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After finishing at $0.94 in the prior trading day, Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) closed at $0.93, down -1.31%. In other words, the price has decreased by -$1.31 from its previous closing price. On the day, 3.2 million shares were traded. PSNY stock price reached its highest trading level at $0.9499 during the session, while it also had its lowest trading level at $0.92.
On December 05, 2024, BofA Securities started tracking the stock assigning a Neutral rating and target price of $1.25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PSNY now has a Market Capitalization of 2026678784 and an Enterprise Value of 6893207040. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.06. Its current Enterprise Value per Revenue stands at 2.706 whereas that against EBITDA is -4.059.
Stock Price History:
The Beta on a monthly basis for PSNY is 1.36, which has changed by -0.45348835 over the last 52 weeks, in comparison to a change of 0.17342639 over the same period for the S&P500. Over the past 52 weeks, PSNY has reached a high of $1.78, while it has fallen to a 52-week low of $0.84. The 50-Day Moving Average of the stock is -12.05%, while the 200-Day Moving Average is calculated to be -13.34%.
Shares Statistics:
The stock has traded on average 4.06M shares per day over the past 3-months and 2464270 shares per day over the last 10 days, according to various share statistics. A total of 2.28B shares are outstanding, with a floating share count of 2.28B. Insiders hold about 0.06% of the company’s shares, while institutions hold 3.08% stake in the company. Shares short for PSNY as of 1757894400 were 39266177 with a Short Ratio of 9.68, compared to 1755216000 on 43190716.
Earnings Estimates
. The current assessment of Polestar Automotive Holding UK PLC ADR (PSNY) involves the perspectives of 1 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.11 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.45 and -$0.46 for the fiscal current year, implying an average EPS of -$0.45. EPS for the following year is -$0.31, with 2.0 analysts recommending between -$0.29 and -$0.32.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $905.7M. There is a high estimate of $905.7M for the next quarter, whereas the lowest estimate is $905.7M.
A total of 2 analysts have provided revenue estimates for PSNY’s current fiscal year. The highest revenue estimate was $3.18B, while the lowest revenue estimate was $2.97B, resulting in an average revenue estimate of $3.07B. In the same quarter a year ago, actual revenue was $2.03BBased on 2 analysts’ estimates, the company’s revenue will be $4.46B in the next fiscal year. The high estimate is $4.65B and the low estimate is $4.28B.
