The price of ON24 Inc (NYSE: ONTF) closed at $7.06 in the last session, down -8.31% from day before closing price of $7.70. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 821165 shares were traded.
Ratios:
We take a closer look at ONTF’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 20 when Blackie James sold 17,899 shares for $8.15 per share. The transaction valued at 145,789 led to the insider holds 286,320 shares of the business.
Vattuone Steven sold 10,376 shares of ONTF for $84,514 on Feb 20. The Chief Financial Officer now owns 396,398 shares after completing the transaction at $8.15 per share. On Feb 15, another insider, Trempont Dominique, who serves as the Director of the company, sold 4,250 shares for $8.12 each. As a result, the insider received 34,526 and left with 287,185 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONTF now has a Market Capitalization of 293.00M and an Enterprise Value of 99.68M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.79 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 0.58 whereas that against EBITDA is -2.12.
Stock Price History:
Over the past 52 weeks, ONTF has reached a high of $9.09, while it has fallen to a 52-week low of $5.73. The 50-Day Moving Average of the stock is 7.59, while the 200-Day Moving Average is calculated to be 7.39.
Shares Statistics:
According to the various share statistics, ONTF traded on average about 317.33K shares per day over the past 3-months and 351.52k shares per day over the past 10 days. A total of 47.55M shares are outstanding, with a floating share count of 36.57M. Insiders hold about 11.90% of the company’s shares, while institutions hold 73.10% stake in the company. Shares short for ONTF as of Jan 31, 2024 were 642.43k with a Short Ratio of 2.02, compared to 584.19k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.55% and a Short% of Float of 2.25%.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.02 and a low estimate of $0.01, while EPS last year was -$0.04. The consensus estimate for the next quarter is -$0.02, with high estimates of $0 and low estimates of -$0.04.
Analysts are recommending an EPS of between $0.06 and $0.04 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.05, with 6 analysts recommending between $0.12 and -$0.01.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $39.34M. It ranges from a high estimate of $37.33M to a low estimate of $37M. As of the current estimate, ON24 Inc’s year-ago sales were $46.57M, an estimated decrease of -15.50% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $36.16M, a decrease of -16.00% less than the figure of -$15.50% in the same quarter last year. There is a high estimate of $36.5M for the next quarter, whereas the lowest estimate is $35.8M.
A total of 6 analysts have provided revenue estimates for ONTF’s current fiscal year. The highest revenue estimate was $162M, while the lowest revenue estimate was $161.68M, resulting in an average revenue estimate of $163.71M. In the same quarter a year ago, actual revenue was $190.87M, down -14.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $147.4M in the next fiscal year. The high estimate is $151.3M and the low estimate is $142.99M. The average revenue growth estimate for next year is down -10.00% from the average revenue estimate for this year.
