The price of Ondas Holdings Inc (NASDAQ: ONDS) closed at $1.27 in the last session, up 3.25% from day before closing price of $1.23. In other words, the price has increased by $+0.0400 from its previous closing price. On the day, 568889 shares were traded. ONDS stock price reached its highest trading level at $1.4697 during the session, while it also had its lowest trading level at $1.2300.
Ratios:
We take a closer look at ONDS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.15.
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, Ladenburg Thalmann on December 11, 2023, initiated with a Buy rating and assigned the stock a target price of $3.50.
On February 16, 2021, Northland Capital started tracking the stock assigning a Outperform rating and target price of $22.
On December 23, 2020, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $10.Oppenheimer initiated its Outperform rating on December 23, 2020, with a $10 target price.
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 Feb 26 when Popolo Joseph V bought 1,785,714 shares for $1.12 per share. The transaction valued at 2,000,000 led to the insider holds 3,183,244 shares of the business.
Popolo Joseph V bought 85,646 shares of ONDS for $101,944 on Nov 22. The 10% Owner now owns 1,284,245 shares after completing the transaction at $1.19 per share. On Nov 22, another insider, COHEN RICHARD M, who serves as the Director of the company, sold 5,930 shares for $1.08 each. As a result, the insider received 6,406 and left with 52,993 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, ONDS now has a Market Capitalization of 80.64M and an Enterprise Value of 93.11M. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.43 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 8.31 whereas that against EBITDA is -1.65.
Stock Price History:
Over the past 52 weeks, ONDS has reached a high of $2.14, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is 1.4232, while the 200-Day Moving Average is calculated to be 1.0630.
Shares Statistics:
According to the various share statistics, ONDS traded on average about 378.25K shares per day over the past 3-months and 286.87k shares per day over the past 10 days. A total of 44.11M shares are outstanding, with a floating share count of 42.44M. Insiders hold about 35.26% of the company’s shares, while institutions hold 13.13% stake in the company. Shares short for ONDS as of Feb 15, 2024 were 1.8M with a Short Ratio of 4.75, compared to 1.83M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.90% and a Short% of Float of 3.10%.
Earnings Estimates
The company has 4 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 -$0.11 and a low estimate of -$0.17, while EPS last year was -$0.44. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.05 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.7 and -$0.79 for the fiscal current year, implying an average EPS of -$0.75. EPS for the following year is -$0.35, with 4 analysts recommending between -$0.18 and -$0.56.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $4.27M. It ranges from a high estimate of $4.3M to a low estimate of $4.21M. As of the current estimate, Ondas Holdings Inc’s year-ago sales were $479k, an estimated increase of 791.40% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $5.35M, an increase of 106.20% less than the figure of $791.40% in the same quarter last year. There is a high estimate of $8.3M for the next quarter, whereas the lowest estimate is $3.37M.
A total of 4 analysts have provided revenue estimates for ONDS’s current fiscal year. The highest revenue estimate was $15.01M, while the lowest revenue estimate was $14.94M, resulting in an average revenue estimate of $14.99M. In the same quarter a year ago, actual revenue was $2.13M, up 605.10% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $41.96M in the next fiscal year. The high estimate is $58.9M and the low estimate is $23.55M. The average revenue growth estimate for next year is up 179.90% from the average revenue estimate for this year.
