In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of 908 Devices Inc (NASDAQ: MASS) was $3.01 for the day, down -10.68% from the previous closing price of $3.37. In other words, the price has decreased by -$10.68 from its previous closing price. On the day, 3.99 million shares were traded.
Ratios:
Our analysis of MASS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, Leerink Partners on November 13, 2024, Downgraded its rating to Market Perform and sets its target price to $4 from $12 previously.
On February 07, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $14.
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 Feb 03 ’25 when Griffith Joseph H. IV sold 10,236 shares for $2.34 per share. The transaction valued at 23,985 led to the insider holds 109,870 shares of the business.
Turner Michael S. sold 9,672 shares of MASS for $22,499 on Feb 03 ’25. The Chief Legal & Admin Officer now owns 24,603 shares after completing the transaction at $2.33 per share. On Feb 03 ’25, another insider, Knopp Kevin J., who serves as the President and CEO of the company, sold 16,001 shares for $2.32 each. As a result, the insider received 37,109 and left with 692,733 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 0.80.
Stock Price History:
Over the past 52 weeks, MASS has reached a high of $7.56, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 21.92%, while the 200-Day Moving Average is calculated to be -19.73%.
Shares Statistics:
A total of 34.82M shares are outstanding, with a floating share count of 25.37M. Insiders hold about 27.15% of the company’s shares, while institutions hold 44.78% stake in the company.
Earnings Estimates
The stock of 908 Devices Inc (MASS) is currently in the spotlight, with 1.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.47 and -$0.47 for the fiscal current year, implying an average EPS of -$0.47. EPS for the following year is -$0.23, with 1.0 analysts recommending between -$0.23 and -$0.23.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $12M to a low estimate of $8.6M. As of the current estimate, 908 Devices Inc’s year-ago sales were $9.99MFor the next quarter, 3 analysts are estimating revenue of $12.25M. There is a high estimate of $13M for the next quarter, whereas the lowest estimate is $11.55M.
A total of 3 analysts have provided revenue estimates for MASS’s current fiscal year. The highest revenue estimate was $56M, while the lowest revenue estimate was $54.61M, resulting in an average revenue estimate of $55.54M. In the same quarter a year ago, actual revenue was $59.63MBased on 4 analysts’ estimates, the company’s revenue will be $69.54M in the next fiscal year. The high estimate is $80.88M and the low estimate is $63.59M.
