After finishing at $0.48 in the prior trading day, Fisker Inc (NYSE: FSR) closed at $0.44, down -8.50%. In other words, the price has decreased by -$0.0410 from its previous closing price. On the day, 202394147 shares were traded.
Ratios:
Our goal is to gain a better understanding of FSR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 16.37 whereas as Long-Term Debt/Eq ratio is at 16.18.
TD Cowen Downgraded its Outperform to Market Perform on January 17, 2024, whereas the target price for the stock was revised from $11 to $1.
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 Mar 28 when Huhnke Burkhard J. sold 10,280 shares for $5.93 per share. The transaction valued at 60,960 led to the insider holds 25,493 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FSR now has a Market Capitalization of 284.26M and an Enterprise Value of 932.54M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 12.75 whereas that against EBITDA is -2.51.
Stock Price History:
Over the past 52 weeks, FSR has reached a high of $7.76, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is 0.9724, while the 200-Day Moving Average is calculated to be 4.1645.
Shares Statistics:
The stock has traded on average 44.09M shares per day over the past 3-months and 84.93M shares per day over the last 10 days, according to various share statistics. A total of 535.17M shares are outstanding, with a floating share count of 393.50M. Insiders hold about 26.47% of the company’s shares, while institutions hold 18.56% stake in the company. Shares short for FSR as of Feb 15, 2024 were 102.98M with a Short Ratio of 2.34, compared to 106.07M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 19.24% and a Short% of Float of 25.82%.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.24, while EPS last year was -$0.38. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.08 and low estimates of -$0.17.
Analysts are recommending an EPS of between $0.01 and -$0.86 for the fiscal current year, implying an average EPS of -$0.45. EPS for the following year is -$0.29, with 4 analysts recommending between $0.12 and -$0.56.
Revenue Estimates
5 analysts predict $301.78M in revenue for the current quarter. It ranges from a high estimate of $727M to a low estimate of $110.61M. As of the current estimate, Fisker Inc’s year-ago sales were $14.35M, an estimated increase of 2,003.00% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $334.1M, an increase of 40,397.00% over than the figure of $2,003.00% in the same quarter last year. There is a high estimate of $706M for the next quarter, whereas the lowest estimate is $223.68M.
A total of 8 analysts have provided revenue estimates for FSR’s current fiscal year. The highest revenue estimate was $2.89B, while the lowest revenue estimate was $940.8M, resulting in an average revenue estimate of $1.72B. In the same quarter a year ago, actual revenue was $272.89M, up 530.80% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $3.31B in the next fiscal year. The high estimate is $5.09B and the low estimate is $1.61B. The average revenue growth estimate for next year is up 92.20% from the average revenue estimate for this year.
