Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Archer Aviation Inc’s stock clocked out at $8.97, down -14.41% from its previous closing price of $10.48. In other words, the price has decreased by -$14.41 from its previous closing price. On the day, 37.53 million shares were traded. ACHR stock price reached its highest trading level at $10.05 during the session, while it also had its lowest trading level at $8.94.
Ratios:
To gain a deeper understanding of ACHR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.03 and its Current Ratio is at 6.03. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.16.
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 Neutral and sets its target price to $9 from $6 previously.
On November 19, 2024, Needham started tracking the stock assigning a Buy rating and target price of $11.
On September 03, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $12.50.H.C. Wainwright initiated its Buy rating on September 03, 2024, with a $12.50 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 07 ’25 when Muniz Thomas Paul sold 50,000 shares for $12.00 per share. The transaction valued at 600,000 led to the insider holds 1,070,360 shares of the business.
Muniz Thomas Paul bought 50,000 shares of ACHR for $600,000 on Jan 07 ’25. On Dec 18 ’24, another insider, Spellacy Michael, who serves as the Director of the company, sold 278,487 shares for $10.00 each. As a result, the insider received 2,784,870 and left with 1,162,183 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, ACHR now has a Market Capitalization of 4499719680 and an Enterprise Value of 3391495936.
Stock Price History:
The Beta on a monthly basis for ACHR is 3.15, which has changed by 0.80846775 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, ACHR has reached a high of $12.48, while it has fallen to a 52-week low of $2.82. The 50-Day Moving Average of the stock is 25.75%, while the 200-Day Moving Average is calculated to be 96.87%.
Shares Statistics:
It appears that ACHR traded 34.80M shares on average per day over the past three months and 41216900 shares per day over the past ten days. A total of 383.79M shares are outstanding, with a floating share count of 256.24M. Insiders hold about 39.75% of the company’s shares, while institutions hold 34.52% stake in the company. Shares short for ACHR as of 1734048000 were 73584626 with a Short Ratio of 2.08, compared to 1731628800 on 76611575. Therefore, it implies a Short% of Shares Outstanding of 73584626 and a Short% of Float of 18.360001.
Earnings Estimates
The company has 3.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.22, with high estimates of -$0.22 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$0.8 and -$1.26 for the fiscal current year, implying an average EPS of -$1.04. EPS for the following year is -$0.73, with 4.0 analysts recommending between -$0.64 and -$0.82.
Revenue Estimates
Based on 8 analysts’ estimates, the company’s revenue will be $37.44M in the next fiscal year. The high estimate is $63M and the low estimate is $15M.
