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Quantum Corp (NASDAQ: QMCO) closed the day trading at $22.41 up 7.22% from the previous closing price of $20.90. In other words, the price has increased by $7.22 from its previous closing price. On the day, 1.75 million shares were traded. QMCO stock price reached its highest trading level at $24.67 during the session, while it also had its lowest trading level at $20.24.
Ratios:
For a better understanding of QMCO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.81.
On February 10, 2022, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $15 to $4.
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 Jan 03 ’25 when PACIFIC INVESTMENT MANAGEMENT sold 228,195 shares for $61.52 per share. The transaction valued at 14,038,556 led to the insider holds 525,994 shares of the business.
Gianella Kenneth P. sold 2,590 shares of QMCO for $11,474 on Nov 08 ’24. The Chief Financial Officer now owns 33,910 shares after completing the transaction at $4.43 per share. On Nov 08 ’24, another insider, Spanjaard Henk Jan, who serves as the Chief Revenue Officer of the company, sold 394 shares for $4.43 each. As a result, the insider received 1,745 and left with 15,662 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, QMCO now has a Market Capitalization of 108654440 and an Enterprise Value of 114748064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38. Its current Enterprise Value per Revenue stands at 0.395 whereas that against EBITDA is -3.815.
Stock Price History:
The Beta on a monthly basis for QMCO is 3.14, which has changed by 3.0192308 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, QMCO has reached a high of $90.64, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is -2.27%, while the 200-Day Moving Average is calculated to be 102.21%.
Shares Statistics:
Over the past 3-months, QMCO traded about 3.20M shares per day on average, while over the past 10 days, QMCO traded about 2331470 shares per day. A total of 4.79M shares are outstanding, with a floating share count of 3.72M. Insiders hold about 23.31% of the company’s shares, while institutions hold 45.78% stake in the company. Shares short for QMCO as of 1730332800 were 188349 with a Short Ratio of 0.38, compared to 1727654400 on 227985. Therefore, it implies a Short% of Shares Outstanding of 188349 and a Short% of Float of 5.59.
Earnings Estimates
The dynamic stock of Quantum Corp (QMCO) is currently being evaluated by a team of 2 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.32, with high estimates of -$0.25 and low estimates of -$0.4.
Analysts are recommending an EPS of between -$4.56 and -$4.89 for the fiscal current year, implying an average EPS of -$4.72. EPS for the following year is -$2.09, with 2.0 analysts recommending between -$2.08 and -$2.09.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $66.2M. There is a high estimate of $66.2M for the next quarter, whereas the lowest estimate is $66.2M.
A total of 2 analysts have provided revenue estimates for QMCO’s current fiscal year. The highest revenue estimate was $280.01M, while the lowest revenue estimate was $280M, resulting in an average revenue estimate of $280.01M. In the same quarter a year ago, actual revenue was $311.6MBased on 2 analysts’ estimates, the company’s revenue will be $276.13M in the next fiscal year. The high estimate is $285.37M and the low estimate is $266.9M.
