Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of T1 Energy Inc (NYSE: TE) was $1.25 for the day, down -3.85% from the previous closing price of $1.3. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 2.01 million shares were traded. TE stock price reached its highest trading level at $1.32 during the session, while it also had its lowest trading level at $1.23.
Ratios:
Our analysis of TE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 3.00 whereas as Long-Term Debt/Eq ratio is at 2.50.
On November 14, 2023, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $13 to $2.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 18 ’24 when Slettemoen Tore Ivar sold 391,071 shares for $1.88 per share. The transaction valued at 735,213 led to the insider holds 5,080,446 shares of the business.
Slettemoen Tore Ivar sold 600,000 shares of TE for $978,000 on Dec 13 ’24. The Director now owns 6,016,105 shares after completing the transaction at $1.63 per share. On Dec 17 ’24, another insider, Slettemoen Tore Ivar, who serves as the Director of the company, sold 544,588 shares for $1.74 each. As a result, the insider received 947,583 and left with 5,471,517 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, TE now has a Market Capitalization of 194922496 and an Enterprise Value of 949486592. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.88 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 14.048 whereas that against EBITDA is -21.362.
Stock Price History:
The Beta on a monthly basis for TE is 1.28, which has changed by -0.21383649 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, TE has reached a high of $3.36, while it has fallen to a 52-week low of $0.91. The 50-Day Moving Average of the stock is 0.64%, while the 200-Day Moving Average is calculated to be -18.82%.
Shares Statistics:
TE traded an average of 1.75M shares per day over the past three months and 3482220 shares per day over the past ten days. A total of 155.94M shares are outstanding, with a floating share count of 126.27M. Insiders hold about 19.03% of the company’s shares, while institutions hold 43.05% stake in the company. Shares short for TE as of 1749772800 were 11291723 with a Short Ratio of 6.45, compared to 1747267200 on 13244487. Therefore, it implies a Short% of Shares Outstanding of 11291723 and a Short% of Float of 8.48.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
As of right now, 1.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.32 and -$0.32 for the fiscal current year, implying an average EPS of -$0.32. EPS for the following year is $0.02, with 1.0 analysts recommending between $0.02 and $0.02.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $298.04M. There is a high estimate of $298.04M for the next quarter, whereas the lowest estimate is $298.04M.
A total of 1 analysts have provided revenue estimates for TE’s current fiscal year. The highest revenue estimate was $898.4M, while the lowest revenue estimate was $898.4M, resulting in an average revenue estimate of $898.4M. In the same quarter a year ago, actual revenue was $2.94MBased on 1 analysts’ estimates, the company’s revenue will be $1.58B in the next fiscal year. The high estimate is $1.58B and the low estimate is $1.58B.
