Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Wolfspeed Inc (NYSE: WOLF) closed the day trading at $1.88 up 27.89% from the previous closing price of $1.47. In other words, the price has increased by $27.89 from its previous closing price. On the day, 55.11 million shares were traded. WOLF stock price reached its highest trading level at $1.88 during the session, while it also had its lowest trading level at $1.61.
On October 03, 2024, Mizuho Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $17 to $8. TD Cowen reiterated its Hold rating for the stock on August 22, 2024, while the target price for the stock was revised from $25 to $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 28 ’25 when Reynolds Neill sold 13,909 shares for $3.99 per share. The transaction valued at 55,497 led to the insider holds 195,257 shares of the business.
NEILL P REYNOLDS bought 13,909 shares of WOLF for $55,497 on Apr 28 ’25. On Nov 22 ’24, another insider, Dorchak Glenda, who serves as the Director of the company, bought 3,592 shares for $8.33 each. As a result, the insider paid 29,921 and bolstered with 18,688 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, WOLF now has a Market Capitalization of 294167360 and an Enterprise Value of 5868913664. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39. Its current Enterprise Value per Revenue stands at 7.747 whereas that against EBITDA is -27.146.
Stock Price History:
The Beta on a monthly basis for WOLF is 1.34, which has changed by -0.7844037 over the last 52 weeks, in comparison to a change of 0.17089343 over the same period for the S&P500. Over the past 52 weeks, WOLF has reached a high of $17.45, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is 27.33%, while the 200-Day Moving Average is calculated to be -52.65%.
Shares Statistics:
Over the past 3-months, WOLF traded about 52.45M shares per day on average, while over the past 10 days, WOLF traded about 29790070 shares per day. A total of 155.64M shares are outstanding, with a floating share count of 154.82M. Insiders hold about 1.06% of the company’s shares, while institutions hold 42.55% stake in the company. Shares short for WOLF as of 1756425600 were 43452176 with a Short Ratio of 0.83, compared to 1753920000 on 42813400. Therefore, it implies a Short% of Shares Outstanding of 43452176 and a Short% of Float of 43.79.
Earnings Estimates
The dynamic stock of Wolfspeed Inc (WOLF) is currently being evaluated by a team of 2.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.57, with high estimates of -$0.49 and low estimates of -$0.66.
Analysts are recommending an EPS of between -$1.91 and -$2.65 for the fiscal current year, implying an average EPS of -$2.43. EPS for the following year is -$1.74, with 4.0 analysts recommending between -$1.51 and -$2.1.
Revenue Estimates
3 analysts predict $195.37M in revenue for the current quarter. It ranges from a high estimate of $198M to a low estimate of $190.11M. As of the current estimate, Wolfspeed Inc’s year-ago sales were $194.7MFor the next quarter, 3 analysts are estimating revenue of $202.62M. There is a high estimate of $207M for the next quarter, whereas the lowest estimate is $197.17M.
A total of 4 analysts have provided revenue estimates for WOLF’s current fiscal year. The highest revenue estimate was $852.2M, while the lowest revenue estimate was $850M, resulting in an average revenue estimate of $850.88M. In the same quarter a year ago, actual revenue was $757.6MBased on 5 analysts’ estimates, the company’s revenue will be $997.98M in the next fiscal year. The high estimate is $1.01B and the low estimate is $969.5M.
