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Adamas Trust Inc (NASDAQ: ADAM) closed the day trading at $7.06 down -0.70% from the previous closing price of $7.11. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 0.6 million shares were traded. ADAM stock price reached its highest trading level at $7.175 during the session, while it also had its lowest trading level at $7.015.
Ratios:
For a better understanding of ADAM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.03. 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 637613824 and an Enterprise Value of 11871007744. As of this moment, Adamas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.35, and their Forward P/E ratio for the next fiscal year is 8.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 54.76.
Stock Price History:
The Beta on a monthly basis for ADAM is 1.13, which has changed by 0.09722221 over the last 52 weeks, in comparison to a change of 0.12529528 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 0.32%, while the 200-Day Moving Average is calculated to be 4.37%.
Shares Statistics:
Over the past 3-months, ADAM traded about 641.03K shares per day on average, while over the past 10 days, ADAM traded about 679340 shares per day. 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 3.19, 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
ADAM’s forward annual dividend rate is 0.83, up from 0.83 a year ago. Against a Trailing Annual Dividend Yield of 0.116736986. The stock’s 5-year Average Dividend Yield is 12.83.
Earnings Estimates
A comprehensive evaluation of Adamas Trust Inc (ADAM) is underway, with the input of 3.0 analysts contributing to its current rating.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
3 analysts predict $49.24M in revenue for. The current quarter. 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.
