After finishing at $3.26 in the prior trading day, Aterian Inc (NASDAQ: ATER) closed at $3.33, up 2.17%. In other words, the price has increased by $+0.0708 from its previous closing price. On the day, 540320 shares were traded.
Ratios:
Our goal is to gain a better understanding of ATER by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.34 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, Craig Hallum on January 30, 2023, initiated with a Buy rating and assigned the stock a target price of $3.
On August 10, 2021, ROTH Capital Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $5.50.
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 13 ’24 when Zahut Roi Zion sold 20,082 shares for $0.44 per share. The transaction valued at 8,836 led to the insider holds 1,301,840 shares of the business.
Harlam Bari A sold 51,742 shares of ATER for $16,040 on Dec 14 ’23. The Director now owns 306,395 shares after completing the transaction at $0.31 per share. On Dec 12 ’23, another insider, Zahut Roi Zion, who serves as the Chief Technology Officer of the company, sold 17,114 shares for $0.30 each. As a result, the insider received 5,134 and left with 1,321,922 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, ATER now has a Market Capitalization of 25.78M and an Enterprise Value of 17.90M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 0.13 whereas that against EBITDA is -0.26.
Stock Price History:
Over the past 52 weeks, ATER has reached a high of $11.40, while it has fallen to a 52-week low of $2.77. The 50-Day Moving Average of the stock is 4.4545, while the 200-Day Moving Average is calculated to be 4.5105.
Shares Statistics:
The stock has traded on average 59.45K shares per day over the past 3-months and 158.71k shares per day over the last 10 days, according to various share statistics. A total of 7.51M shares are outstanding, with a floating share count of 6.65M. Insiders hold about 13.30% of the company’s shares, while institutions hold 82.16% stake in the company. Shares short for ATER as of Feb 29, 2024 were 340.6k with a Short Ratio of 0.48, compared to 368.12k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.38% and a Short% of Float of 0.42%.
Earnings Estimates
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.11, while EPS last year was -$0.34. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.07 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.21 and -$0.34 for the fiscal current year, implying an average EPS of -$0.28. EPS for the following year is -$0.24, with 3 analysts recommending between -$0.15 and -$0.31.
Revenue Estimates
3 analysts predict $19.44M in revenue for the current quarter. It ranges from a high estimate of $20.2M to a low estimate of $18.95M. As of the current estimate, Aterian Inc’s year-ago sales were $34.88M, an estimated decrease of -44.30% from the year-ago figure.
A total of 3 analysts have provided revenue estimates for ATER’s current fiscal year. The highest revenue estimate was $97M, while the lowest revenue estimate was $88.66M, resulting in an average revenue estimate of $92.22M. In the same quarter a year ago, actual revenue was $142.57M, down -35.30% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $97.35M in the next fiscal year. The high estimate is $102.2M and the low estimate is $94.85M. The average revenue growth estimate for next year is up 5.60% from the average revenue estimate for this year.
