As of close of business last night, Phunware Inc’s stock clocked out at $8.96, down -7.63% from its previous closing price of $9.70. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 674278 shares were traded.
Ratios:
To gain a deeper understanding of PHUN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 0.35.
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, ROTH Capital on May 11, 2021, initiated with a Buy rating and assigned the stock a target price of $2.50.
On June 16, 2020, Ascendiant Capital Markets started tracking the stock assigning a Buy rating and target price of $4.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 14 ’24 when Snavely Michael bought 2,500 shares for $9.04 per share. The transaction valued at 22,600 led to the insider holds 23,143 shares of the business.
Reisner Troy Lee bought 2,000 shares of PHUN for $17,514 on Mar 14 ’24. The Chief Financial Officer now owns 14,000 shares after completing the transaction at $8.76 per share. On Jan 17 ’24, another insider, Snavely Michael, who serves as the Chief Executive Officer of the company, sold 273 shares for $0.16 each. As a result, the insider received 44 and left with 1,177,136 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, PHUN now has a Market Capitalization of 71.92M and an Enterprise Value of 74.58M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.55 while its Price-to-Book (P/B) ratio in mrq is 3.51. Its current Enterprise Value per Revenue stands at 15.44 whereas that against EBITDA is -1.86.
Stock Price History:
Over the past 52 weeks, PHUN has reached a high of $38.44, while it has fallen to a 52-week low of $3.50. The 50-Day Moving Average of the stock is 12.92, while the 200-Day Moving Average is calculated to be 12.73.
Shares Statistics:
It appears that PHUN traded 4.43M shares on average per day over the past three months and 1.25M shares per day over the past ten days. A total of 8.03M shares are outstanding, with a floating share count of 7.87M. Insiders hold about 1.91% of the company’s shares, while institutions hold 10.74% stake in the company. Shares short for PHUN as of Mar 15, 2024 were 1.09M with a Short Ratio of 0.25, compared to 363.39k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.58% and a Short% of Float of 13.58%.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.51 for the current quarter, with a high estimate of -$0.48 and a low estimate of -$0.55, while EPS last year was -$2. The consensus estimate for the next quarter is -$0.4, with high estimates of -$0.34 and low estimates of -$0.5.
Analysts are recommending an EPS of between -$1.39 and -$2.05 for the fiscal current year, implying an average EPS of -$1.66. EPS for the following year is -$1.52, with 3 analysts recommending between -$1.2 and -$2.12.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $1.24M. It ranges from a high estimate of $1.28M to a low estimate of $1.21M. As of the current estimate, Phunware Inc’s year-ago sales were $4.75M, an estimated decrease of -73.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $1.3M, a decrease of -73.30% over than the figure of -$73.90% in the same quarter last year. There is a high estimate of $1.49M for the next quarter, whereas the lowest estimate is $1M.
A total of 3 analysts have provided revenue estimates for PHUN’s current fiscal year. The highest revenue estimate was $6.04M, while the lowest revenue estimate was $4.2M, resulting in an average revenue estimate of $5.42M. In the same quarter a year ago, actual revenue was $12.4M, down -56.30% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $8.51M in the next fiscal year. The high estimate is $10.05M and the low estimate is $7M. The average revenue growth estimate for next year is up 57.00% from the average revenue estimate for this year.
