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After finishing at $0.21 in the prior trading day, iSun Inc (NASDAQ: ISUN) closed at $0.17, down -17.67%. In other words, the price has decreased by -$17.67 from its previous closing price. On the day, 2.16 million shares were traded. ISUN stock price reached its highest trading level at $0.195 during the session, while it also had its lowest trading level at $0.152.
Ratios:
Our goal is to gain a better understanding of ISUN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.31.
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 Sep 18 ’23 when Meer Claudia Michel sold 4,400 shares for $0.24 per share. The transaction valued at 1,066 led to the insider holds 118,277 shares of the business.
Meer Claudia Michel sold 2,850 shares of ISUN for $691 on Sep 18 ’23. The Director now owns 115,427 shares after completing the transaction at $0.24 per share. On May 25 ’23, another insider, Myrick Frederick JR, who serves as the Executive Vice President of the company, bought 20,000 shares for $0.61 each. As a result, the insider paid 12,186 and bolstered with 744,158 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, ISUN now has a Market Capitalization of 10168353 and an Enterprise Value of 18570286. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 0.193 whereas that against EBITDA is -4.423.
Stock Price History:
The Beta on a monthly basis for ISUN is 1.15, which has changed by -0.7630137 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, ISUN has reached a high of $0.81, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -15.75%, while the 200-Day Moving Average is calculated to be -32.00%.
Shares Statistics:
The stock has traded on average 446.25K shares per day over the past 3-months and 459010 shares per day over the last 10 days, according to various share statistics. A total of 47.33M shares are outstanding, with a floating share count of 43.11M. Insiders hold about 8.92% of the company’s shares, while institutions hold 4.40% stake in the company. Shares short for ISUN as of 1711584000 were 636609 with a Short Ratio of 1.43, compared to 1709164800 on 827907. Therefore, it implies a Short% of Shares Outstanding of 636609 and a Short% of Float of 1.43.
Earnings Estimates
iSun Inc (ISUN) is presently subject to a detailed evaluation by 3 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.06, while EPS last year was -$0.12. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.04 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.35 and -$0.45 for the fiscal current year, implying an average EPS of -$0.41. EPS for the following year is -$0.1, with 3 analysts recommending between -$0.08 and -$0.11.
Revenue Estimates
3 analysts predict $25.41M in revenue for the current quarter. It ranges from a high estimate of $28.17M to a low estimate of $27.96M. As of the current estimate, iSun Inc’s year-ago sales were $25.86M, an estimated decrease of -1.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $19.7M, a decrease of -0.40% over than the figure of -$1.70% in the same quarter last year. There is a high estimate of $19.7M for the next quarter, whereas the lowest estimate is $19.7M.
A total of 3 analysts have provided revenue estimates for ISUN’s current fiscal year. The highest revenue estimate was $98.44M, while the lowest revenue estimate was $98.2M, resulting in an average revenue estimate of $95.68M. In the same quarter a year ago, actual revenue was $76.45M, up 25.20% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $115.41M in the next fiscal year. The high estimate is $116.63M and the low estimate is $113.4M. The average revenue growth estimate for next year is up 20.60% from the average revenue estimate for this year.
