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Energous Corp (NASDAQ: WATT) closed the day trading at $0.38 down -8.96% from the previous closing price of $0.42. In other words, the price has decreased by -$8.96 from its previous closing price. On the day, 0.75 million shares were traded.
Ratios:
For a better understanding of WATT, let’s look at its different 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.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 26.82 while its Price-to-Book (P/B) ratio in mrq is 6.84.
Stock Price History:
Over the past 52 weeks, WATT has reached a high of $2.70, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -29.35%, while the 200-Day Moving Average is calculated to be -51.45%.
Shares Statistics:
A total of 30.18M shares are outstanding, with a floating share count of 29.96M. Insiders hold about 0.75% of the company’s shares, while institutions hold 1.37% stake in the company.
Earnings Estimates
The dynamic stock of Energous Corp (WATT) is currently attracting attention from 1.0 analysts actively involved in rating its market status.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
1 analysts predict $500k in revenue for the current 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.
