Eneti Inc. (NETI) stock: EPS estimates from a range of analysts

The closing price of Eneti Inc. (NYSE: NETI) was $9.87 for the day, up 2.71% from the previous closing price of $9.61. In other words, the price has increased by $+0.26 from its previous closing price. On the day, 528565 shares were traded. NETI stock price reached its highest trading level at $10.03 during the session, while it also had its lowest trading level at $9.29.

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Our analysis of NETI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 3.70. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.07.

Upgrades & Downgrades

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NETI now has a Market Capitalization of 300.29M and an Enterprise Value of 243.72M. As of this moment, Eneti’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 1.28 whereas that against EBITDA is 2.23.

Stock Price History:

Over the past 52 weeks, NETI has reached a high of $11.20, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is 9.06, while the 200-Day Moving Average is calculated to be 9.04.

Shares Statistics:

NETI traded an average of 446.46K shares per day over the past three months and 461.78k shares per day over the past ten days. A total of 36.60M shares are outstanding, with a floating share count of 25.27M. Insiders hold about 28.77% of the company’s shares, while institutions hold 31.50% stake in the company. Shares short for NETI as of Apr 27, 2023 were 1.5M with a Short Ratio of 1.50M, compared to 1.13M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.88% and a Short% of Float of 6.12%.

Dividends & Splits

With its trailing 12-month dividend rate of 0.04, NETI has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.42%, it implies a Forward Annual Dividend Yield of 0.42%. The stock’s 5-year Average Dividend Yield is 1.57.

Earnings Estimates

The firm’s stock currently is rated by 2 analysts. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.1 and a low estimate of -$0.01, while EPS last year was $1.36. The consensus estimate for the next quarter is $0.08, with high estimates of $0.09 and low estimates of $0.06.

Analysts are recommending an EPS of between $0.04 and -$0.51 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is -$0.1, with 4 analysts recommending between $0.05 and -$0.5.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $42.69M to a low estimate of $35.25M. As of the current estimate, Eneti Inc.’s year-ago sales were $61.28M, an estimated decrease of -36.60% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $44.87M, a decrease of -29.60% over than the figure of -$36.60% in the same quarter last year. There is a high estimate of $48.62M for the next quarter, whereas the lowest estimate is $40.16M.

A total of 6 analysts have provided revenue estimates for NETI’s current fiscal year. The highest revenue estimate was $141.09M, while the lowest revenue estimate was $119.91M, resulting in an average revenue estimate of $129.99M. In the same quarter a year ago, actual revenue was $199.33M, down -34.80% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $153.28M in the next fiscal year. The high estimate is $166.39M and the low estimate is $147.22M. The average revenue growth estimate for next year is up 17.90% from the average revenue estimate for this year.