Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Adamas Trust Inc (NASDAQ: ADAM) closed at $6.79 in the last session, down -0.15% from day before closing price of $6.8. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 0.69 million shares were traded. ADAM stock price reached its highest trading level at $6.86 during the session, while it also had its lowest trading level at $6.77.
Ratios:
We take a closer look at ADAM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.07 and its Current Ratio is at 0.07. In the meantime, Its Debt-to-Equity ratio is 6.46 whereas as Long-Term Debt/Eq ratio is at 2.91.
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, Janney on August 13, 2024, initiated with a Neutral rating and assigned the stock a target price of $7.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $8.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADAM now has a Market Capitalization of 613229184 and an Enterprise Value of 9930095616. As of this moment, Adamas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.77, and their Forward P/E ratio for the next fiscal year is 7.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 48.344.
Stock Price History:
The Beta on a monthly basis for ADAM is 1.37, which has changed by 0.20603907 over the last 52 weeks, in comparison to a change of 0.15927899 over the same period for the S&P500. Over the past 52 weeks, ADAM has reached a high of $7.52, while it has fallen to a 52-week low of $5.01. The 50-Day Moving Average of the stock is -3.15%, while the 200-Day Moving Average is calculated to be 3.84%.
Shares Statistics:
According to the various share statistics, ADAM traded on average about 676.45K shares per day over the past 3-months and 691810 shares per day over the past 10 days. A total of 90.31M shares are outstanding, with a floating share count of 83.79M. Insiders hold about 7.22% of the company’s shares, while institutions hold 58.79% stake in the company. Shares short for ADAM as of 1757894400 were 2141725 with a Short Ratio of 3.17, compared to 1753920000 on 2646004. Therefore, it implies a Short% of Shares Outstanding of 2141725 and a Short% of Float of 2.91.
Dividends & Splits
The forward annual dividend rate for ADAM is 0.83, which was 0.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.11764706. The stock’s 5-year Average Dividend Yield is 12.94.
Earnings Estimates
As of right now, 3.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.22, with high estimates of $0.23 and low estimates of $0.22.
Analysts are recommending an EPS of between $0.88 and $0.87 for the fiscal current year, implying an average EPS of $0.88. EPS for the following year is $0.94, with 3.0 analysts recommending between $1.0 and $0.88.
Revenue Estimates
According to 3 analysts,. The current quarter’s revenue is expected to be $42.72M. It ranges from a high estimate of $51.1M to a low estimate of $38.39M. As of. The current estimate, Adamas Trust Inc’s year-ago sales were $20.24MFor the next quarter, 3 analysts are estimating revenue of $43.41M. There is a high estimate of $50.6M for the next quarter, whereas the lowest estimate is $38.39M.
A total of 3 analysts have provided revenue estimates for ADAM’s current fiscal year. The highest revenue estimate was $171.3M, while the lowest revenue estimate was $146.33M, resulting in an average revenue estimate of $155.69M. In the same quarter a year ago, actual revenue was $83.86MBased on 3 analysts’ estimates, the company’s revenue will be $186.52M in the next fiscal year. The high estimate is $215.9M and the low estimate is $153.57M.
