Understanding Dragonfly Energy Holdings Corp (DFLI)’s financial health through ratios

Dragonfly Energy Holdings Corp (NASDAQ: DFLI) closed the day trading at $0.54 up 2.29% from the previous closing price of $0.53. In other words, the price has increased by $+0.0121 from its previous closing price. On the day, 126822 shares were traded.

Ratios:

For a better understanding of DFLI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.11.

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, ROTH MKM on September 14, 2023, initiated with a Buy rating and assigned the stock a target price of $4.

On January 11, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $15.

On November 18, 2022, Chardan Capital Markets started tracking the stock assigning a Buy rating and target price of $15.Chardan Capital Markets initiated its Buy rating on November 18, 2022, with a $15 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DFLI now has a Market Capitalization of 32.16M and an Enterprise Value of 41.56M. 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 1.31. Its current Enterprise Value per Revenue stands at 0.56 whereas that against EBITDA is -1.31.

Stock Price History:

Over the past 52 weeks, DFLI has reached a high of $6.35, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is 0.5082, while the 200-Day Moving Average is calculated to be 1.1746.

Shares Statistics:

Over the past 3-months, DFLI traded about 276.89K shares per day on average, while over the past 10 days, DFLI traded about 181.99k shares per day. A total of 43.27M shares are outstanding, with a floating share count of 23.87M. Insiders hold about 59.91% of the company’s shares, while institutions hold 8.31% stake in the company. Shares short for DFLI as of Mar 15, 2024 were 3.15M with a Short Ratio of 11.39, compared to 2.88M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.30% and a Short% of Float of 10.09%.

Earnings Estimates

Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.2 for the current quarter, with a high estimate of -$0.2 and a low estimate of -$0.2, while EPS last year was -$0.47. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.09 and low estimates of -$0.22.

Analysts are recommending an EPS of between -$0.41 and -$0.53 for the fiscal current year, implying an average EPS of -$0.49. EPS for the following year is -$0.58, with 3 analysts recommending between -$0.27 and -$0.8.

Revenue Estimates

4 analysts predict $12.24M in revenue for the current quarter. It ranges from a high estimate of $12.64M to a low estimate of $11.7M. As of the current estimate, Dragonfly Energy Holdings Corp’s year-ago sales were $20.2M, an estimated decrease of -39.40% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $14.1M, a decrease of -25.00% over than the figure of -$39.40% in the same quarter last year. There is a high estimate of $14.3M for the next quarter, whereas the lowest estimate is $14M.

A total of 4 analysts have provided revenue estimates for DFLI’s current fiscal year. The highest revenue estimate was $66.6M, while the lowest revenue estimate was $65.65M, resulting in an average revenue estimate of $66.19M. In the same quarter a year ago, actual revenue was $86.25M, down -23.30% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $75.49M in the next fiscal year. The high estimate is $83M and the low estimate is $71.05M. The average revenue growth estimate for next year is up 14.10% from the average revenue estimate for this year.

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