After finishing at $1.57 in the prior trading day, AEye Inc (NASDAQ: LIDR) closed at $1.27, down -19.11%. In other words, the price has decreased by -$0.3000 from its previous closing price. On the day, 725908 shares were traded.
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Ratios:
Our goal is to gain a better understanding of LIDR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.91 and its Current Ratio is at 3.96. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.51.
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, DA Davidson on November 11, 2021, initiated with a Buy rating and assigned the stock a target price of $15.
On October 25, 2021, ROTH Capital started tracking the stock assigning a Buy rating and target price of $15.
On September 23, 2021, Guggenheim started tracking the stock assigning a Buy rating and target price of $14.Guggenheim initiated its Buy rating on September 23, 2021, with a $14 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 01 ’23 when Dussan Luis sold 32,778 shares for $0.15 per share. The transaction valued at 4,946 led to the insider holds 16,344,985 shares of the business.
Dussan Luis sold 64,109 shares of LIDR for $9,886 on Nov 30 ’23. The Director now owns 16,377,763 shares after completing the transaction at $0.15 per share. On Nov 29 ’23, another insider, Dussan Luis, who serves as the Director of the company, sold 87,054 shares for $0.15 each. As a result, the insider received 13,328 and left with 16,441,872 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LIDR now has a Market Capitalization of 7.96M and an Enterprise Value of -22.44M. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.45 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at -9.02 whereas that against EBITDA is 0.28.
Stock Price History:
Over the past 52 weeks, LIDR has reached a high of $24.00, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 1.3744, while the 200-Day Moving Average is calculated to be 4.9097.
Shares Statistics:
The stock has traded on average 411.11K shares per day over the past 3-months and 1.33M shares per day over the last 10 days, according to various share statistics. A total of 5.44M shares are outstanding, with a floating share count of 5.09M. Insiders hold about 18.78% of the company’s shares, while institutions hold 10.84% stake in the company. Shares short for LIDR as of Feb 29, 2024 were 238.97k with a Short Ratio of 0.59, compared to 357.98k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.81% and a Short% of Float of 4.30%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$1.2 for the current quarter, with a high estimate of -$1.2 and a low estimate of -$1.2, while EPS last year was -$3.3. The consensus estimate for the next quarter is -$1.5, with high estimates of -$1.5 and low estimates of -$1.5.
Analysts are recommending an EPS of between -$6.9 and -$6.9 for the fiscal current year, implying an average EPS of -$6.9. EPS for the following year is -$5.4, with 1 analysts recommending between -$5.4 and -$5.4.
Revenue Estimates
1 analysts predict $500k in revenue for the current quarter. It ranges from a high estimate of $500k to a low estimate of $500k. As of the current estimate, AEye Inc’s year-ago sales were $600k, an estimated decrease of -16.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $1.5M, an increase of 162.70% over than the figure of -$16.70% in the same quarter last year. There is a high estimate of $1.5M for the next quarter, whereas the lowest estimate is $1.5M.
A total of 1 analysts have provided revenue estimates for LIDR’s current fiscal year. The highest revenue estimate was $12M, while the lowest revenue estimate was $12M, resulting in an average revenue estimate of $12M. In the same quarter a year ago, actual revenue was $1.46M, up 719.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $76M in the next fiscal year. The high estimate is $76M and the low estimate is $76M. The average revenue growth estimate for next year is up 533.30% from the average revenue estimate for this year.
