After finishing at $1.79 in the prior trading day, Quantum-Si Incorporated (NASDAQ: QSI) closed at $1.78, down -0.56%. On the day, 510259 shares were traded. QSI stock price reached its highest trading level at $1.8299 during the session, while it also had its lowest trading level at $1.7350.
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Ratios:
Our goal is to gain a better understanding of QSI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 22.60 and its Current Ratio is at 22.94. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
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, H.C. Wainwright on December 08, 2023, initiated with a Buy rating and assigned the stock a target price of $3.
On September 25, 2023, Canaccord Genuity Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $3.50 to $2.
On October 20, 2021, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $13.Canaccord Genuity initiated its Buy rating on October 20, 2021, with a $13 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when LaPointe Christian bought 10,000 shares for $1.74 per share. The transaction valued at 17,400 led to the insider holds 257,693 shares of the business.
Hawkins Jeffrey Alan bought 25,000 shares of QSI for $44,000 on Mar 14 ’24. The President & CEO now owns 25,000 shares after completing the transaction at $1.76 per share. On Mar 05 ’24, another insider, Keyes Jeffry R., who serves as the Chief Financial Officer of the company, bought 50,000 shares for $1.61 each. As a result, the insider paid 80,500 and bolstered with 50,000 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, QSI now has a Market Capitalization of 252.35M and an Enterprise Value of 9.92M. For the stock, the TTM Price-to-Sale (P/S) ratio is 233.66 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 9.17 whereas that against EBITDA is -0.11.
Stock Price History:
Over the past 52 weeks, QSI has reached a high of $3.90, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is 1.7109, while the 200-Day Moving Average is calculated to be 1.8713.
Shares Statistics:
The stock has traded on average 807.46K shares per day over the past 3-months and 1.01M shares per day over the last 10 days, according to various share statistics. A total of 121.83M shares are outstanding, with a floating share count of 97.70M. Insiders hold about 31.08% of the company’s shares, while institutions hold 33.31% stake in the company. Shares short for QSI as of Feb 29, 2024 were 7.82M with a Short Ratio of 9.69, compared to 7.81M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.52% and a Short% of Float of 7.61%.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of -$0.2 for the current quarter, with a high estimate of -$0.17 and a low estimate of -$0.23, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.18 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$0.71 and -$0.87 for the fiscal current year, implying an average EPS of -$0.79. EPS for the following year is -$0.79, with 2 analysts recommending between -$0.77 and -$0.82.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for QSI’s current fiscal year. The highest revenue estimate was $4.15M, while the lowest revenue estimate was $4M, resulting in an average revenue estimate of $4.08M. In the same quarter a year ago, actual revenue was $1.08M, up 277.10% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $12.71M in the next fiscal year. The high estimate is $13.8M and the low estimate is $11.61M. The average revenue growth estimate for next year is up 211.50% from the average revenue estimate for this year.
