Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Neonode Inc (NASDAQ: NEON) closed at $23.47 in the last session, down -7.96% from day before closing price of $25.5. In other words, the price has decreased by -$7.96 from its previous closing price. On the day, 0.63 million shares were traded. NEON stock price reached its highest trading level at $25.53 during the session, while it also had its lowest trading level at $23.0.
Ratios:
We take a closer look at NEON’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.67 and its Current Ratio is at 7.67. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Ladenburg Thalmann on October 18, 2024, initiated with a Buy rating and assigned the stock a target price of $16.50.
On November 11, 2020, Craig Hallum started tracking the stock assigning a Buy rating and target price of $12.
Berenberg Downgraded its Buy to Hold on January 28, 2020, while the target price for the stock was maintained at $1.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEON now has a Market Capitalization of 393894656 and an Enterprise Value of 413516512. For the stock, the TTM Price-to-Sale (P/S) ratio is 114.84 while its Price-to-Book (P/B) ratio in mrq is 27.03. Its current Enterprise Value per Revenue stands at 147.316 whereas that against EBITDA is -62.787.
Stock Price History:
The Beta on a monthly basis for NEON is 0.78, which has changed by 9.572072 over the last 52 weeks, in comparison to a change of 0.11937654 over the same period for the S&P500. Over the past 52 weeks, NEON has reached a high of $25.85, while it has fallen to a 52-week low of $2.02. The 50-Day Moving Average of the stock is 78.12%, while the 200-Day Moving Average is calculated to be 146.48%.
Shares Statistics:
According to the various share statistics, NEON traded on average about 280.70K shares per day over the past 3-months and 613110 shares per day over the past 10 days. A total of 16.78M shares are outstanding, with a floating share count of 12.98M. Insiders hold about 22.63% of the company’s shares, while institutions hold 16.58% stake in the company. Shares short for NEON as of 1749772800 were 846539 with a Short Ratio of 3.02, compared to 1747267200 on 852084. Therefore, it implies a Short% of Shares Outstanding of 846539 and a Short% of Float of 6.460000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current assessment of Neonode Inc (NEON) involves the perspectives of 1 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.4 and -$0.4 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is -$0.36, with 1.0 analysts recommending between -$0.36 and -$0.36.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $647k. There is a high estimate of $647k for the next quarter, whereas the lowest estimate is $647k.
A total of 1 analysts have provided revenue estimates for NEON’s current fiscal year. The highest revenue estimate was $2.4M, while the lowest revenue estimate was $2.4M, resulting in an average revenue estimate of $2.4M. In the same quarter a year ago, actual revenue was $3.11MBased on 1 analysts’ estimates, the company’s revenue will be $3.34M in the next fiscal year. The high estimate is $3.34M and the low estimate is $3.34M.
