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The closing price of Energous Corp (NASDAQ: WATT) was $0.29 for the day, up 2.25% from the previous closing price of $0.28. In other words, the price has increased by $2.25 from its previous closing price. On the day, 1.43 million shares were traded. WATT stock price reached its highest trading level at $0.3024 during the session, while it also had its lowest trading level at $0.287.
Ratios:
Our analysis of WATT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.77 and its Current Ratio is at 4.03. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.10.
On April 05, 2024, Ladenburg Thalmann Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3.50 to $2.
Ladenburg Thalmann Upgraded its Neutral to Buy on May 01, 2019, while the target price for the stock was maintained at $6.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WATT now has a Market Capitalization of 12722756 and an Enterprise Value of 374629920. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.42 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 189.59 whereas that against EBITDA is -30.803.
Stock Price History:
The Beta on a monthly basis for WATT is 0.67, which has changed by -0.6402469 over the last 52 weeks, in comparison to a change of 0.19554341 over the same period for the S&P500. Over the past 52 weeks, WATT has reached a high of $2.70, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -14.51%, while the 200-Day Moving Average is calculated to be -28.32%.
Shares Statistics:
WATT traded an average of 1.73M shares per day over the past three months and 53314 shares per day over the past ten days. A total of 43.66M shares are outstanding, with a floating share count of 43.32M. Insiders hold about 0.77% of the company’s shares, while institutions hold 1.50% stake in the company. Shares short for WATT as of 1752537600 were 85886 with a Short Ratio of 1.49, compared to 1749772800 on 39910. Therefore, it implies a Short% of Shares Outstanding of 85886 and a Short% of Float of 0.22.
Earnings Estimates
The consensus estimate for the next quarter is -$1.8, with high estimates of -$1.8 and low estimates of -$1.8.
Analysts are recommending an EPS of between -$7.8 and -$7.8 for the fiscal current year, implying an average EPS of -$7.8. EPS for the following year is -$3.3, with 1.0 analysts recommending between -$3.3 and -$3.3.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for WATT’s current fiscal year. The highest revenue estimate was $6.69M, while the lowest revenue estimate was $6.69M, resulting in an average revenue estimate of $6.69M. In the same quarter a year ago, actual revenue was $768kBased on 1 analysts’ estimates, the company’s revenue will be $18.5M in the next fiscal year. The high estimate is $18.5M and the low estimate is $18.5M.
