Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Accuray Inc (NASDAQ: ARAY) closed at $1.58 down -0.63% from its previous closing price of $1.59. In other words, the price has decreased by -$0.63 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
For a deeper understanding of Accuray Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 4.32 whereas as Long-Term Debt/Eq ratio is at 4.03.
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 this company, ROTH MKM on February 13, 2024, initiated with a Buy rating and assigned the stock a target price of $9.
On June 23, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $7.50.
On December 22, 2021, Loop Capital started tracking the stock assigning a Buy rating and target price of $7.50.Loop Capital initiated its Buy rating on December 22, 2021, with a $7.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 11 ’25 when Hoge Michael bought 242,590 shares for $2.30 per share.
Pervaiz Ali sold 8,404 shares of ARAY for $17,276 on Sep 04 ’24. The SVP Chief Financial Officer now owns 394,138 shares after completing the transaction at $2.06 per share. On Jun 04 ’24, another insider, Pervaiz Ali, who serves as the SVP Chief Financial Officer of the company, sold 2,701 shares for $1.70 each. As a result, the insider received 4,597 and left with 402,542 shares of the company.
Valuation Measures:
As of this moment, Accuray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 267.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 3.28.
Stock Price History:
Over the past 52 weeks, ARAY has reached a high of $2.95, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is -1.66%, while the 200-Day Moving Average is calculated to be -16.93%.
Shares Statistics:
A total of 102.85M shares are outstanding, with a floating share count of 98.01M. Insiders hold about 4.86% of the company’s shares, while institutions hold 61.89% stake in the company.
Earnings Estimates
The stock of Accuray Inc (ARAY) is currently in the spotlight, with 3.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.03 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.02 and -$0.03 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is -$0.04, with 3.0 analysts recommending between $0.04 and -$0.09.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $123.78M this quarter.It ranges from a high estimate of $125.1M to a low estimate of $121.7M. As of the current estimate, Accuray Inc’s year-ago sales were $134.29MFor the next quarter, 4 analysts are estimating revenue of $97.78M. There is a high estimate of $103.7M for the next quarter, whereas the lowest estimate is $91.87M.
A total of 4 analysts have provided revenue estimates for ARAY’s current fiscal year. The highest revenue estimate was $456M, while the lowest revenue estimate was $452.66M, resulting in an average revenue estimate of $454.73M. In the same quarter a year ago, actual revenue was $446.55MBased on 4 analysts’ estimates, the company’s revenue will be $455.13M in the next fiscal year. The high estimate is $485.31M and the low estimate is $429.9M.
