As of close of business last night, IMAC Holdings Inc’s stock clocked out at $2.40, down -0.83% from its previous closing price of $2.42. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 744379 shares were traded.
Ratios:
To gain a deeper understanding of BACK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 0.76.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BACK now has a Market Capitalization of 2.69M and an Enterprise Value of 7.88M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32. Its current Enterprise Value per Revenue stands at 0.93 whereas that against EBITDA is -0.56.
Stock Price History:
Over the past 52 weeks, BACK has reached a high of $10.62, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is 1.7780, while the 200-Day Moving Average is calculated to be 2.3307.
Shares Statistics:
It appears that BACK traded 1.22M shares on average per day over the past three months and 4.67M shares per day over the past ten days. A total of 1.10M shares are outstanding, with a floating share count of 0.93M. Insiders hold about 18.39% of the company’s shares, while institutions hold 5.80% stake in the company. Shares short for BACK as of Feb 29, 2024 were 58.17k with a Short Ratio of 0.05, compared to 53.56k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.11% and a Short% of Float of 5.60%.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.73 for the current quarter, with a high estimate of -$0.73 and a low estimate of -$0.73, while EPS last year was -$6.9. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$7.98 and -$7.98 for the fiscal current year, implying an average EPS of -$7.98. EPS for the following year is -$2.4, with 1 analysts recommending between -$2.4 and -$2.4.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $1M. It ranges from a high estimate of $1M to a low estimate of $1M. As of the current estimate, IMAC Holdings Inc’s year-ago sales were $3.47M, an estimated decrease of -71.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $1M, a decrease of -52.20% over than the figure of -$71.20% in the same quarter last year. There is a high estimate of $1M for the next quarter, whereas the lowest estimate is $1M.
A total of 1 analysts have provided revenue estimates for BACK’s current fiscal year. The highest revenue estimate was $6M, while the lowest revenue estimate was $6M, resulting in an average revenue estimate of $6M. In the same quarter a year ago, actual revenue was $16.19M, down -62.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $4.2M in the next fiscal year. The high estimate is $4.2M and the low estimate is $4.2M. The average revenue growth estimate for next year is down -30.00% from the average revenue estimate for this year.
