After finishing at $0.46 in the prior trading day, Momentus Inc (NASDAQ: MNTS) closed at $0.45, down -1.92%. In other words, the price has decreased by -$0.0088 from its previous closing price. On the day, 585981 shares were traded. MNTS stock price reached its highest trading level at $0.4600 during the session, while it also had its lowest trading level at $0.4220.
Ratios:
Our goal is to gain a better understanding of MNTS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 2.84 whereas as Long-Term Debt/Eq ratio is at 1.21.
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, Evercore ISI on July 05, 2022, initiated with a Underperform rating and assigned the stock a target price of $2.
On January 10, 2022, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $10.
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 Dec 01 ’23 when Kabot Brian sold 400 shares for $2.60 per share. The transaction valued at 1,040 led to the insider holds 3,782 shares of the business.
Kabot Brian sold 400 shares of MNTS for $1,400 on Nov 01 ’23. The Director now owns 4,182 shares after completing the transaction at $3.50 per share. On Oct 02 ’23, another insider, Kabot Brian, who serves as the Director of the company, sold 400 shares for $2.17 each. As a result, the insider received 868 and left with 4,582 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, MNTS now has a Market Capitalization of 5.86M and an Enterprise Value of 8.28M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.72 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 3.79 whereas that against EBITDA is -0.11.
Stock Price History:
Over the past 52 weeks, MNTS has reached a high of $33.33, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is 0.7471, while the 200-Day Moving Average is calculated to be 6.1152.
Shares Statistics:
The stock has traded on average 2.10M shares per day over the past 3-months and 1.51M shares per day over the last 10 days, according to various share statistics. A total of 13.29M shares are outstanding, with a floating share count of 13.07M. Insiders hold about 1.68% of the company’s shares, while institutions hold 7.95% stake in the company. Shares short for MNTS as of Feb 29, 2024 were 232.89k with a Short Ratio of 0.11, compared to 75.94k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.95% and a Short% of Float of 1.96%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$2.21 for the current quarter, with a high estimate of -$2.21 and a low estimate of -$2.21, while EPS last year was -$12.5. The consensus estimate for the next quarter is -$2.17, with high estimates of -$2.17 and low estimates of -$2.17.
Analysts are recommending an EPS of between -$9.84 and -$9.84 for the fiscal current year, implying an average EPS of -$9.84. EPS for the following year is -$9.06, with 1 analysts recommending between -$9.06 and -$9.06.
Revenue Estimates
1 analysts predict $1M in revenue for the current quarter. It ranges from a high estimate of $1M to a low estimate of $1M. As of the current estimate, Momentus Inc’s year-ago sales were $120k, an estimated increase of 733.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $950k, an increase of 239.30% less than the figure of $733.30% in the same quarter last year. There is a high estimate of $950k for the next quarter, whereas the lowest estimate is $950k.
A total of 1 analysts have provided revenue estimates for MNTS’s current fiscal year. The highest revenue estimate was $3.07M, while the lowest revenue estimate was $3.07M, resulting in an average revenue estimate of $3.07M. In the same quarter a year ago, actual revenue was $299k, up 926.80% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $5M in the next fiscal year. The high estimate is $5M and the low estimate is $5M. The average revenue growth estimate for next year is up 62.90% from the average revenue estimate for this year.
