The closing price of Cadiz Inc. (NASDAQ: CDZI) was $2.45 for the day, down -6.49% from the previous closing price of $2.62. In other words, the price has decreased by -$0.1700 from its previous closing price. On the day, 1348136 shares were traded.
Ratios:
Our analysis of CDZI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.44 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.26.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 04 ’24 when Kennedy Susan P bought 6,762 shares for $2.81 per share. The transaction valued at 18,999 led to the insider holds 91,921 shares of the business.
Hickox Winston H bought 3,030 shares of CDZI for $9,999 on Sep 25 ’23. The Director now owns 176,685 shares after completing the transaction at $3.30 per share. On Sep 21 ’23, another insider, Kennedy Susan P, who serves as the Executive Director of the company, bought 15,822 shares for $3.17 each. As a result, the insider paid 50,156 and bolstered with 85,159 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, CDZI now has a Market Capitalization of 163.78M and an Enterprise Value of 210.86M. For the stock, the TTM Price-to-Sale (P/S) ratio is 86.94 while its Price-to-Book (P/B) ratio in mrq is 3.42. Its current Enterprise Value per Revenue stands at 112.10 whereas that against EBITDA is -8.71.
Stock Price History:
Over the past 52 weeks, CDZI has reached a high of $5.80, while it has fallen to a 52-week low of $2.45. The 50-Day Moving Average of the stock is 2.7722, while the 200-Day Moving Average is calculated to be 3.3675.
Shares Statistics:
CDZI traded an average of 212.54K shares per day over the past three months and 309.83k shares per day over the past ten days. A total of 55.82M shares are outstanding, with a floating share count of 39.83M. Insiders hold about 40.29% of the company’s shares, while institutions hold 37.10% stake in the company. Shares short for CDZI as of Feb 29, 2024 were 4.39M with a Short Ratio of 20.66, compared to 4.35M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.58% and a Short% of Float of 13.46%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.13. 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 $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
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 $340k to a low estimate of $340k. As of the current estimate, Cadiz Inc.’s year-ago sales were $185k, an estimated increase of 337.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $368k, a decrease of -38.60% less than the figure of $337.30% in the same quarter last year. There is a high estimate of $1.14M for the next quarter, whereas the lowest estimate is $1.14M.
A total of 1 analysts have provided revenue estimates for CDZI’s current fiscal year. The highest revenue estimate was $3.01M, while the lowest revenue estimate was $3.01M, resulting in an average revenue estimate of $3.01M. In the same quarter a year ago, actual revenue was $1.5M, up 100.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $5.26M in the next fiscal year. The high estimate is $5.26M and the low estimate is $5.26M. The average revenue growth estimate for next year is up 74.80% from the average revenue estimate for this year.
