The price of Phunware Inc (NASDAQ: PHUN) closed at $10.42 in the last session, down -0.57% from day before closing price of $10.48. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 1122184 shares were traded.
Ratios:
We take a closer look at PHUN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 0.35.
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, ROTH Capital on May 11, 2021, initiated with a Buy rating and assigned the stock a target price of $2.50.
On June 16, 2020, Ascendiant Capital Markets started tracking the stock assigning a Buy rating and target price of $4.
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 Jan 17 ’24 when Snavely Michael sold 273 shares for $0.16 per share. The transaction valued at 44 led to the insider holds 1,177,136 shares of the business.
Manlunas Eric sold 25,188 shares of PHUN for $7,488 on Aug 31 ’23. The Director now owns 50,000 shares after completing the transaction at $0.30 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PHUN now has a Market Capitalization of 82.41M and an Enterprise Value of 88.43M. For the stock, the TTM Price-to-Sale (P/S) ratio is 127.30 while its Price-to-Book (P/B) ratio in mrq is 204.35. Its current Enterprise Value per Revenue stands at 5.60 whereas that against EBITDA is -2.29.
Stock Price History:
Over the past 52 weeks, PHUN has reached a high of $44.00, while it has fallen to a 52-week low of $3.50. The 50-Day Moving Average of the stock is 11.69, while the 200-Day Moving Average is calculated to be 14.14.
Shares Statistics:
According to the various share statistics, PHUN traded on average about 4.27M shares per day over the past 3-months and 11.5M shares per day over the past 10 days. A total of 193.03M shares are outstanding, with a floating share count of 189.39M. Insiders hold about 1.89% of the company’s shares, while institutions hold 0.45% stake in the company. Shares short for PHUN as of Feb 15, 2024 were 363.39k with a Short Ratio of 0.09, compared to 237.26k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.62% and a Short% of Float of 4.63%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$2 for the current quarter, with a high estimate of -$1 and a low estimate of -$2.5, while EPS last year was -$4.5. The consensus estimate for the next quarter is -$1, with high estimates of -$0.5 and low estimates of -$1.5.
Analysts are recommending an EPS of between -$13.5 and -$15.5 for the fiscal current year, implying an average EPS of -$14.87. EPS for the following year is -$4.62, with 4 analysts recommending between -$2.5 and -$8.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $2.1M. It ranges from a high estimate of $3.79M to a low estimate of $1.28M. As of the current estimate, Phunware Inc’s year-ago sales were $4.77M, an estimated decrease of -56.00% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $1.43M, a decrease of -69.90% less than the figure of -$56.00% in the same quarter last year. There is a high estimate of $1.7M for the next quarter, whereas the lowest estimate is $1.3M.
A total of 4 analysts have provided revenue estimates for PHUN’s current fiscal year. The highest revenue estimate was $14.82M, while the lowest revenue estimate was $12.31M, resulting in an average revenue estimate of $13.12M. In the same quarter a year ago, actual revenue was $21.79M, down -39.80% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $9.08M in the next fiscal year. The high estimate is $16.1M and the low estimate is $6.01M. The average revenue growth estimate for next year is down -30.80% from the average revenue estimate for this year.
