Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Energous Corp (NASDAQ: WATT) closed at $0.31 down -0.19% from its previous closing price of $0.31. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 0.72 million shares were traded. WATT stock price reached its highest trading level at $0.3468 during the session, while it also had its lowest trading level at $0.3003.
Ratios:
For a deeper understanding of Energous Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 0.00.
On April 05, 2024, Ladenburg Thalmann Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3.50 to $2.
Ladenburg Thalmann Upgraded its Neutral to Buy on May 01, 2019, while the target price for the stock was maintained at $6.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 03 ’24 when Patel Rahul G. sold 675 shares for $1.60 per share. The transaction valued at 1,080 led to the insider holds 3,659 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WATT now has a Market Capitalization of 2723777 and an Enterprise Value of -289296. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.31 while its Price-to-Book (P/B) ratio in mrq is 5.55. Its current Enterprise Value per Revenue stands at -0.781 whereas that against EBITDA is 0.015.
Stock Price History:
Over the past 52 weeks, WATT has reached a high of $2.75, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -39.05%, while the 200-Day Moving Average is calculated to be -70.03%.
Shares Statistics:
For the past three months, WATT has traded an average of 265.47K shares per day and 437590 over the past ten days. A total of 8.79M shares are outstanding, with a floating share count of 8.55M. Insiders hold about 2.64% of the company’s shares, while institutions hold 4.25% stake in the company. Shares short for WATT as of 1730332800 were 766358 with a Short Ratio of 2.90, compared to 1727654400 on 763195. Therefore, it implies a Short% of Shares Outstanding of 766358 and a Short% of Float of 11.2799995.
Earnings Estimates
The current assessment of Energous Corp (WATT) involves the perspectives of 1.0 analysts closely monitoring its market dynamics.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 -$3.15 and -$3.15 for the fiscal current year, implying an average EPS of -$3.15. EPS for the following year is -$2.56, with 1.0 analysts recommending between -$2.56 and -$2.56.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $500k this quarter.It ranges from a high estimate of $500k to a low estimate of $500k. As of the current estimate, Energous Corp’s year-ago sales were $91.67k
A total of 1 analysts have provided revenue estimates for WATT’s current fiscal year. The highest revenue estimate was $910k, while the lowest revenue estimate was $910k, resulting in an average revenue estimate of $910k. In the same quarter a year ago, actual revenue was $474.18kBased on 1 analysts’ estimates, the company’s revenue will be $8.5M in the next fiscal year. The high estimate is $8.5M and the low estimate is $8.5M.
