Cue Health Inc (HLTH)’s financial ratios: A comprehensive overview

Cue Health Inc (NASDAQ: HLTH) closed the day trading at $0.20 up 0.41% from the previous closing price of $0.20. On the day, 798632 shares were traded.

Ratios:

For a better understanding of HLTH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.22 and its Current Ratio is at 2.54. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.17.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HLTH now has a Market Capitalization of 31.23M and an Enterprise Value of -1.72M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 0.12. Its current Enterprise Value per Revenue stands at -0.03 whereas that against EBITDA is 0.01.

Stock Price History:

Over the past 52 weeks, HLTH has reached a high of $2.37, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is 0.2346, while the 200-Day Moving Average is calculated to be 0.3615.

Shares Statistics:

Over the past 3-months, HLTH traded about 1.15M shares per day on average, while over the past 10 days, HLTH traded about 670.86k shares per day. A total of 155.30M shares are outstanding, with a floating share count of 105.62M. Insiders hold about 31.99% of the company’s shares, while institutions hold 40.43% stake in the company. Shares short for HLTH as of Feb 29, 2024 were 860.44k with a Short Ratio of 0.75, compared to 1.47M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.56% and a Short% of Float of 0.62%.

Earnings Estimates

Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of -$0.33 for the current quarter, with a high estimate of -$0.22 and a low estimate of -$0.39, while EPS last year was -$0.62. The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.16 and low estimates of -$0.34.

Analysts are recommending an EPS of between -$0.66 and -$1.32 for the fiscal current year, implying an average EPS of -$1. EPS for the following year is -$0.66, with 4 analysts recommending between -$0.36 and -$1.09.

Revenue Estimates

2 analysts predict $10.1M in revenue for the current quarter. It ranges from a high estimate of $10.3M to a low estimate of $9.91M. As of the current estimate, Cue Health Inc’s year-ago sales were $24.77M, an estimated decrease of -59.20% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $10.7M, an increase of 8.10% over than the figure of -$59.20% in the same quarter last year. There is a high estimate of $13.01M for the next quarter, whereas the lowest estimate is $9.4M.

A total of 4 analysts have provided revenue estimates for HLTH’s current fiscal year. The highest revenue estimate was $87.5M, while the lowest revenue estimate was $55M, resulting in an average revenue estimate of $71.53M. In the same quarter a year ago, actual revenue was $70.94M, up 0.80% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $115.79M in the next fiscal year. The high estimate is $127.28M and the low estimate is $100M. The average revenue growth estimate for next year is up 61.90% from the average revenue estimate for this year.

Most Popular