Financial Analysis: AST SpaceMobile Inc (ASTS)’s Ratios Unveil Key Insights

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As of close of business last night, AST SpaceMobile Inc’s stock clocked out at $10.08, down -10.16% from its previous closing price of $11.22. In other words, the price has decreased by -$10.16 from its previous closing price. On the day, 10.2 million shares were traded. ASTS stock price reached its highest trading level at $11.0 during the session, while it also had its lowest trading level at $10.02.

Ratios:

To gain a deeper understanding of ASTS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.51 and its Current Ratio is at 7.51. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 1.05.

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, UBS on March 08, 2024, initiated with a Buy rating and assigned the stock a target price of $7.

On March 06, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $7.50.

On October 28, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $15.B. Riley Securities initiated its Buy rating on October 28, 2022, with a $15 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, ASTS now has a Market Capitalization of 2240864512 and an Enterprise Value of 1492740480. For the stock, the TTM Price-to-Sale (P/S) ratio is 2889.73 while its Price-to-Book (P/B) ratio in mrq is 8.46. Its current Enterprise Value per Revenue stands at 2985.481 whereas that against EBITDA is -9.287.

Stock Price History:

The Beta on a monthly basis for ASTS is 1.60, which has changed by 0.49777114 over the last 52 weeks, in comparison to a change of 0.26238096 over the same period for the S&P500. Over the past 52 weeks, ASTS has reached a high of $12.45, while it has fallen to a 52-week low of $1.97. The 50-Day Moving Average of the stock is 103.54%, while the 200-Day Moving Average is calculated to be 147.37%.

Shares Statistics:

It appears that ASTS traded 9.84M shares on average per day over the past three months and 11257350 shares per day over the past ten days. A total of 143.34M shares are outstanding, with a floating share count of 120.55M. Insiders hold about 15.90% of the company’s shares, while institutions hold 36.02% stake in the company. Shares short for ASTS as of 1715731200 were 31645635 with a Short Ratio of 2.98, compared to 1713139200 on 31528438. Therefore, it implies a Short% of Shares Outstanding of 31645635 and a Short% of Float of 23.45.

Earnings Estimates

Investors are keenly observing as 2.0 analysts analyze and rate the current performance of AST SpaceMobile Inc (ASTS) in the stock market.On average, analysts expect EPS of -$0.22 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.25, while EPS last year was -$0.24. The consensus estimate for the next quarter is -$0.21, with high estimates of -$0.19 and low estimates of -$0.23.

Analysts are recommending an EPS of between -$0.6 and -$0.87 for the fiscal current year, implying an average EPS of -$0.72. EPS for the following year is -$0.66, with 5.0 analysts recommending between -$0.24 and -$1.07.

Revenue Estimates

For the next quarter, 2 analysts are estimating revenue of $35M. There is a high estimate of $68M for the next quarter, whereas the lowest estimate is $2M.

Based on 4 analysts’ estimates, the company’s revenue will be $264.51M in the next fiscal year. The high estimate is $611.4M and the low estimate is $34M.

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