In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Joby Aviation Inc (NYSE: JOBY) closed the day trading at $6.76 down -3.15% from the previous closing price of $6.98. In other words, the price has decreased by -$3.15 from its previous closing price. On the day, 13.78 million shares were traded.
Ratios:
For a better understanding of JOBY, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 24 ’25 when Gregory Bowles bought 3,442 shares for $6.81 per share.
DeHoff Kate sold 6,903 shares of JOBY for $51,289 on Feb 13 ’25. The insider now owns 202,276 shares after completing the transaction at $7.43 per share. On Feb 13 ’25, another insider, Bevirt JoeBen, who serves as the CEO and Chief Architect of the company, sold 10,785 shares for $7.43 each. As a result, the insider received 80,133 and left with 793,036 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4659.44 while its Price-to-Book (P/B) ratio in mrq is 6.21.
Stock Price History:
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 -17.41%, while the 200-Day Moving Average is calculated to be 8.56%.
Shares Statistics:
A total of 717.09M shares are outstanding, with a floating share count of 419.79M. Insiders hold about 45.13% of the company’s shares, while institutions hold 33.11% stake in the company.
Earnings Estimates
The current assessment of Joby Aviation Inc (JOBY) involves the perspectives of 2.0 analysts closely monitoring its market dynamics.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 -$0.61 for the fiscal current year, implying an average EPS of -$0.61. EPS for the following year is -$0.69, 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.
