Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Imperial Petroleum Inc (NASDAQ: IMPP) closed at $3.6 down -0.28% from its previous closing price of $3.61. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 0.58 million shares were traded. IMPP stock price reached its highest trading level at $3.675 during the session, while it also had its lowest trading level at $3.515.
Ratios:
For a deeper understanding of Imperial Petroleum Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.40. For the most recent quarter (mrq), Quick Ratio is recorded 6.55 and its Current Ratio is at 6.94. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IMPP now has a Market Capitalization of 130409408 and an Enterprise Value of 21899050. As of this moment, Imperial’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.36, and their Forward P/E ratio for the next fiscal year is 1.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 0.161 whereas that against EBITDA is 0.412.
Stock Price History:
The Beta on a monthly basis for IMPP is 1.28, which has changed by 0.28571427 over the last 52 weeks, in comparison to a change of 0.15024745 over the same period for the S&P500. Over the past 52 weeks, IMPP has reached a high of $6.57, while it has fallen to a 52-week low of $2.12. The 50-Day Moving Average of the stock is -19.64%, while the 200-Day Moving Average is calculated to be -4.61%.
Shares Statistics:
For the past three months, IMPP has traded an average of 765.35K shares per day and 536980 over the past ten days. A total of 44.65M shares are outstanding, with a floating share count of 31.38M. Insiders hold about 29.71% of the company’s shares, while institutions hold 16.11% stake in the company. Shares short for IMPP as of 1767139200 were 3197905 with a Short Ratio of 4.18, compared to 1764288000 on 3222363. Therefore, it implies a Short% of Shares Outstanding of 3197905 and a Short% of Float of 18.9.
Earnings Estimates
Current recommendations for the stock of the company come from 1.0 analysts. The consensus estimate for the next quarter is $0.35, with high estimates of $0.35 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.29 and $1.29 for the fiscal current year, implying an average EPS of $1.29. EPS for the following year is $2.02, with 1.0 analysts recommending between $2.02 and $2.02.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $45.6M this quarter.It ranges from a high estimate of $45.6M to a low estimate of $45.6M. The current estimate, Imperial Petroleum Inc’s year-ago sales were $26.21MFor the next quarter, 1 analysts are estimating revenue of $49.2M. There is a high estimate of $49.2M for the next quarter, whereas the lowest estimate is $49.2M.
A total of 1 analysts have provided revenue estimates for IMPP’s current fiscal year. The highest revenue estimate was $155.5M, while the lowest revenue estimate was $155.5M, resulting in an average revenue estimate of $155.5M. In the same quarter a year ago, actual revenue was $147.48MBased on 1 analysts’ estimates, the company’s revenue will be $237.3M in the next fiscal year. The high estimate is $237.3M and the low estimate is $237.3M.
