Real Good Food Company Inc (NASDAQ: RGF) closed the day trading at $0.45 down -7.04% from the previous closing price of $0.48. In other words, the price has decreased by -$0.0337 from its previous closing price. On the day, 593206 shares were traded.
Ratios:
For a better understanding of RGF, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 5.02 whereas as Long-Term Debt/Eq ratio is at 4.78.
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 01 ’24 when AWM Investment Company, Inc. sold 415,000 shares for $1.10 per share. The transaction valued at 456,500 led to the insider holds 1,941,859 shares of the business.
AWM Investment Company, Inc. sold 109,368 shares of RGF for $130,666 on Feb 29 ’24. The 10% Owner now owns 2,356,859 shares after completing the transaction at $1.19 per share. On Feb 28 ’24, another insider, AWM Investment Company, Inc., who serves as the 10% Owner of the company, sold 19,400 shares for $1.22 each. As a result, the insider received 23,669 and left with 2,466,227 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, RGF now has a Market Capitalization of 8.69M and an Enterprise Value of 152.22M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 0.97 whereas that against EBITDA is -4.64.
Stock Price History:
Over the past 52 weeks, RGF has reached a high of $5.21, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is 1.1605, while the 200-Day Moving Average is calculated to be 2.6170.
Shares Statistics:
Over the past 3-months, RGF traded about 268.14K shares per day on average, while over the past 10 days, RGF traded about 666.96k shares per day. A total of 11.45M shares are outstanding, with a floating share count of 11.06M. Insiders hold about 3.45% of the company’s shares, while institutions hold 105.89% stake in the company. Shares short for RGF as of Feb 29, 2024 were 168.54k with a Short Ratio of 0.63, compared to 125.31k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.86% and a Short% of Float of 1.00%.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.22, while EPS last year was -$0.79. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$1.59 and -$1.59 for the fiscal current year, implying an average EPS of -$1.59. EPS for the following year is -$0.41, with 2 analysts recommending between -$0.09 and -$0.74.
Revenue Estimates
3 analysts predict $65.09M in revenue for the current quarter. It ranges from a high estimate of $66M to a low estimate of $64.2M. As of the current estimate, Real Good Food Company Inc’s year-ago sales were $35.65M, an estimated increase of 82.60% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $42.43M, an increase of 62.40% less than the figure of $82.60% in the same quarter last year. There is a high estimate of $45.4M for the next quarter, whereas the lowest estimate is $39.47M.
A total of 3 analysts have provided revenue estimates for RGF’s current fiscal year. The highest revenue estimate was $186.7M, while the lowest revenue estimate was $185M, resulting in an average revenue estimate of $185.83M. In the same quarter a year ago, actual revenue was $141.59M, up 31.20% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $245.74M in the next fiscal year. The high estimate is $246.5M and the low estimate is $245M. The average revenue growth estimate for next year is up 32.20% from the average revenue estimate for this year.
