Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Accuray Inc (NASDAQ: ARAY) closed at $1.67 in the last session, down -5.65% from day before closing price of $1.77. In other words, the price has decreased by -$5.65 from its previous closing price. On the day, 0.78 million shares were traded. ARAY stock price reached its highest trading level at $1.79 during the session, while it also had its lowest trading level at $1.655.
Ratios:
We take a closer look at ARAY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 2.17 whereas as Long-Term Debt/Eq ratio is at 1.93.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, ROTH MKM on February 13, 2024, initiated with a Buy rating and assigned the stock a target price of $9.
On June 23, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $7.50.
On December 22, 2021, Loop Capital started tracking the stock assigning a Buy rating and target price of $7.50.Loop Capital initiated its Buy rating on December 22, 2021, with a $7.50 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 13 ’25 when WHITTERS JOSEPH E bought 50,000 shares for $1.25 per share. The transaction valued at 62,335 led to the insider holds 611,053 shares of the business.
Hoge Michael bought 242,590 shares of ARAY for $557,957 on Feb 11 ’25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARAY now has a Market Capitalization of 199438544 and an Enterprise Value of 271208832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 0.592 whereas that against EBITDA is 19.387.
Stock Price History:
The Beta on a monthly basis for ARAY is 1.32, which has changed by -0.06703913 over the last 52 weeks, in comparison to a change of 0.15101504 over the same period for the S&P500. Over the past 52 weeks, ARAY has reached a high of $2.95, while it has fallen to a 52-week low of $1.14. The 50-Day Moving Average of the stock is 11.98%, while the 200-Day Moving Average is calculated to be -1.71%.
Shares Statistics:
According to the various share statistics, ARAY traded on average about 801.75K shares per day over the past 3-months and 919580 shares per day over the past 10 days. A total of 112.64M shares are outstanding, with a floating share count of 107.81M. Insiders hold about 4.32% of the company’s shares, while institutions hold 61.25% stake in the company. Shares short for ARAY as of 1756425600 were 2217477 with a Short Ratio of 3.82, compared to 1753920000 on 2430751. Therefore, it implies a Short% of Shares Outstanding of 2217477 and a Short% of Float of 2.01.
Earnings Estimates
The stock of Accuray Inc (ARAY) is currently in the spotlight, with 1.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between -$0.03 and -$0.03 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is $0.04, with 1.0 analysts recommending between $0.04 and $0.04.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $91.33M. It ranges from a high estimate of $91.87M to a low estimate of $90.8M. As of the current estimate, Accuray Inc’s year-ago sales were $101.55MFor the next quarter, 2 analysts are estimating revenue of $122.91M. There is a high estimate of $123.1M for the next quarter, whereas the lowest estimate is $122.72M.
A total of 2 analysts have provided revenue estimates for ARAY’s current fiscal year. The highest revenue estimate was $477.6M, while the lowest revenue estimate was $472.69M, resulting in an average revenue estimate of $475.14M. In the same quarter a year ago, actual revenue was $458.5MBased on 2 analysts’ estimates, the company’s revenue will be $494.38M in the next fiscal year. The high estimate is $499.2M and the low estimate is $489.55M.
