The closing price of WM Technology Inc (NASDAQ: MAPS) was $0.90 for the day, down -4.18% from the previous closing price of $0.94. In other words, the price has decreased by -$0.0393 from its previous closing price. On the day, 789801 shares were traded.
Ratios:
Our analysis of MAPS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 1.74 whereas as Long-Term Debt/Eq ratio is at 1.40.
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, Truist on November 08, 2022, Downgraded its rating to Hold and sets its target price to $2 from $5 previously.
On August 10, 2022, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $10 to $3.20.
Piper Sandler Downgraded its Overweight to Neutral on August 10, 2022, whereas the target price for the stock was revised from $8 to $4.
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 16 when Camire Brian sold 44,189 shares for $0.94 per share. The transaction valued at 41,551 led to the insider holds 708,975 shares of the business.
Grazier Duncan sold 39,382 shares of MAPS for $37,031 on Feb 16. The CHIEF TECHNOLOGY OFFICER now owns 729,926 shares after completing the transaction at $0.94 per share. On Nov 16, another insider, Camire Brian, who serves as the General Counsel of the company, sold 46,261 shares for $0.88 each. As a result, the insider received 40,682 and left with 753,164 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, MAPS now has a Market Capitalization of 88.61M and an Enterprise Value of 95.59M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 4.24. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is -11.61.
Stock Price History:
Over the past 52 weeks, MAPS has reached a high of $1.88, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is 0.8712, while the 200-Day Moving Average is calculated to be 1.0250.
Shares Statistics:
MAPS traded an average of 508.79K shares per day over the past three months and 401.43k shares per day over the past ten days. A total of 92.06M shares are outstanding, with a floating share count of 72.84M. Insiders hold about 22.42% of the company’s shares, while institutions hold 30.56% stake in the company. Shares short for MAPS as of Feb 15, 2024 were 1.32M with a Short Ratio of 2.59, compared to 1.49M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.40% and a Short% of Float of 1.57%.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0.02 and a low estimate of -$0.05, while EPS last year was -$1.19. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.02 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.03 and -$0.08 for the fiscal current year, implying an average EPS of -$0.05. EPS for the following year is $0.03, with 3 analysts recommending between $0.14 and -$0.07.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $47.16M to a low estimate of $47M. As of the current estimate, WM Technology Inc’s year-ago sales were $49.28M, an estimated decrease of -4.60% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $48.11M, an increase of 2.30% over than the figure of -$4.60% in the same quarter last year. There is a high estimate of $51.42M for the next quarter, whereas the lowest estimate is $46.51M.
A total of 4 analysts have provided revenue estimates for MAPS’s current fiscal year. The highest revenue estimate was $193.74M, while the lowest revenue estimate was $193.6M, resulting in an average revenue estimate of $193.65M. In the same quarter a year ago, actual revenue was $215.53M, down -10.20% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $198.99M in the next fiscal year. The high estimate is $207.46M and the low estimate is $194M. The average revenue growth estimate for next year is up 2.80% from the average revenue estimate for this year.
