As of close of business last night, Allbirds Inc’s stock clocked out at $0.62, down -0.69% from its previous closing price of $0.63. On the day, 2357790 shares were traded.
Ratios:
To gain a deeper understanding of BIRD’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.18 and its Current Ratio is at 4.37. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.42.
On March 13, 2023, TD Cowen Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $4 to $1.50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 01 ’24 when Vernachio Joseph sold 23,935 shares for $0.91 per share. The transaction valued at 21,661 led to the insider holds 321,740 shares of the business.
Vernachio Joseph sold 17,341 shares of BIRD for $18,173 on Dec 04 ’23. The Chief Operating Officer now owns 345,675 shares after completing the transaction at $1.05 per share. On Nov 13 ’23, another insider, Mitchell Ann, who serves as the Chief Financial Officer of the company, bought 10,000 shares for $0.68 each. As a result, the insider paid 6,800 and bolstered with 844,101 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 0.52.
Stock Price History:
Over the past 52 weeks, BIRD has reached a high of $1.83, while it has fallen to a 52-week low of $0.60.
Shares Statistics:
A total of 102.58M shares are outstanding, with a floating share count of 96.81M. Insiders hold about 37.62% of the company’s shares, while institutions hold 25.74% stake in the company.
Earnings Estimates
As of right now, Allbirds, Inc. analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $36.03, with high estimates of $25.45 and low estimates of $43.03.
