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The closing price of Ondas Holdings Inc (NASDAQ: ONDS) was $0.99 for the day, up 8.79% from the previous closing price of $0.91. In other words, the price has increased by $8.79 from its previous closing price. On the day, 0.51 million shares were traded. ONDS stock price reached its highest trading level at $1.05 during the session, while it also had its lowest trading level at $0.9.
Ratios:
Our analysis of ONDS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.62. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 0.28.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 11 ’24 when Brock Eric A bought 37,400 shares for $0.74 per share. The transaction valued at 27,631 led to the insider holds 1,936,255 shares of the business.
Brock Eric A bought 7,649 shares of ONDS for $5,119 on Jun 10 ’24. The Chairman, CEO and President now owns 1,898,855 shares after completing the transaction at $0.67 per share. On Jun 07 ’24, another insider, Popolo Joseph V, who serves as the Director of the company, bought 100,000 shares for $0.67 each. As a result, the insider paid 67,020 and bolstered with 3,283,244 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 72819344 and an Enterprise Value of 81506392. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.78 while its Price-to-Book (P/B) ratio in mrq is 2.34. Its current Enterprise Value per Revenue stands at 5.941 whereas that against EBITDA is -2.738.
Stock Price History:
Over the past 52 weeks, ONDS has reached a high of $1.99, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is 30.60%, while the 200-Day Moving Average is calculated to be -0.30%.
Shares Statistics:
ONDS traded an average of 238.00K shares per day over the past three months and 534370 shares per day over the past ten days. A total of 61.94M shares are outstanding, with a floating share count of 54.28M. Insiders hold about 18.09% of the company’s shares, while institutions hold 11.45% stake in the company. Shares short for ONDS as of 1721001600 were 2372153 with a Short Ratio of 9.97, compared to 1718323200 on 2044112. Therefore, it implies a Short% of Shares Outstanding of 2372153 and a Short% of Float of 5.13.
Earnings Estimates
The current market rating for Ondas Holdings Inc (ONDS) reflects the collective analysis of 4.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.17, while EPS last year was -$0.18. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.08 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$0.43 and -$0.55 for the fiscal current year, implying an average EPS of -$0.48. EPS for the following year is -$0.12, with 4.0 analysts recommending between -$0.05 and -$0.26.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $1.89M to a low estimate of $810k. As of the current estimate, Ondas Holdings Inc’s year-ago sales were $5.47MFor the next quarter, 4 analysts are estimating revenue of $6.33M. There is a high estimate of $10.4M for the next quarter, whereas the lowest estimate is $4.06M.
A total of 4 analysts have provided revenue estimates for ONDS’s current fiscal year. The highest revenue estimate was $25.8M, while the lowest revenue estimate was $19.55M, resulting in an average revenue estimate of $21.45M. In the same quarter a year ago, actual revenue was $15.69MBased on 4 analysts’ estimates, the company’s revenue will be $71.15M in the next fiscal year. The high estimate is $97.74M and the low estimate is $47.73M.
