The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Cambium Networks Corp (NASDAQ: CMBM) was $0.32 for the day, down -7.51% from the previous closing price of $0.35. In other words, the price has decreased by -$7.51 from its previous closing price. On the day, 0.61 million shares were traded.
Ratios:
Our analysis of CMBM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 1.76 whereas as Long-Term Debt/Eq ratio is at 0.21.
JP Morgan Downgraded its Neutral to Underweight on August 02, 2023, whereas the target price for the stock was revised from $17 to $12.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 02 ’24 when Cada-Bartoli Melissa Elizabeth sold 50 shares for $1.23 per share. The transaction valued at 62 led to the insider holds 4,880 shares of the business.
Cada-Bartoli Melissa Elizabeth bought 50 shares of CMBM for $62 on Dec 02 ’24.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.21.
Stock Price History:
Over the past 52 weeks, CMBM has reached a high of $3.18, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -18.89%, while the 200-Day Moving Average is calculated to be -67.42%.
Shares Statistics:
A total of 28.24M shares are outstanding, with a floating share count of 12.68M. Insiders hold about 55.12% of the company’s shares, while institutions hold 21.43% stake in the company.
Earnings Estimates
The stock of Cambium Networks Corp (CMBM) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.09 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.72 and -$0.72 for the fiscal current year, implying an average EPS of -$0.72. EPS for the following year is $0.05, with 1.0 analysts recommending between $0.05 and $0.05.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $43.2M to a low estimate of $43.2M. As of the current estimate, Cambium Networks Corp’s year-ago sales were $40.21MFor the next quarter, 1 analysts are estimating revenue of $45.3M. There is a high estimate of $45.3M for the next quarter, whereas the lowest estimate is $45.3M.
A total of 1 analysts have provided revenue estimates for CMBM’s current fiscal year. The highest revenue estimate was $175.2M, while the lowest revenue estimate was $175.2M, resulting in an average revenue estimate of $175.2M. In the same quarter a year ago, actual revenue was $220.19MBased on 1 analysts’ estimates, the company’s revenue will be $205.8M in the next fiscal year. The high estimate is $205.8M and the low estimate is $205.8M.
