As of close of business last night, Opera Ltd ADR’s stock clocked out at $16.45, up 5.72% from its previous closing price of $15.56. In other words, the price has increased by $+0.89 from its previous closing price. On the day, 1264725 shares were traded.
Ratios:
To gain a deeper understanding of OPRA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.69 and its Current Ratio is at 2.56. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On December 13, 2023, Goldman started tracking the stock assigning a Buy rating and target price of $16.50.
On May 21, 2020, Cowen started tracking the stock assigning a Outperform rating and target price of $10.Cowen initiated its Outperform rating on May 21, 2020, with a $10 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPRA now has a Market Capitalization of 1.44B and an Enterprise Value of 1.35B. As of this moment, Opera’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.63, and their Forward P/E ratio for the next fiscal year is 13.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.62 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 3.41 whereas that against EBITDA is 7.13.
Stock Price History:
Over the past 52 weeks, OPRA has reached a high of $28.58, while it has fallen to a 52-week low of $9.40. The 50-Day Moving Average of the stock is 13.57, while the 200-Day Moving Average is calculated to be 13.92.
Shares Statistics:
It appears that OPRA traded 1.01M shares on average per day over the past three months and 760.88k shares per day over the past ten days. Shares short for OPRA as of Mar 15, 2024 were 3.71M with a Short Ratio of 3.55, compared to 3.1M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.24% and a Short% of Float of 92.57%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.80, OPRA has a forward annual dividend rate of 0.80. Against a Trailing Annual Dividend Yield of 5.14%, it implies a Forward Annual Dividend Yield of 5.03%.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.24 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.24, while EPS last year was $0.27. The consensus estimate for the next quarter is $0.23, with high estimates of $0.24 and low estimates of $0.23.
Analysts are recommending an EPS of between $1.17 and $0.91 for the fiscal current year, implying an average EPS of $1.02. EPS for the following year is $1.25, with 4 analysts recommending between $1.39 and $1.14.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $100.13M. It ranges from a high estimate of $100.7M to a low estimate of $99.52M. As of the current estimate, Opera Ltd ADR’s year-ago sales were $87.13M, an estimated increase of 14.90% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $107.74M, an increase of 14.50% less than the figure of $14.90% in the same quarter last year. There is a high estimate of $108.84M for the next quarter, whereas the lowest estimate is $107M.
A total of 6 analysts have provided revenue estimates for OPRA’s current fiscal year. The highest revenue estimate was $460.7M, while the lowest revenue estimate was $454.4M, resulting in an average revenue estimate of $457.43M. In the same quarter a year ago, actual revenue was $396.83M, up 15.30% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $520.96M in the next fiscal year. The high estimate is $528.45M and the low estimate is $513.2M. The average revenue growth estimate for next year is up 13.90% from the average revenue estimate for this year.
