Analyzing Sphere 3D Corp (ANY)’s quick and current ratios

Sphere 3D Corp (NASDAQ: ANY) closed the day trading at $1.86 down -7.92% from the previous closing price of $2.02. In other words, the price has decreased by -$0.1600 from its previous closing price. On the day, 1397749 shares were traded. ANY stock price reached its highest trading level at $2.0200 during the session, while it also had its lowest trading level at $1.8200.

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Ratios:

For a better understanding of ANY, 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 21.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.96. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 this company, Ladenburg Thalmann on January 19, 2016, initiated with a Buy rating and assigned the stock a target price of $3.

On June 24, 2015, ROTH Capital started tracking the stock assigning a Buy rating and target price of $8.

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 Dec 06 when Kalbfleisch Kurt L. sold 10,070 shares for $1.55 per share. The transaction valued at 15,637 led to the insider holds 67,939 shares of the business.

O’Daniel Joseph sold 21,429 shares of ANY for $33,410 on Dec 05. The President now owns 1,517 shares after completing the transaction at $1.56 per share. On Dec 01, another insider, Kalbfleisch Kurt L., who serves as the SVP and CFO of the company, sold 38,617 shares for $0.91 each. As a result, the insider received 35,215 and left with 78,089 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, ANY now has a Market Capitalization of 29.07M and an Enterprise Value of 29.61M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.89 whereas that against EBITDA is -0.25.

Stock Price History:

Over the past 52 weeks, ANY has reached a high of $4.09, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 2.3655, while the 200-Day Moving Average is calculated to be 1.8435.

Shares Statistics:

Over the past 3-months, ANY traded about 2.68M shares per day on average, while over the past 10 days, ANY traded about 1.16M shares per day. A total of 14.36M shares are outstanding, with a floating share count of 13.52M. Insiders hold about 5.82% of the company’s shares, while institutions hold 5.43% stake in the company. Shares short for ANY as of Feb 15, 2024 were 794.14k with a Short Ratio of 0.30, compared to 1.09M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.53% and a Short% of Float of 5.57%.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. 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 -$1.56 and -$1.56 for the fiscal current year, implying an average EPS of -$1.56. EPS for the following year is -$1.69, with 1 analysts recommending between -$1.69 and -$1.69.

Revenue Estimates

1 analysts predict $7.7M in revenue for the current quarter. It ranges from a high estimate of $7.7M to a low estimate of $7.7M. As of the current estimate, Sphere 3D Corp’s year-ago sales were $1.43M, an estimated increase of 439.20% from the year-ago figure.

A total of 1 analysts have provided revenue estimates for ANY’s current fiscal year. The highest revenue estimate was $22M, while the lowest revenue estimate was $22M, resulting in an average revenue estimate of $22M. In the same quarter a year ago, actual revenue was $6.08M, up 262.00% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $24.6M in the next fiscal year. The high estimate is $24.6M and the low estimate is $24.6M. The average revenue growth estimate for next year is up 11.80% from the average revenue estimate for this year.

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