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After finishing at $1.16 in the prior trading day, Dragonfly Energy Holdings Corp (NASDAQ: DFLI) closed at $1.41, up 21.55%. In other words, the price has increased by $21.55 from its previous closing price. On the day, 2.27 million shares were traded. DFLI stock price reached its highest trading level at $1.43 during the session, while it also had its lowest trading level at $1.1607.
Ratios:
Our goal is to gain a better understanding of DFLI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.08.
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 MKM on September 14, 2023, initiated with a Buy rating and assigned the stock a target price of $4.
On January 11, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $15.
On November 18, 2022, Chardan Capital Markets started tracking the stock assigning a Buy rating and target price of $15.Chardan Capital Markets initiated its Buy rating on November 18, 2022, with a $15 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, DFLI now has a Market Capitalization of 84971816 and an Enterprise Value of 80495928. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 3.04. Its current Enterprise Value per Revenue stands at 1.25 whereas that against EBITDA is -3.073.
Stock Price History:
The Beta on a monthly basis for DFLI is -0.72, which has changed by -0.6704545 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, DFLI has reached a high of $5.12, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is 126.12%, while the 200-Day Moving Average is calculated to be 40.13%.
Shares Statistics:
The stock has traded on average 846.17K shares per day over the past 3-months and 708080 shares per day over the last 10 days, according to various share statistics. A total of 60.26M shares are outstanding, with a floating share count of 22.00M. Insiders hold about 63.50% of the company’s shares, while institutions hold 8.46% stake in the company. Shares short for DFLI as of 1713139200 were 3401717 with a Short Ratio of 4.02, compared to 1710460800 on 3154535. Therefore, it implies a Short% of Shares Outstanding of 3401717 and a Short% of Float of 10.6400006.
Earnings Estimates
Dragonfly Energy Holdings Corp (DFLI) is currently under the scrutiny of 2.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of -$0.16 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.16, while EPS last year was $0.1. The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.12 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.46 and -$0.58 for the fiscal current year, implying an average EPS of -$0.53. EPS for the following year is -$0.36, with 3.0 analysts recommending between -$0.2 and -$0.44.
Revenue Estimates
3 analysts predict $12.13M in revenue for the current quarter. It ranges from a high estimate of $12.3M to a low estimate of $11.92M. As of the current estimate, Dragonfly Energy Holdings Corp’s year-ago sales were $18.79MFor the next quarter, 3 analysts are estimating revenue of $14.69M. There is a high estimate of $16.9M for the next quarter, whereas the lowest estimate is $12.2M.
A total of 4 analysts have provided revenue estimates for DFLI’s current fiscal year. The highest revenue estimate was $76.21M, while the lowest revenue estimate was $61.3M, resulting in an average revenue estimate of $68.28M. In the same quarter a year ago, actual revenue was $64.39MBased on 3 analysts’ estimates, the company’s revenue will be $115.92M in the next fiscal year. The high estimate is $128.7M and the low estimate is $100.36M.
