As of close of business last night, Pulmonx Corp’s stock clocked out at $7.47, down -5.32% from its previous closing price of $7.89. On the day, 275818 shares were traded.
Ratios:
To gain a deeper understanding of LUNG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.77 and its Current Ratio is at 6.49. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.31.
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 the company, Wells Fargo on February 23, 2024, Downgraded its rating to Equal Weight and sets its target price to $14 from $16 previously.
On September 05, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $18.
Wells Fargo Upgraded its Equal Weight to Overweight on February 27, 2023, whereas the target price for the stock was revised from $10 to $15.
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 22 ’24 when Rose Geoffrey Beran sold 1,184 shares for $9.36 per share. The transaction valued at 11,082 led to the insider holds 307,868 shares of the business.
French Glendon E. III sold 6,954 shares of LUNG for $63,003 on Mar 01 ’24. The PRESIDENT AND CEO now owns 1,116,758 shares after completing the transaction at $9.06 per share. On Mar 01 ’24, another insider, Lehman David Aaron, who serves as the GENERAL COUNSEL of the company, sold 4,351 shares for $9.06 each. As a result, the insider received 39,420 and left with 145,488 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.19 while its Price-to-Book (P/B) ratio in mrq is 2.43.
Stock Price History:
Over the past 52 weeks, LUNG has reached a high of $14.84, while it has fallen to a 52-week low of $7.72.
Shares Statistics:
A total of 38.52M shares are outstanding, with a floating share count of 34.95M. Insiders hold about 9.31% of the company’s shares, while institutions hold 87.88% stake in the company.
Earnings Estimates
As of right now, United States Natural Gas Fund analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $4.86, with high estimates of $2.42 and low estimates of $154.43.
Analysts are recommending an EPS of between $Technology and $Energy for the fiscal current year, implying an average EPS of $Industrials.
