The price of Zomedica Corp (AMEX: ZOM) closed at $0.13 in the last session, down -5.00% from day before closing price of $0.14. In other words, the price has decreased by -$0.0070 from its previous closing price. On the day, 3589140 shares were traded.
Ratios:
We take a closer look at ZOM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 101.82. For the most recent quarter (mrq), Quick Ratio is recorded 16.57 and its Current Ratio is at 17.12. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Dawson James on January 06, 2023, initiated with a Buy rating and assigned the stock a target price of $6.
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 Dec 15 ’23 when POWERS JOHNNY D bought 100,000 shares for $0.17 per share. The transaction valued at 16,500 led to the insider holds 1,950 shares of the business.
HEATON LARRY C II bought 100,000 shares of ZOM for $16,600 on Nov 17 ’23. The CEO now owns 200,000 shares after completing the transaction at $0.17 per share. On Nov 17 ’23, another insider, POWERS JOHNNY D, who serves as the Director of the company, bought 100,000 shares for $0.17 each. As a result, the insider paid 16,600 and bolstered with 1,850,000 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, ZOM now has a Market Capitalization of 137.19M and an Enterprise Value of 32.74M. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.43 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 1.36 whereas that against EBITDA is -2.74.
Stock Price History:
Over the past 52 weeks, ZOM has reached a high of $0.27, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 0.1501, while the 200-Day Moving Average is calculated to be 0.1775.
Shares Statistics:
According to the various share statistics, ZOM traded on average about 6.19M shares per day over the past 3-months and 7.25M shares per day over the past 10 days. A total of 979.95M shares are outstanding, with a floating share count of 964.36M. Insiders hold about 1.59% of the company’s shares, while institutions hold 8.88% stake in the company. Shares short for ZOM as of Feb 15, 2024 were 57.05M with a Short Ratio of 9.21, compared to 55.34M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.82% and a Short% of Float of 5.92%.
Earnings Estimates
The company has 0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.01. 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 -$0.02 and -$0.02 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is -$0.01, with 1 analysts recommending between -$0.01 and -$0.01.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $7M. It ranges from a high estimate of $7M to a low estimate of $7M. As of the current estimate, Zomedica Corp’s year-ago sales were $6.16M, an estimated increase of 13.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $8.18M, an increase of 49.20% over than the figure of $13.70% in the same quarter last year. There is a high estimate of $8.18M for the next quarter, whereas the lowest estimate is $8.18M.
A total of 1 analysts have provided revenue estimates for ZOM’s current fiscal year. The highest revenue estimate was $24.85M, while the lowest revenue estimate was $24.85M, resulting in an average revenue estimate of $24.85M. In the same quarter a year ago, actual revenue was $18.93M, up 31.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $34.1M in the next fiscal year. The high estimate is $34.1M and the low estimate is $34.1M. The average revenue growth estimate for next year is up 37.20% from the average revenue estimate for this year.
