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The price of Matterport Inc (NASDAQ: MTTR) closed at $4.39 in the last session, down -3.09% from day before closing price of $4.53. In other words, the price has decreased by -$3.09 from its previous closing price. On the day, 2.81 million shares were traded. MTTR stock price reached its highest trading level at $4.47 during the session, while it also had its lowest trading level at $4.35.
Ratios:
We take a closer look at MTTR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.67 and its Current Ratio is at 2.73. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 this company, Northland Capital on April 11, 2024, initiated with a Outperform rating and assigned the stock a target price of $3.50.
Piper Sandler Downgraded its Overweight to Neutral on October 23, 2023, whereas the target price for the stock was revised from $4 to $2.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 03 ’24 when Remley Jay bought 86,341 shares for $4.53 per share.
Zinn Matthew bought 88,665 shares of MTTR for $401,652 on Sep 03 ’24. On Sep 03 ’24, another insider, Tulsi Japjit, who serves as the Officer of the company, bought 89,289 shares for $4.53 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTTR now has a Market Capitalization of 1445662080 and an Enterprise Value of 1037668608. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.63 while its Price-to-Book (P/B) ratio in mrq is 3.39. Its current Enterprise Value per Revenue stands at 6.395 whereas that against EBITDA is -6.019.
Stock Price History:
Over the past 52 weeks, MTTR has reached a high of $4.99, while it has fallen to a 52-week low of $1.73. The 50-Day Moving Average of the stock is 2.09%, while the 200-Day Moving Average is calculated to be 35.67%.
Shares Statistics:
According to the various share statistics, MTTR traded on average about 2.01M shares per day over the past 3-months and 1286060 shares per day over the past 10 days. A total of 310.06M shares are outstanding, with a floating share count of 272.71M. Insiders hold about 14.54% of the company’s shares, while institutions hold 45.06% stake in the company. Shares short for MTTR as of 1723680000 were 4494008 with a Short Ratio of 2.24, compared to 1721001600 on 5031659. Therefore, it implies a Short% of Shares Outstanding of 4494008 and a Short% of Float of 1.5800001000000001.
Earnings Estimates
The current rating of Matterport Inc (MTTR) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between -$0.05 and -$0.05 for the fiscal current year, implying an average EPS of -$0.05. EPS for the following year is $0.02, with 1.0 analysts recommending between $0.02 and $0.02.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $45.04M. There is a high estimate of $47.22M for the next quarter, whereas the lowest estimate is $43.1M.
A total of 3 analysts have provided revenue estimates for MTTR’s current fiscal year. The highest revenue estimate was $174.6M, while the lowest revenue estimate was $169.1M, resulting in an average revenue estimate of $172.67M. In the same quarter a year ago, actual revenue was $157.75MBased on 4 analysts’ estimates, the company’s revenue will be $195.79M in the next fiscal year. The high estimate is $200.49M and the low estimate is $189M.
