After finishing at $1636.74 in the prior trading day, Microstrategy Inc. (NASDAQ: MSTR) closed at $1578.83, down -3.54%. In other words, the price has decreased by -$57.91 from its previous closing price. On the day, 1844541 shares were traded.
Ratios:
Our goal is to gain a better understanding of MSTR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 550.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2742.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 1.04.
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, The Benchmark Company on February 27, 2024, initiated with a Buy rating and assigned the stock a target price of $990.
On December 11, 2023, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $560 to $690.
On July 26, 2023, TD Cowen started tracking the stock assigning a Outperform rating and target price of $520.TD Cowen initiated its Outperform rating on July 26, 2023, with a $520 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 Apr 01 ’24 when SAYLOR MICHAEL J sold 5,000 shares for $1630.88 per share. The transaction valued at 8,154,377 led to the insider holds 0 shares of the business.
SAYLOR MICHAEL J sold 3,973 shares of MSTR for $6,919,114 on Mar 28 ’24. The Executive Chairman now owns 1,027 shares after completing the transaction at $1741.53 per share. On Mar 28 ’24, another insider, SAYLOR MICHAEL J, who serves as the Executive Chairman of the company, sold 1,027 shares for $1926.78 each. As a result, the insider received 1,978,804 and left with 0 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, MSTR now has a Market Capitalization of 27.79B and an Enterprise Value of 29.98B. As of this moment, Microstrategy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 53.99 while its Price-to-Book (P/B) ratio in mrq is 12.30. Its current Enterprise Value per Revenue stands at 60.42 whereas that against EBITDA is -491.23.
Stock Price History:
Over the past 52 weeks, MSTR has reached a high of $1999.99, while it has fallen to a 52-week low of $266.00. The 50-Day Moving Average of the stock is 1,060.01, while the 200-Day Moving Average is calculated to be 594.01.
Shares Statistics:
The stock has traded on average 2.30M shares per day over the past 3-months and 2.87M shares per day over the last 10 days, according to various share statistics. A total of 16.97M shares are outstanding, with a floating share count of 14.99M. Insiders hold about 11.64% of the company’s shares, while institutions hold 49.48% stake in the company. Shares short for MSTR as of Mar 15, 2024 were 3.27M with a Short Ratio of 1.42, compared to 3M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 19.25% and a Short% of Float of 24.36%.
Earnings Estimates
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.42 and a low estimate of -$0.53, while EPS last year was $30.59. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.29 and low estimates of -$0.4.
Analysts are recommending an EPS of between $1.7 and -$1.64 for the fiscal current year, implying an average EPS of $0.5. EPS for the following year is $1.16, with 3 analysts recommending between $2.64 and -$1.01.
Revenue Estimates
4 analysts predict $121.72M in revenue for the current quarter. It ranges from a high estimate of $124.8M to a low estimate of $116.4M. As of the current estimate, Microstrategy Inc.’s year-ago sales were $119.04M, an estimated increase of 2.30% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $121.02M, a decrease of -3.00% less than the figure of $2.30% in the same quarter last year. There is a high estimate of $123.9M for the next quarter, whereas the lowest estimate is $115.9M.
A total of 4 analysts have provided revenue estimates for MSTR’s current fiscal year. The highest revenue estimate was $518.2M, while the lowest revenue estimate was $475.98M, resulting in an average revenue estimate of $501.04M. In the same quarter a year ago, actual revenue was $496.26M, up 1.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $520.93M in the next fiscal year. The high estimate is $547.4M and the low estimate is $484.01M. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.
