The price of Nauticus Robotics Inc (NASDAQ: KITT) closed at $0.24 in the last session, down -4.84% from day before closing price of $0.25. In other words, the price has decreased by -$0.0121 from its previous closing price. On the day, 1052983 shares were traded. KITT stock price reached its highest trading level at $0.2600 during the session, while it also had its lowest trading level at $0.2300.
Ratios:
We take a closer look at KITT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 1.87 whereas as Long-Term Debt/Eq ratio is at 1.82.
On October 06, 2022, ROTH Capital started tracking the stock assigning a Buy rating and target price of $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 13 ’24 when GIBSON JOHN W JR sold 352,475 shares for $0.19 per share. The transaction valued at 66,970 led to the insider holds 615,305 shares of the business.
Radford Nicolaus sold 19,667 shares of KITT for $12,587 on Jan 02 ’24. The Chief Executive Officer now owns 3,024,921 shares after completing the transaction at $0.64 per share. On Jan 02 ’24, another insider, Bohan Donnelly A., who serves as the Chief Operating Officer of the company, sold 18,357 shares for $0.64 each. As a result, the insider received 11,748 and left with 117,518 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, KITT now has a Market Capitalization of 11.91M and an Enterprise Value of 37.31M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 4.25 whereas that against EBITDA is -3.48.
Stock Price History:
Over the past 52 weeks, KITT has reached a high of $3.22, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is 0.3494, while the 200-Day Moving Average is calculated to be 1.4098.
Shares Statistics:
According to the various share statistics, KITT traded on average about 3.60M shares per day over the past 3-months and 1.71M shares per day over the past 10 days. A total of 47.25M shares are outstanding, with a floating share count of 12.08M. Insiders hold about 75.87% of the company’s shares, while institutions hold 3.14% stake in the company. Shares short for KITT as of Feb 29, 2024 were 409.03k with a Short Ratio of 0.11, compared to 186.97k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.82% and a Short% of Float of 5.08%.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.14 and a low estimate of -$0.14, while EPS last year was -$0.19. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$0.27, with 1 analysts recommending between -$0.27 and -$0.27.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $6.1M. It ranges from a high estimate of $6.1M to a low estimate of $6.1M. As of the current estimate, Nauticus Robotics Inc’s year-ago sales were $3.23M, an estimated increase of 89.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $10M, an increase of 316.70% over than the figure of $89.00% in the same quarter last year. There is a high estimate of $10M for the next quarter, whereas the lowest estimate is $10M.
A total of 1 analysts have provided revenue estimates for KITT’s current fiscal year. The highest revenue estimate was $12.5M, while the lowest revenue estimate was $12.5M, resulting in an average revenue estimate of $12.5M. In the same quarter a year ago, actual revenue was $11.44M, up 9.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $70M in the next fiscal year. The high estimate is $70M and the low estimate is $70M. The average revenue growth estimate for next year is up 460.00% from the average revenue estimate for this year.
