The closing price of Allbirds Inc. (NASDAQ: BIRD) was $1.34 for the day, down -2.90% from the previous closing price of $1.38. In other words, the price has decreased by -$0.0400 from its previous closing price. On the day, 1086099 shares were traded.
Our analysis of BIRD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.80 and its Current Ratio is at 6.30. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
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 Jun 02 when Vernachio Joseph sold 5,132 shares for $1.28 per share. The transaction valued at 6,569 led to the insider holds 368,806 shares of the business.
LEVITAN DAN bought 1,304 shares of BIRD for $1,526 on May 22. The Director now owns 130,487 shares after completing the transaction at $1.17 per share. On May 19, another insider, LEVITAN DAN, who serves as the Director of the company, bought 11,600 shares for $1.19 each. As a result, the insider paid 13,804 and bolstered with 129,183 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, BIRD now has a Market Capitalization of 201.64M and an Enterprise Value of 168.50M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 0.58 whereas that against EBITDA is -1.82.
Stock Price History:
Over the past 52 weeks, BIRD has reached a high of $5.74, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 1.3395, while the 200-Day Moving Average is calculated to be 2.0085.
BIRD traded an average of 1.46M shares per day over the past three months and 921.8k shares per day over the past ten days. A total of 150.08M shares are outstanding, with a floating share count of 93.60M. Insiders hold about 0.60% of the company’s shares, while institutions hold 52.60% stake in the company. Shares short for BIRD as of Jul 13, 2023 were 4.88M with a Short Ratio of 4.88M, compared to 6.13M on Jun 14, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.25% and a Short% of Float of 5.01%.
The firm’s stock currently is rated by 9 analysts. On average, analysts expect EPS of -$0.22 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.27, while EPS last year was -$0.12. The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.17 and low estimates of -$0.26.
Analysts are recommending an EPS of between -$0.74 and -$0.97 for the fiscal current year, implying an average EPS of -$0.81. EPS for the following year is -$0.55, with 9 analysts recommending between -$0.34 and -$0.75.
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $68M to a low estimate of $65M. As of the current estimate, Allbirds Inc.’s year-ago sales were $78.17M, an estimated decrease of -14.50% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $61.62M, a decrease of -9.10% over than the figure of -$14.50% in the same quarter last year. There is a high estimate of $69M for the next quarter, whereas the lowest estimate is $52M.
A total of 12 analysts have provided revenue estimates for BIRD’s current fiscal year. The highest revenue estimate was $282.56M, while the lowest revenue estimate was $246.6M, resulting in an average revenue estimate of $265.15M. In the same quarter a year ago, actual revenue was $297.77M, down -11.00% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $281.99M in the next fiscal year. The high estimate is $321.7M and the low estimate is $237M. The average revenue growth estimate for next year is up 6.40% from the average revenue estimate for this year.