Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $11.37 in the prior trading day, CION Invt Corp (NYSE: CION) closed at $10.98, down -3.43%. In other words, the price has decreased by -$3.43 from its previous closing price. On the day, 0.88 million shares were traded. CION stock price reached its highest trading level at $11.24 during the session, while it also had its lowest trading level at $10.7546.
Ratios:
Our goal is to gain a better understanding of CION by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.20 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.34.
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 the company, Wells Fargo on March 17, 2025, Downgraded its rating to Underweight and sets its target price to $10 from $11 previously.
On June 20, 2023, Hovde Group started tracking the stock assigning a Market Perform rating and target price of $11.50.
Wells Fargo Downgraded its Overweight to Equal Weight on April 18, 2023, whereas the target price for the stock was revised from $10.50 to $9.25.
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 Nov 21 ’24 when Reisner Michael A bought 437 shares for $11.44 per share. The transaction valued at 4,999 led to the insider holds 44,997 shares of the business.
ROMAN STEPHEN bought 435 shares of CION for $5,016 on Nov 21 ’24. The CCO & Secretary now owns 11,020 shares after completing the transaction at $11.53 per share. On Nov 15 ’24, another insider, Breakstone Robert A, who serves as the Director of the company, bought 1,000 shares for $11.34 each. As a result, the insider paid 11,340 and bolstered with 13,238 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, CION now has a Market Capitalization of 584018496 and an Enterprise Value of 1673750144. As of this moment, CION’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.43, and their Forward P/E ratio for the next fiscal year is 8.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 6.63.
Stock Price History:
The Beta on a monthly basis for CION is 1.09, which has changed by 0.022346377 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, CION has reached a high of $12.71, while it has fallen to a 52-week low of $10.43. The 50-Day Moving Average of the stock is -6.62%, while the 200-Day Moving Average is calculated to be -7.21%.
Shares Statistics:
The stock has traded on average 299.30K shares per day over the past 3-months and 424770 shares per day over the last 10 days, according to various share statistics. A total of 53.03M shares are outstanding, with a floating share count of 52.75M. Insiders hold about 0.40% of the company’s shares, while institutions hold 36.00% stake in the company. Shares short for CION as of 1740700800 were 232432 with a Short Ratio of 0.78, compared to 1738281600 on 240039. Therefore, it implies a Short% of Shares Outstanding of 232432 and a Short% of Float of 0.44.
Dividends & Splits
In the trailing 12 months, CION’s forward annual dividend rate was 0.0, compared to 1.41 this year. Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current rating of CION Invt Corp (CION) reflects the combined expertise of 3.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.35, with high estimates of $0.37 and low estimates of $0.33.
Analysts are recommending an EPS of between $1.46 and $1.3 for the fiscal current year, implying an average EPS of $1.39. EPS for the following year is $1.26, with 2.0 analysts recommending between $1.38 and $1.15.
Revenue Estimates
3 analysts predict $54.15M in revenue for the current quarter. It ranges from a high estimate of $57.69M to a low estimate of $52M. As of the current estimate, CION Invt Corp’s year-ago sales were $73.55MFor the next quarter, 3 analysts are estimating revenue of $54.16M. There is a high estimate of $57.29M for the next quarter, whereas the lowest estimate is $52.19M.
A total of 3 analysts have provided revenue estimates for CION’s current fiscal year. The highest revenue estimate was $228.88M, while the lowest revenue estimate was $206.15M, resulting in an average revenue estimate of $215.68M. In the same quarter a year ago, actual revenue was $252.43MBased on 2 analysts’ estimates, the company’s revenue will be $210.45M in the next fiscal year. The high estimate is $224.7M and the low estimate is $196.21M.
