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The price of Wolfspeed Inc (NYSE: WOLF) closed at $1.29 in the last session, down -4.44% from day before closing price of $1.35. In other words, the price has decreased by -$4.44 from its previous closing price. On the day, 9.43 million shares were traded.
Ratios:
We take a closer look at WOLF’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.90 and its Current Ratio is at 4.64. In the meantime, Its Debt-to-Equity ratio is 31.37 whereas as Long-Term Debt/Eq ratio is at 31.32.
On October 03, 2024, Mizuho Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $17 to $8.
TD Cowen reiterated its Hold rating for the stock on August 22, 2024, while the target price for the stock was revised from $25 to $15.
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 Apr 28 ’25 when Reynolds Neill sold 13,909 shares for $3.99 per share. The transaction valued at 55,497 led to the insider holds 195,257 shares of the business.
NEILL P REYNOLDS bought 13,909 shares of WOLF for $55,497 on Apr 28 ’25. On Nov 22 ’24, another insider, Dorchak Glenda, who serves as the Director of the company, bought 3,592 shares for $8.33 each. As a result, the insider paid 29,921 and bolstered with 18,688 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.94.
Stock Price History:
Over the past 52 weeks, WOLF has reached a high of $29.77, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -49.74%, while the 200-Day Moving Average is calculated to be -80.91%.
Shares Statistics:
A total of 155.62M shares are outstanding, with a floating share count of 154.00M. Insiders hold about 1.05% of the company’s shares, while institutions hold 90.98% stake in the company.
Earnings Estimates
A detailed examination of Wolfspeed Inc (WOLF) is currently in progress, with 8.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.65, with high estimates of -$0.41 and low estimates of -$0.96.
Analysts are recommending an EPS of between -$3.13 and -$3.91 for the fiscal current year, implying an average EPS of -$3.43. EPS for the following year is -$2.56, with 8.0 analysts recommending between -$1.9 and -$3.31.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $192.54M. It ranges from a high estimate of $195.6M to a low estimate of $185.35M. As of the current estimate, Wolfspeed Inc’s year-ago sales were $200.7MFor the next quarter, 6 analysts are estimating revenue of $195.83M. There is a high estimate of $202.46M for the next quarter, whereas the lowest estimate is $190.11M.
A total of 9 analysts have provided revenue estimates for WOLF’s current fiscal year. The highest revenue estimate was $756.2M, while the lowest revenue estimate was $745.95M, resulting in an average revenue estimate of $753.65M. In the same quarter a year ago, actual revenue was $807.2MBased on 9 analysts’ estimates, the company’s revenue will be $863.92M in the next fiscal year. The high estimate is $1.01B and the low estimate is $810M.
