The price of OptiNose Inc (NASDAQ: OPTN) closed at $1.82 in the last session, up 7.40% from day before closing price of $1.69. In other words, the price has increased by $+0.1250 from its previous closing price. On the day, 968672 shares were traded.
Ratios:
We take a closer look at OPTN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.60.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on August 21, 2023, initiated with a Buy rating and assigned the stock a target price of $3.
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 Jan 31 when Mahmoud Ramy A sold 52,875 shares for $1.31 per share. The transaction valued at 69,266 led to the insider holds 548,387 shares of the business.
Mahmoud Ramy A sold 11,114 shares of OPTN for $12,781 on Dec 18. The Chief Executive Officer now owns 509,728 shares after completing the transaction at $1.15 per share. On Dec 18, another insider, Marino Michael F III, who serves as the Chief Legal Officer & Corp Sec of the company, sold 5,005 shares for $1.15 each. As a result, the insider received 5,756 and left with 333,511 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, OPTN now has a Market Capitalization of 203.85M and an Enterprise Value of 267.95M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.83. Its current Enterprise Value per Revenue stands at 3.72 whereas that against EBITDA is -12.56.
Stock Price History:
Over the past 52 weeks, OPTN has reached a high of $2.07, while it has fallen to a 52-week low of $0.90. The 50-Day Moving Average of the stock is 1.3086, while the 200-Day Moving Average is calculated to be 1.2567.
Shares Statistics:
According to the various share statistics, OPTN traded on average about 365.00K shares per day over the past 3-months and 468.26k shares per day over the past 10 days. A total of 111.49M shares are outstanding, with a floating share count of 81.48M. Insiders hold about 27.45% of the company’s shares, while institutions hold 58.48% stake in the company. Shares short for OPTN as of Feb 15, 2024 were 3.6M with a Short Ratio of 9.85, compared to 3.5M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.20% and a Short% of Float of 3.70%.
Earnings Estimates
The company has 3 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.1, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.09 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$0.32 and -$0.33 for the fiscal current year, implying an average EPS of -$0.32. EPS for the following year is -$0.26, with 3 analysts recommending between -$0.23 and -$0.29.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $19.23M. It ranges from a high estimate of $19.9M to a low estimate of $18.5M. As of the current estimate, OptiNose Inc’s year-ago sales were $20.86M, an estimated decrease of -7.80% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $18.18M, an increase of 53.50% over than the figure of -$7.80% in the same quarter last year. There is a high estimate of $18.35M for the next quarter, whereas the lowest estimate is $18M.
A total of 3 analysts have provided revenue estimates for OPTN’s current fiscal year. The highest revenue estimate was $71M, while the lowest revenue estimate was $69.6M, resulting in an average revenue estimate of $70.34M. In the same quarter a year ago, actual revenue was $76.28M, down -7.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $95.71M in the next fiscal year. The high estimate is $111.5M and the low estimate is $83.43M. The average revenue growth estimate for next year is up 36.10% from the average revenue estimate for this year.
