Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Azenta Inc (NASDAQ: AZTA) closed at $51.65 up 2.20% from its previous closing price of $50.54. In other words, the price has increased by $2.20 from its previous closing price. On the day, 0.83 million shares were traded. AZTA stock price reached its highest trading level at $52.52 during the session, while it also had its lowest trading level at $51.2.
Ratios:
For a deeper understanding of Azenta Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.73. For the most recent quarter (mrq), Quick Ratio is recorded 4.21 and its Current Ratio is at 4.78. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, Jefferies on April 04, 2024, initiated with a Hold rating and assigned the stock a target price of $64.
On February 01, 2024, B. Riley Securities reiterated its Buy rating and also lowered its target price recommendation from $61 to $79.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 01 ’24 when JASON JOSEPH bought 1,000 shares for $62.05 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AZTA now has a Market Capitalization of 2526490880 and an Enterprise Value of 1947749504. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.84 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 2.957 whereas that against EBITDA is 94.896.
Stock Price History:
The Beta on a monthly basis for AZTA is 1.52, which has changed by -0.08591068 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, AZTA has reached a high of $69.16, while it has fallen to a 52-week low of $44.00. The 50-Day Moving Average of the stock is -6.06%, while the 200-Day Moving Average is calculated to be -10.30%.
Shares Statistics:
For the past three months, AZTA has traded an average of 505.22K shares per day and 554870 over the past ten days. A total of 57.83M shares are outstanding, with a floating share count of 47.95M. Insiders hold about 1.98% of the company’s shares, while institutions hold 111.25% stake in the company. Shares short for AZTA as of 1722384000 were 4567674 with a Short Ratio of 9.04, compared to 1719532800 on 4587036. Therefore, it implies a Short% of Shares Outstanding of 4567674 and a Short% of Float of 13.059999999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.83.
Earnings Estimates
The current market rating for Azenta Inc (AZTA) reflects the collective analysis of 7.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.09, with high estimates of $0.12 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.36 and $0.28 for the fiscal current year, implying an average EPS of $0.33. EPS for the following year is $0.42, with 7.0 analysts recommending between $0.59 and $0.3.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $169.18M this quarter.It ranges from a high estimate of $172M to a low estimate of $166.6M. As of the current estimate, Azenta Inc’s year-ago sales were $172.36MFor the next quarter, 7 analysts are estimating revenue of $173.07M. There is a high estimate of $181.12M for the next quarter, whereas the lowest estimate is $166.3M.
A total of 7 analysts have provided revenue estimates for AZTA’s current fiscal year. The highest revenue estimate was $658M, while the lowest revenue estimate was $652.9M, resulting in an average revenue estimate of $655.39M. In the same quarter a year ago, actual revenue was $665.07MBased on 7 analysts’ estimates, the company’s revenue will be $698.06M in the next fiscal year. The high estimate is $710M and the low estimate is $670.87M.
