Finance of America Companies Inc (NYSE: FOA) closed the day trading at $0.74 up 5.47% from the previous closing price of $0.70. In other words, the price has increased by $+0.0381 from its previous closing price. On the day, 77455 shares were traded.
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Ratios:
For a better understanding of FOA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.05. In the meantime, Its Debt-to-Equity ratio is 114.63 whereas as Long-Term Debt/Eq ratio is at 104.79.
On October 11, 2021, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $5.
On August 19, 2021, Goldman started tracking the stock assigning a Neutral rating and target price of $5.50.Goldman initiated its Neutral rating on August 19, 2021, with a $5.50 target price.
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 31 ’23 when Blackstone Tactical Opportunit bought 10,869,566 shares for $1.38 per share. The transaction valued at 15,000,001 led to the insider holds 24,727,216 shares of the business.
Blackstone Holdings III L.P. bought 10,869,566 shares of FOA for $15,000,001 on Mar 31 ’23. The 10% Owner now owns 24,727,216 shares after completing the transaction at $1.38 per share. On Mar 31 ’23, another insider, BTO Urban Holdings L.L.C., who serves as the 10% Owner of the company, bought 10,869,566 shares for $1.38 each. As a result, the insider paid 15,000,001 and bolstered with 24,727,216 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FOA now has a Market Capitalization of 67.30M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 0.30.
Stock Price History:
Over the past 52 weeks, FOA has reached a high of $2.25, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is 0.8433, while the 200-Day Moving Average is calculated to be 1.2377.
Shares Statistics:
Over the past 3-months, FOA traded about 88.99K shares per day on average, while over the past 10 days, FOA traded about 110.54k shares per day. A total of 96.34M shares are outstanding, with a floating share count of 24.26M. Insiders hold about 74.87% of the company’s shares, while institutions hold 20.72% stake in the company. Shares short for FOA as of Mar 15, 2024 were 968.16k with a Short Ratio of 10.88, compared to 1.06M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.00% and a Short% of Float of 1.91%.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.04, while EPS last year was -$0.08. 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 $0.3 and $0.06 for the fiscal current year, implying an average EPS of $0.18. EPS for the following year is $0.31, with 2 analysts recommending between $0.33 and $0.29.
Revenue Estimates
2 analysts predict $61.97M in revenue for the current quarter. It ranges from a high estimate of $64.94M to a low estimate of $59M. As of the current estimate, Finance of America Companies Inc’s year-ago sales were $140.85M, an estimated decrease of -56.00% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $74.66M, a decrease of -166.70% less than the figure of -$56.00% in the same quarter last year. There is a high estimate of $78.32M for the next quarter, whereas the lowest estimate is $71M.
A total of 3 analysts have provided revenue estimates for FOA’s current fiscal year. The highest revenue estimate was $780.98M, while the lowest revenue estimate was $297M, resulting in an average revenue estimate of $472.43M. In the same quarter a year ago, actual revenue was $234.25M, up 101.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $428.39M in the next fiscal year. The high estimate is $472.78M and the low estimate is $384M. The average revenue growth estimate for next year is down -9.30% from the average revenue estimate for this year.
