Fisker Inc (NYSE: FSR) closed the day trading at $0.38 down -5.88% from the previous closing price of $0.40. In other words, the price has decreased by -$0.0235 from its previous closing price. On the day, 82354428 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
For a better understanding of FSR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 16.37 whereas as Long-Term Debt/Eq ratio is at 16.18.
TD Cowen Downgraded its Outperform to Market Perform on January 17, 2024, whereas the target price for the stock was revised from $11 to $1.
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 Mar 28 ’23 when Huhnke Burkhard J. sold 10,280 shares for $5.93 per share. The transaction valued at 60,960 led to the insider holds 25,493 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, FSR now has a Market Capitalization of 221.57M and an Enterprise Value of 1.20B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 4.41 whereas that against EBITDA is -1.62.
Stock Price History:
Over the past 52 weeks, FSR has reached a high of $7.22, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is 0.8652, while the 200-Day Moving Average is calculated to be 4.0167.
Shares Statistics:
Over the past 3-months, FSR traded about 50.17M shares per day on average, while over the past 10 days, FSR traded about 115.14M shares per day. A total of 535.17M shares are outstanding, with a floating share count of 393.50M. Insiders hold about 26.47% of the company’s shares, while institutions hold 18.57% stake in the company. Shares short for FSR as of Feb 15, 2024 were 102.98M with a Short Ratio of 2.05, compared to 106.07M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 19.24% and a Short% of Float of 25.82%.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.1, while EPS last year was -$0.38. The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.08 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.25 and -$0.44 for the fiscal current year, implying an average EPS of -$0.34. EPS for the following year is -$0.17, with 3 analysts recommending between $0.12 and -$0.41.
Revenue Estimates
4 analysts predict $312.23M in revenue for the current quarter. It ranges from a high estimate of $727M to a low estimate of $110.61M. As of the current estimate, Fisker Inc’s year-ago sales were $14.35M, an estimated increase of 2,075.80% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $360.37M, an increase of 43,581.20% over than the figure of $2,075.80% in the same quarter last year. There is a high estimate of $706M for the next quarter, whereas the lowest estimate is $223.68M.
A total of 6 analysts have provided revenue estimates for FSR’s current fiscal year. The highest revenue estimate was $2.89B, while the lowest revenue estimate was $940.8M, resulting in an average revenue estimate of $1.41B. In the same quarter a year ago, actual revenue was $272.89M, up 417.70% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $2.77B in the next fiscal year. The high estimate is $5.09B and the low estimate is $1.14B. The average revenue growth estimate for next year is up 96.00% from the average revenue estimate for this year.
