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After finishing at $24.69 in the prior trading day, Wolfspeed Inc (NYSE: WOLF) closed at $24.37, down -1.30%. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 5.05 million shares were traded. WOLF stock price reached its highest trading level at $27.69 during the session, while it also had its lowest trading level at $23.69.
Ratios:
Our goal is to gain a better understanding of WOLF by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.36.
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 629736832 and an Enterprise Value of 5670748160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83. Its current Enterprise Value per Revenue stands at 7.485 whereas that against EBITDA is -26.229.
Stock Price History:
The Beta on a monthly basis for WOLF is 1.22, which has changed by 0.102714896 over the last 52 weeks, in comparison to a change of 0.17904854 over the same period for the S&P500. Over the past 52 weeks, WOLF has reached a high of $2089.11, while it has fallen to a 52-week low of $8.05. The 50-Day Moving Average of the stock is -86.26%, while the 200-Day Moving Average is calculated to be -93.96%.
Shares Statistics:
The stock has traded on average 1.87M shares per day over the past 3-months and 19865220 shares per day over the last 10 days, according to various share statistics. A total of 155.64M shares are outstanding, with a floating share count of 25.57M. Shares short for WOLF as of 1757894400 were 50542618 with a Short Ratio of 27.10, compared to 1755216000 on 42384786. Therefore, it implies a Short% of Shares Outstanding of 50542618 and a Short% of Float of 50.93.
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 3 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 $851.17M. In the same quarter a year ago, actual revenue was $757.6MBased on 4 analysts’ estimates, the company’s revenue will be $997.47M in the next fiscal year. The high estimate is $1.01B and the low estimate is $969.5M.
