The closing price of Agrify Corp (NASDAQ: AGFY) was $0.38 for the day, down -5.39% from the previous closing price of $0.41. In other words, the price has decreased by -$0.0219 from its previous closing price. On the day, 1180285 shares were traded.
Ratios:
Our analysis of AGFY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.51.
On November 01, 2021, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $32.
On July 23, 2021, Craig Hallum started tracking the stock assigning a Buy rating and target price of $25.Craig Hallum initiated its Buy rating on July 23, 2021, with a $25 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 28 ’24 when Chang Raymond Nobu bought 1,842,104 shares for $0.38 per share. The transaction valued at 700,000 led to the insider holds 3,295,998 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AGFY now has a Market Capitalization of 4.17M and an Enterprise Value of 26.87M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14. Its current Enterprise Value per Revenue stands at 1.35 whereas that against EBITDA is -1.75.
Stock Price History:
Over the past 52 weeks, AGFY has reached a high of $9.00, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is 0.6386, while the 200-Day Moving Average is calculated to be 1.9424.
Shares Statistics:
AGFY traded an average of 3.45M shares per day over the past three months and 1.07M shares per day over the past ten days. A total of 7.06M shares are outstanding, with a floating share count of 2.42M. Insiders hold about 65.76% of the company’s shares, while institutions hold 1.30% stake in the company. Shares short for AGFY as of Feb 29, 2024 were 613.57k with a Short Ratio of 0.18, compared to 357.97k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.98% and a Short% of Float of 6.05%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$108. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $12.64M to a low estimate of $12.64M. As of the current estimate, Agrify Corp’s year-ago sales were $25.27M, an estimated decrease of -50.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $14.05M, a decrease of -46.00% over than the figure of -$50.00% in the same quarter last year. There is a high estimate of $14.05M for the next quarter, whereas the lowest estimate is $14.05M.
A total of 1 analysts have provided revenue estimates for AGFY’s current fiscal year. The highest revenue estimate was $65.01M, while the lowest revenue estimate was $65.01M, resulting in an average revenue estimate of $65.01M. In the same quarter a year ago, actual revenue was $59.86M, up 8.60% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $78.37M in the next fiscal year. The high estimate is $78.37M and the low estimate is $78.37M. The average revenue growth estimate for next year is up 20.60% from the average revenue estimate for this year.
