AMMO Inc (NASDAQ: POWW) closed the day trading at $2.55 down -3.04% from the previous closing price of $2.63. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 542261 shares were traded.
Ratios:
For a better understanding of POWW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.98. For the most recent quarter (mrq), Quick Ratio is recorded 2.99 and its Current Ratio is at 4.85. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, ROTH Capital on November 15, 2022, Downgraded its rating to Neutral and sets its target price to $3 from $6 previously.
On April 22, 2021, Lake Street started tracking the stock assigning a Buy rating and target price of $9.
On April 08, 2021, ROTH Capital started tracking the stock assigning a Buy rating and target price of $9.ROTH Capital initiated its Buy rating on April 08, 2021, with a $9 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’24 when WAGENHALS FRED W sold 221,138 shares for $2.43 per share. The transaction valued at 537,365 led to the insider holds 7,066,700 shares of the business.
WAGENHALS FRED W sold 30,590 shares of POWW for $73,416 on Mar 01 ’24. The EXECUTIVE CHAIR now owns 7,287,838 shares after completing the transaction at $2.40 per share. On Feb 29 ’24, another insider, WAGENHALS FRED W, who serves as the EXECUTIVE CHAIR of the company, sold 5,699 shares for $2.40 each. As a result, the insider received 13,678 and left with 7,318,428 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, POWW now has a Market Capitalization of 312.08M and an Enterprise Value of 270.84M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 1.83 whereas that against EBITDA is 87.77.
Stock Price History:
Over the past 52 weeks, POWW has reached a high of $3.15, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is 2.4640, while the 200-Day Moving Average is calculated to be 2.2492.
Shares Statistics:
Over the past 3-months, POWW traded about 585.53K shares per day on average, while over the past 10 days, POWW traded about 480.1k shares per day. A total of 118.29M shares are outstanding, with a floating share count of 88.91M. Insiders hold about 25.08% of the company’s shares, while institutions hold 26.56% stake in the company. Shares short for POWW as of Mar 15, 2024 were 2.94M with a Short Ratio of 4.79, compared to 2.94M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.47% and a Short% of Float of 3.30%.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.01, while EPS last year was -$0.03. The consensus estimate for the next quarter is -$0.01, with high estimates of $0 and low estimates of -$0.02.
Analysts are recommending an EPS of between -$0.09 and -$0.12 for the fiscal current year, implying an average EPS of -$0.1. EPS for the following year is $0.01, with 2 analysts recommending between $0.04 and -$0.01.
Revenue Estimates
2 analysts predict $37.9M in revenue for the current quarter. It ranges from a high estimate of $38.2M to a low estimate of $37.6M. As of the current estimate, AMMO Inc’s year-ago sales were $43.68M, an estimated decrease of -13.20% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $36.75M, a decrease of -5.60% over than the figure of -$13.20% in the same quarter last year. There is a high estimate of $37M for the next quarter, whereas the lowest estimate is $36.5M.
A total of 2 analysts have provided revenue estimates for POWW’s current fiscal year. The highest revenue estimate was $142.84M, while the lowest revenue estimate was $142.2M, resulting in an average revenue estimate of $142.52M. In the same quarter a year ago, actual revenue was $191.44M, down -25.60% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $157.66M in the next fiscal year. The high estimate is $159.62M and the low estimate is $155.7M. The average revenue growth estimate for next year is up 10.60% from the average revenue estimate for this year.
