Daily Progress: Opera Ltd ADR (OPRA) Drop -3.06, Closing at 13.60

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In the latest session, Opera Ltd ADR (NASDAQ: OPRA) closed at $13.60 down -3.06% from its previous closing price of $14.03. In other words, the price has decreased by -$3.06 from its previous closing price. On the day, 0.54 million shares were traded. OPRA stock price reached its highest trading level at $14.3 during the session, while it also had its lowest trading level at $13.51.

Ratios:

For a deeper understanding of Opera Ltd ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 2.10. 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 1202974464 and an Enterprise Value of 2325332480. As of this moment, Opera’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.16, and their Forward P/E ratio for the next fiscal year is 14.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.92 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 5.649 whereas that against EBITDA is 31.209.

Stock Price History:

The Beta on a monthly basis for OPRA is 0.92, which has changed by 0.008154154 over the last 52 weeks, in comparison to a change of 0.2644323 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 $10.30. The 50-Day Moving Average of the stock is -7.57%, while the 200-Day Moving Average is calculated to be 3.87%.

Shares Statistics:

For the past three months, OPRA has traded an average of 1.04M shares per day and 545210 over the past ten days. Shares short for OPRA as of 1714435200 were 3740889 with a Short Ratio of 3.59, compared to 1711584000 on 3586942. Therefore, it implies a Short% of Shares Outstanding of 3740889 and a Short% of Float of 15.299999999999999.

Dividends & Splits

According to the company, the forward annual dividend rate for OPRA is 0.80, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.05702067

Earnings Estimates

A comprehensive evaluation of Opera Ltd ADR (OPRA) is underway, with the input of 2.0 analysts contributing to its current rating.On average, analysts expect EPS of $0.22 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.22, while EPS last year was $0.19. The consensus estimate for the next quarter is $0.25, with high estimates of $0.26 and low estimates of $0.25.

Analysts are recommending an EPS of between $1.01 and $0.88 for the fiscal current year, implying an average EPS of $0.94. EPS for the following year is $1.16, with 4.0 analysts recommending between $1.24 and $1.05.

Revenue Estimates

A total of 4 analysts believe the company’s revenue will be $108.54M this quarter.It ranges from a high estimate of $108.8M to a low estimate of $108.38M. As of the current estimate, Opera Ltd ADR’s year-ago sales were $94.13MFor the next quarter, 4 analysts are estimating revenue of $118.66M. There is a high estimate of $121.4M for the next quarter, whereas the lowest estimate is $117.4M.

A total of 6 analysts have provided revenue estimates for OPRA’s current fiscal year. The highest revenue estimate was $465.9M, while the lowest revenue estimate was $454.96M, resulting in an average revenue estimate of $459.8M. In the same quarter a year ago, actual revenue was $396.83MBased on 6 analysts’ estimates, the company’s revenue will be $525.34M in the next fiscal year. The high estimate is $529.05M and the low estimate is $519.25M.

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