As of close of business last night, QuantumScape Corp’s stock clocked out at $6.04, down -2.74% from its previous closing price of $6.21. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 6331392 shares were traded. QS stock price reached its highest trading level at $6.32 during the session, while it also had its lowest trading level at $6.01.
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Ratios:
To gain a deeper understanding of QS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 24.57 and its Current Ratio is at 18.98. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
On December 04, 2023, HSBC Securities started tracking the stock assigning a Reduce rating and target price of $4.70.
On September 18, 2023, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $10.Evercore ISI initiated its Outperform rating on September 18, 2023, with a $10 target price.
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 Feb 21 when Hettrich Kevin sold 11,294 shares for $6.46 per share. The transaction valued at 73,002 led to the insider holds 543,259 shares of the business.
Hettrich Kevin sold 34,607 shares of QS for $226,333 on Feb 20. The CHIEF FINANCIAL OFFICER now owns 554,553 shares after completing the transaction at $6.54 per share. On Feb 05, another insider, Straubel Jeffrey B, who serves as the Director of the company, sold 69,309 shares for $6.72 each. As a result, the insider received 465,590 and left with 292,644 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, QS now has a Market Capitalization of 2.96B and an Enterprise Value of 1.99B.
Stock Price History:
Over the past 52 weeks, QS has reached a high of $13.86, while it has fallen to a 52-week low of $4.99. The 50-Day Moving Average of the stock is 7.22, while the 200-Day Moving Average is calculated to be 7.13.
Shares Statistics:
It appears that QS traded 10.63M shares on average per day over the past three months and 8.42M shares per day over the past ten days. A total of 358.50M shares are outstanding, with a floating share count of 327.64M. Insiders hold about 32.99% of the company’s shares, while institutions hold 25.09% stake in the company. Shares short for QS as of Jan 31, 2024 were 55.72M with a Short Ratio of 5.24, compared to 56.03M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 11.38% and a Short% of Float of 15.91%.
Earnings Estimates
As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.19 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.23, while EPS last year was -$0.24. The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.16 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$0.59 and -$1.15 for the fiscal current year, implying an average EPS of -$0.86. EPS for the following year is -$0.85, with 9 analysts recommending between -$0.63 and -$1.12.
