Is Bird Global Inc. (NYSE:BRDS) an excellent stock to buy at the moment?

The price of Bird Global Inc. (NYSE: BRDS) closed at $0.26 in the last session, up 1.46% from day before closing price of $0.25. In other words, the price has increased by $+0.0037 from its previous closing price. On the day, 943530 shares were traded. BRDS stock price reached its highest trading level at $0.2604 during the session, while it also had its lowest trading level at $0.2450.

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A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

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Ratios:

We take a closer look at BRDS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.50. In the meantime, Its Debt-to-Equity ratio is 2.37 whereas as Long-Term Debt/Eq ratio is at 0.00.

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, Goldman on January 07, 2022, initiated with a Neutral rating and assigned the stock a target price of $6.

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 Sep 06 when Hahn Rebecca sold 4,598 shares for $0.43 per share. The transaction valued at 1,965 led to the insider holds 1,142,814 shares of the business.

Wright Gregory Alan sold 5,385 shares of BRDS for $2,301 on Sep 06. The Controller now owns 425,037 shares after completing the transaction at $0.43 per share. On Sep 06, another insider, Ling Yibo, who serves as the Chief Financial Officer of the company, sold 200,365 shares for $0.43 each. As a result, the insider received 85,616 and left with 2,568,851 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 1.61.

Stock Price History:

Over the past 52 weeks, BRDS has reached a high of $4.10, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 0.2338, while the 200-Day Moving Average is calculated to be 0.6127.

Shares Statistics:

According to the various share statistics, BRDS traded on average about 2.36M shares per day over the past 3-months and 1.76M shares per day over the past 10 days. A total of 280.91M shares are outstanding, with a floating share count of 218.73M. Insiders hold about 16.40% of the company’s shares, while institutions hold 62.00% stake in the company. Shares short for BRDS as of Oct 13, 2022 were 19.85M with a Short Ratio of 20.33M, compared to 18.99M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 6.96% and a Short% of Float of 13.88%.

Earnings Estimates

The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.24, while EPS last year was -$0.72. The consensus estimate for the next quarter is -$0.18, with high estimates of -$0.08 and low estimates of -$0.27.

Analysts are recommending an EPS of between -$1.6 and -$1.6 for the fiscal current year, implying an average EPS of -$1.6. EPS for the following year is -$0.49, with 4 analysts recommending between -$0.17 and -$0.9.

Revenue Estimates

A total of 4 analysts have provided revenue estimates for BRDS’s current fiscal year. The highest revenue estimate was $285.39M, while the lowest revenue estimate was $275M, resulting in an average revenue estimate of $278.23M. In the same quarter a year ago, actual revenue was $205.14M, up 35.60% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $418.72M in the next fiscal year. The high estimate is $520.37M and the low estimate is $312.5M. The average revenue growth estimate for next year is up 50.50% from the average revenue estimate for this year.