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After finishing at $13.95 in the prior trading day, Opera Ltd ADR (NASDAQ: OPRA) closed at $14.49, up 3.87%. In other words, the price has increased by $3.87 from its previous closing price. On the day, 0.6 million shares were traded. OPRA stock price reached its highest trading level at $14.56 during the session, while it also had its lowest trading level at $14.0.
Ratios:
Our goal is to gain a better understanding of OPRA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.69 and its Current Ratio is at 2.56. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On December 13, 2023, Goldman started tracking the stock assigning a Buy rating and target price of $16.50.
On May 21, 2020, Cowen started tracking the stock assigning a Outperform rating and target price of $10.Cowen initiated its Outperform rating on May 21, 2020, with a $10 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPRA now has a Market Capitalization of 1268140160 and an Enterprise Value of 2452962816. As of this moment, Opera’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.61, and their Forward P/E ratio for the next fiscal year is 11.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.19 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 6.181 whereas that against EBITDA is 31.677.
Stock Price History:
The Beta on a monthly basis for OPRA is 0.77, which has changed by 0.288 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, OPRA has reached a high of $28.58, while it has fallen to a 52-week low of $9.40. The 50-Day Moving Average of the stock is 3.46%, while the 200-Day Moving Average is calculated to be 5.33%.
Shares Statistics:
The stock has traded on average 1.02M shares per day over the past 3-months and 864180 shares per day over the last 10 days, according to various share statistics. Shares short for OPRA as of 1711584000 were 3586942 with a Short Ratio of 3.53, compared to 1709164800 on 3961594. Therefore, it implies a Short% of Shares Outstanding of 3586942 and a Short% of Float of 89.489996.
Dividends & Splits
In the trailing 12 months, OPRA’s forward annual dividend rate was 0.8, compared to 0.80 this year.
Earnings Estimates
A comprehensive evaluation of Opera Ltd ADR (OPRA) is underway, with the input of 2 analysts contributing to its current rating.On average, analysts expect EPS of $0.24 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.24, while EPS last year was $0.27. The consensus estimate for the next quarter is $0.23, with high estimates of $0.24 and low estimates of $0.23.
Analysts are recommending an EPS of between $1.17 and $0.91 for the fiscal current year, implying an average EPS of $1.02. EPS for the following year is $1.25, with 4 analysts recommending between $1.39 and $1.14.
Revenue Estimates
4 analysts predict $100.13M in revenue for the current quarter. It ranges from a high estimate of $100.7M to a low estimate of $99.52M. As of the current estimate, Opera Ltd ADR’s year-ago sales were $87.13M, an estimated increase of 14.90% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $107.74M, an increase of 14.50% less than the figure of $14.90% in the same quarter last year. There is a high estimate of $108.84M for the next quarter, whereas the lowest estimate is $107M.
A total of 6 analysts have provided revenue estimates for OPRA’s current fiscal year. The highest revenue estimate was $460.7M, while the lowest revenue estimate was $454.4M, resulting in an average revenue estimate of $457.43M. In the same quarter a year ago, actual revenue was $396.83M, up 15.30% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $520.96M in the next fiscal year. The high estimate is $528.45M and the low estimate is $513.2M. The average revenue growth estimate for next year is up 13.90% from the average revenue estimate for this year.
