In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
The price of Joby Aviation Inc (NYSE: JOBY) closed at $8.67 in the last session, down -1.14% from day before closing price of $8.77. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 9.02 million shares were traded. JOBY stock price reached its highest trading level at $8.71 during the session, while it also had its lowest trading level at $8.4.
Ratios:
We take a closer look at JOBY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 16.12 and its Current Ratio is at 16.12. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 the company, JP Morgan on January 10, 2025, Downgraded its rating to Underweight and sets its target price to $6 from $5 previously.
On November 19, 2024, Needham started tracking the stock assigning a Buy rating and target price of $8.
On September 03, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $9.H.C. Wainwright initiated its Buy rating on September 03, 2024, with a $9 target price.
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 ’25 when Simi Bonny W sold 31,489 shares for $8.33 per share. The transaction valued at 262,303 led to the insider holds 137,097 shares of the business.
BONNY SIMI bought 31,489 shares of JOBY for $263,563 on Jan 17 ’25. On Jan 15 ’25, another insider, Novikov Sergey, who serves as the insider of the company, sold 212 shares for $8.35 each. As a result, the insider received 1,770 and left with 45,727 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, JOBY now has a Market Capitalization of 6633295872 and an Enterprise Value of 5959319552. For the stock, the TTM Price-to-Sale (P/S) ratio is 5975.94 while its Price-to-Book (P/B) ratio in mrq is 7.96. Its current Enterprise Value per Revenue stands at 5354.285 whereas that against EBITDA is -11.018.
Stock Price History:
The Beta on a monthly basis for JOBY is 2.33, which has changed by 0.5577265 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, JOBY has reached a high of $10.72, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is 9.87%, while the 200-Day Moving Average is calculated to be 46.40%.
Shares Statistics:
According to the various share statistics, JOBY traded on average about 20.19M shares per day over the past 3-months and 15628600 shares per day over the past 10 days. A total of 717.09M shares are outstanding, with a floating share count of 440.29M. Insiders hold about 42.45% of the company’s shares, while institutions hold 29.66% stake in the company. Shares short for JOBY as of 1735603200 were 66177294 with a Short Ratio of 3.28, compared to 1732838400 on 75898493. Therefore, it implies a Short% of Shares Outstanding of 66177294 and a Short% of Float of 14.45.
Earnings Estimates
The stock of Joby Aviation Inc (JOBY) is currently being evaluated by 2.0 analysts who are actively contributing to its market rating.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 -$0.61 and -$0.72 for the fiscal current year, implying an average EPS of -$0.66. EPS for the following year is -$0.7, with 3.0 analysts recommending between -$0.52 and -$0.84.
Revenue Estimates
Based on 8 analysts’ estimates, the company’s revenue will be $23.41M in the next fiscal year. The high estimate is $48.37M and the low estimate is $9M.
