In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) was $1.09 for the day, down -2.68% from the previous closing price of $1.12. In other words, the price has decreased by -$2.68 from its previous closing price. On the day, 2.11 million shares were traded. PSNY stock price reached its highest trading level at $1.13 during the session, while it also had its lowest trading level at $1.07.
Ratios:
Our analysis of PSNY’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On December 05, 2024, BofA Securities started tracking the stock assigning a Neutral rating and target price of $1.25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PSNY now has a Market Capitalization of 2310026240 and an Enterprise Value of 6637633536. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13. Its current Enterprise Value per Revenue stands at 3.263 whereas that against EBITDA is -3.755.
Stock Price History:
The Beta on a monthly basis for PSNY is 1.41, which has changed by 0.15221989 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, PSNY has reached a high of $1.94, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is 0.59%, while the 200-Day Moving Average is calculated to be -5.30%.
Shares Statistics:
PSNY traded an average of 3.81M shares per day over the past three months and 3353620 shares per day over the past ten days. A total of 2.06B shares are outstanding, with a floating share count of 2.06B. Insiders hold about 0.06% of the company’s shares, while institutions hold 3.50% stake in the company. Shares short for PSNY as of 1749772800 were 44143877 with a Short Ratio of 11.59, compared to 1747267200 on 42309874.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current rating of Polestar Automotive Holding UK PLC ADR (PSNY) reflects the combined expertise of 2 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.11 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.34 and -$0.5 for the fiscal current year, implying an average EPS of -$0.43. EPS for the following year is -$0.24, with 3.0 analysts recommending between -$0.2 and -$0.27.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $730.29M to a low estimate of $730.29M. As of the current estimate, Polestar Automotive Holding UK PLC ADR’s year-ago sales were $574.9MFor the next quarter, 1 analysts are estimating revenue of $837.31M. There is a high estimate of $837.31M for the next quarter, whereas the lowest estimate is $837.31M.
A total of 2 analysts have provided revenue estimates for PSNY’s current fiscal year. The highest revenue estimate was $3.19B, while the lowest revenue estimate was $3.13B, resulting in an average revenue estimate of $3.16B. In the same quarter a year ago, actual revenue was $2.03BBased on 2 analysts’ estimates, the company’s revenue will be $6.69B in the next fiscal year. The high estimate is $8.8B and the low estimate is $4.58B.
