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As of close of business last night, Adamas Trust Inc’s stock clocked out at $7.47, down -1.84% from its previous closing price of $7.61. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 0.62 million shares were traded. ADAM stock price reached its highest trading level at $7.61 during the session, while it also had its lowest trading level at $7.4216.
Ratios:
To gain a deeper understanding of ADAM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.44. For the most recent quarter (mrq), Quick Ratio is recorded 0.06 and its Current Ratio is at 0.06. In the meantime, Its Debt-to-Equity ratio is 7.79 whereas as Long-Term Debt/Eq ratio is at 3.13.
Upgrades & Downgrades
In the most recent recommendation for this company, Janney on August 13, 2024, initiated with a Neutral rating and assigned the stock a target price of $7.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $8.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADAM now has a Market Capitalization of 674642368 and an Enterprise Value of 11871910912. As of this moment, Adamas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.52, and their Forward P/E ratio for the next fiscal year is 8.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 54.765.
Stock Price History:
The Beta on a monthly basis for ADAM is 1.13, which has changed by 0.20602214 over the last 52 weeks, in comparison to a change of 0.12469888 over the same period for the S&P500. Over the past 52 weeks, ADAM has reached a high of $7.75, while it has fallen to a 52-week low of $5.01. The 50-Day Moving Average of the stock is 6.35%, while the 200-Day Moving Average is calculated to be 10.60%.
Shares Statistics:
It appears that ADAM traded 636.53K shares on average per day over the past three months and 695910 shares per day over the past ten days. A total of 90.31M shares are outstanding, with a floating share count of 83.77M. Insiders hold about 7.24% of the company’s shares, while institutions hold 56.59% stake in the company. Shares short for ADAM as of 1763078400 were 2043459 with a Short Ratio of 3.21, compared to 1760486400 on 1793733. Therefore, it implies a Short% of Shares Outstanding of 2043459 and a Short% of Float of 2.78.
Dividends & Splits
With its trailing 12-month dividend rate of 0.83, ADAM has a forward annual dividend rate of 0.83. Against a Trailing Annual Dividend Yield of 0.109067015. The stock’s 5-year Average Dividend Yield is 12.83.
Earnings Estimates
The market rating for Adamas Trust Inc (ADAM) is a result of the insights provided by 3.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.24, with high estimates of $0.27 and low estimates of $0.23.
Analysts are recommending an EPS of between $0.93 and $0.89 for the fiscal current year, implying an average EPS of $0.91. EPS for the following year is $1.0, with 3.0 analysts recommending between $1.1 and $0.92.
Revenue Estimates
In. The current quarter, 3 analysts expect revenue to total $49.24M. It ranges from a high estimate of $65.6M to a low estimate of $40.89M. As of. The current estimate, Adamas Trust Inc’s year-ago sales were $26.71MFor the next quarter, 3 analysts are estimating revenue of $51.06M. There is a high estimate of $66.7M for the next quarter, whereas the lowest estimate is $40.89M.
A total of 3 analysts have provided revenue estimates for ADAM’s current fiscal year. The highest revenue estimate was $171.7M, while the lowest revenue estimate was $147.02M, resulting in an average revenue estimate of $155.36M. In the same quarter a year ago, actual revenue was $83.86MBased on 3 analysts’ estimates, the company’s revenue will be $206.21M in the next fiscal year. The high estimate is $265M and the low estimate is $163.56M.
