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The closing price of Tigo Energy Inc (NASDAQ: TYGO) was $1.23 for the day, down -6.11% from the previous closing price of $1.31. In other words, the price has decreased by -$6.11 from its previous closing price. On the day, 0.68 million shares were traded. TYGO stock price reached its highest trading level at $1.37 during the session, while it also had its lowest trading level at $1.21.
Ratios:
Our analysis of TYGO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.47. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 28.33 whereas as Long-Term Debt/Eq ratio is at 1.31.
On February 27, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $5.
ROTH MKM Downgraded its Buy to Neutral on November 09, 2023, whereas the target price for the stock was revised from $11 to $2.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TYGO now has a Market Capitalization of 76280048 and an Enterprise Value of 96484208. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 20.17. Its current Enterprise Value per Revenue stands at 1.297 whereas that against EBITDA is -2.491.
Stock Price History:
The Beta on a monthly basis for TYGO is 0.99, which has changed by -0.14583331 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, TYGO has reached a high of $1.80, while it has fallen to a 52-week low of $0.58. The 50-Day Moving Average of the stock is 0.14%, while the 200-Day Moving Average is calculated to be 20.78%.
Shares Statistics:
TYGO traded an average of 836.03K shares per day over the past three months and 5109230 shares per day over the past ten days. A total of 62.02M shares are outstanding, with a floating share count of 28.85M. Insiders hold about 53.47% of the company’s shares, while institutions hold 14.97% stake in the company. Shares short for TYGO as of 1752537600 were 59321 with a Short Ratio of 0.07, compared to 1749772800 on 54121. Therefore, it implies a Short% of Shares Outstanding of 59321 and a Short% of Float of 0.21.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Tigo Energy Inc (TYGO) is currently under the scrutiny of 3.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.04 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.27 and -$0.29 for the fiscal current year, implying an average EPS of -$0.28. EPS for the following year is -$0.15, with 3.0 analysts recommending between -$0.05 and -$0.22.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $30M to a low estimate of $29.1M. As of the current estimate, Tigo Energy Inc’s year-ago sales were $14.24MFor the next quarter, 4 analysts are estimating revenue of $30.66M. There is a high estimate of $32.63M for the next quarter, whereas the lowest estimate is $29.7M.
A total of 4 analysts have provided revenue estimates for TYGO’s current fiscal year. The highest revenue estimate was $104.94M, while the lowest revenue estimate was $101.6M, resulting in an average revenue estimate of $103.14M. In the same quarter a year ago, actual revenue was $54.01MBased on 4 analysts’ estimates, the company’s revenue will be $127.1M in the next fiscal year. The high estimate is $141.69M and the low estimate is $114.2M.
