The price of Loop Media Inc (AMEX: LPTV) closed at $0.33 in the last session, up 4.43% from day before closing price of $0.32. On the day, 1963015 shares were traded.
Ratios:
We take a closer look at LPTV’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 0.64.
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, B. Riley Securities on June 09, 2023, initiated with a Buy rating and assigned the stock a target price of $5.
On October 17, 2022, ROTH Capital started tracking the stock assigning a Buy rating and target price of $6.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LPTV now has a Market Capitalization of 23.38M and an Enterprise Value of 26.68M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87. Its current Enterprise Value per Revenue stands at 0.99 whereas that against EBITDA is -1.00.
Stock Price History:
Over the past 52 weeks, LPTV has reached a high of $5.69, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 0.5488, while the 200-Day Moving Average is calculated to be 1.0236.
Shares Statistics:
According to the various share statistics, LPTV traded on average about 118.80K shares per day over the past 3-months and 179.73k shares per day over the past 10 days. A total of 65.62M shares are outstanding, with a floating share count of 30.69M. Insiders hold about 56.69% of the company’s shares, while institutions hold 10.59% stake in the company. Shares short for LPTV as of Mar 15, 2024 were 1.64M with a Short Ratio of 13.84, compared to 1.52M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.32% and a Short% of Float of 3.36%.
Earnings Estimates
The company has 3 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.1 and a low estimate of -$0.1, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.34 and -$0.35 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is -$0.26, with 2 analysts recommending between -$0.26 and -$0.26.
Revenue Estimates
A total of 3 analysts have provided revenue estimates for LPTV’s current fiscal year. The highest revenue estimate was $36.13M, while the lowest revenue estimate was $35.9M, resulting in an average revenue estimate of $36.01M. In the same quarter a year ago, actual revenue was $31.64M, up 13.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $49.57M in the next fiscal year. The high estimate is $49.6M and the low estimate is $49.54M. The average revenue growth estimate for next year is up 37.70% from the average revenue estimate for this year.
