The price of Ambarella Inc (NASDAQ: AMBA) closed at $57.16 in the last session, up 2.35% from day before closing price of $55.85. In other words, the price has increased by $+1.31 from its previous closing price. On the day, 563612 shares were traded.
Ratios:
We take a closer look at AMBA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 143.17. For the most recent quarter (mrq), Quick Ratio is recorded 3.03 and its Current Ratio is at 3.38. In the meantime, Its Debt-to-Equity ratio is 0.01 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 the company, Wells Fargo on January 03, 2024, Downgraded its rating to Equal Weight and sets its target price to $65 from $85 previously.
On September 18, 2023, Northland Capital started tracking the stock assigning a Outperform rating and target price of $70.
Needham reiterated its Buy rating for the stock on August 30, 2023, while the target price for the stock was revised from $100 to $90.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 26 when PAISLEY CHRISTOPHER B sold 500 shares for $63.14 per share. The transaction valued at 31,570 led to the insider holds 39,407 shares of the business.
WHITE BRIAN C sold 3,357 shares of AMBA for $211,625 on Dec 19. The CFO now owns 74,140 shares after completing the transaction at $63.04 per share. On Dec 19, another insider, Wang Feng-Ming, who serves as the CEO of the company, sold 3,093 shares for $63.04 each. As a result, the insider received 194,983 and left with 760,559 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, AMBA now has a Market Capitalization of 2.30B and an Enterprise Value of 2.09B. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.16 while its Price-to-Book (P/B) ratio in mrq is 3.89. Its current Enterprise Value per Revenue stands at 9.21 whereas that against EBITDA is -13.49.
Stock Price History:
Over the past 52 weeks, AMBA has reached a high of $91.19, while it has fallen to a 52-week low of $43.59. The 50-Day Moving Average of the stock is 56.54, while the 200-Day Moving Average is calculated to be 63.54.
Shares Statistics:
According to the various share statistics, AMBA traded on average about 608.55K shares per day over the past 3-months and 778.28k shares per day over the past 10 days. A total of 39.04M shares are outstanding, with a floating share count of 37.82M. Insiders hold about 6.03% of the company’s shares, while institutions hold 82.80% stake in the company. Shares short for AMBA as of Feb 15, 2024 were 3.1M with a Short Ratio of 5.09, compared to 2.34M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.69% and a Short% of Float of 8.11%.
Earnings Estimates
The company has 14 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.32 for the current quarter, with a high estimate of -$0.3 and a low estimate of -$0.36, while EPS last year was -$0.15. The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.2 and low estimates of -$0.32.
Analysts are recommending an EPS of between -$0.76 and -$1.03 for the fiscal current year, implying an average EPS of -$0.84. EPS for the following year is -$0.02, with 13 analysts recommending between $0.5 and -$0.49.
Revenue Estimates
A total of 15 analysts have provided revenue estimates for AMBA’s current fiscal year. The highest revenue estimate was $252.6M, while the lowest revenue estimate was $242.17M, resulting in an average revenue estimate of $250.12M. In the same quarter a year ago, actual revenue was $226.47M, up 10.40% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $323.4M in the next fiscal year. The high estimate is $375M and the low estimate is $285.4M. The average revenue growth estimate for next year is up 29.30% from the average revenue estimate for this year.
