The price of QuantumScape Corp (NYSE: QS) closed at $6.19 in the last session, up 2.48% from day before closing price of $6.04. In other words, the price has increased by $+0.15 from its previous closing price. On the day, 6238995 shares were traded. QS stock price reached its highest trading level at $6.24 during the session, while it also had its lowest trading level at $6.00.
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Ratios:
We take a closer look at QS’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 2.70B.
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:
According to the various share statistics, QS traded on average about 10.56M shares per day over the past 3-months and 8.42M shares per day over the past 10 days. A total of 358.50M shares are outstanding, with a floating share count of 327.64M. Insiders hold about 33.07% 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 5.28, 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
The company has 4 analysts who recommend its stock at the moment. 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.
