In the latest session, AEye Inc. (NASDAQ: LIDR) closed at $0.22 down -8.33% from its previous closing price of $0.24. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 2013720 shares were traded.
For a deeper understanding of AEye Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.30 and its Current Ratio is at 4.70. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
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.
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 14 when HSIEH Wen Hsuan sold 643,289 shares for $0.31 per share. The transaction valued at 200,578 led to the insider holds 15,657,408 shares of the business.
Dussan Luis bought 4,621 shares of LIDR for $1,014 on May 31. The CTO and Chief Prdct Strategist now owns 1,142,215 shares after completing the transaction at $0.22 per share. On May 25, another insider, Dussan Luis, who serves as the CTO and Chief Prdct Strategist of the company, bought 5,236 shares for $0.19 each. As a result, the insider paid 1,010 and bolstered with 1,137,594 shares of the company.
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 40.66M and an Enterprise Value of -465.07k. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.32 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at -0.15 whereas that against EBITDA is 0.01.
Stock Price History:
Over the past 52 weeks, LIDR has reached a high of $1.46, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is 0.2851, while the 200-Day Moving Average is calculated to be 0.4046.
For the past three months, LIDR has traded an average of 5.25M shares per day and 1.01M over the past ten days. A total of 175.68M shares are outstanding, with a floating share count of 155.12M. Insiders hold about 4.60% of the company’s shares, while institutions hold 41.10% stake in the company. Shares short for LIDR as of Aug 30, 2023 were 5.05M with a Short Ratio of 5.05M, compared to 4.63M on Jul 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.73% and a Short% of Float of 3.06%.
There are 1 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.06, while EPS last year was -$0.15. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.07 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.31 and -$0.31 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.32, with 1 analysts recommending between -$0.32 and -$0.32.
A total of 1 analysts believe the company’s revenue will be $600k this quarter.It ranges from a high estimate of $600k to a low estimate of $600k. As of the current estimate, AEye Inc.’s year-ago sales were $767k, an estimated decrease of -21.80% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $2M, an increase of 83.20% over than the figure of -$21.80% in the same quarter last year. There is a high estimate of $2M for the next quarter, whereas the lowest estimate is $2M.
A total of 1 analysts have provided revenue estimates for LIDR’s current fiscal year. The highest revenue estimate was $3.8M, while the lowest revenue estimate was $3.8M, resulting in an average revenue estimate of $3.8M. In the same quarter a year ago, actual revenue was $3.65M, up 4.20% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $28M in the next fiscal year. The high estimate is $28M and the low estimate is $28M. The average revenue growth estimate for next year is up 636.80% from the average revenue estimate for this year.