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.
The price of Ondas Holdings Inc (NASDAQ: ONDS) closed at $2.07 in the last session, down -5.91% from day before closing price of $2.20. In other words, the price has decreased by -$5.91 from its previous closing price. On the day, 3.85 million shares were traded. ONDS stock price reached its highest trading level at $2.2 during the session, while it also had its lowest trading level at $2.02.
Ratios:
We take a closer look at ONDS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.43. In the meantime, Its Debt-to-Equity ratio is 2.45 whereas as Long-Term Debt/Eq ratio is at 0.37.
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, Ladenburg Thalmann on December 11, 2023, initiated with a Buy rating and assigned the stock a target price of $3.50.
On February 16, 2021, Northland Capital started tracking the stock assigning a Outperform rating and target price of $22.
On December 23, 2020, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $10.Oppenheimer initiated its Outperform rating on December 23, 2020, 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 Dec 19 ’24 when Seidl Randy sold 21,359 shares for $1.29 per share. The transaction valued at 27,553 led to the insider holds 124,513 shares of the business.
SOOD JASPREET K sold 28,971 shares of ONDS for $37,373 on Dec 19 ’24. The Director now owns 110,843 shares after completing the transaction at $1.29 per share. On Dec 19 ’24, another insider, COHEN RICHARD M, who serves as the Director of the company, sold 25,306 shares for $1.29 each. As a result, the insider received 32,645 and left with 128,113 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, ONDS now has a Market Capitalization of 198509056 and an Enterprise Value of 189562240. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.75 while its Price-to-Book (P/B) ratio in mrq is 10.45. Its current Enterprise Value per Revenue stands at 23.622 whereas that against EBITDA is -5.849.
Stock Price History:
Over the past 52 weeks, ONDS has reached a high of $3.40, while it has fallen to a 52-week low of $0.54. The 50-Day Moving Average of the stock is 45.73%, while the 200-Day Moving Average is calculated to be 114.00%.
Shares Statistics:
According to the various share statistics, ONDS traded on average about 5.30M shares per day over the past 3-months and 11345980 shares per day over the past 10 days. A total of 95.90M shares are outstanding, with a floating share count of 82.19M. Insiders hold about 14.30% of the company’s shares, while institutions hold 11.96% stake in the company. Shares short for ONDS as of 1735603200 were 6123148 with a Short Ratio of 1.16, compared to 1732838400 on 1885655. Therefore, it implies a Short% of Shares Outstanding of 6123148 and a Short% of Float of 7.249999999999999.
Earnings Estimates
The stock of Ondas Holdings Inc (ONDS) is currently in the spotlight, with 2.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.07 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.52 and -$0.54 for the fiscal current year, implying an average EPS of -$0.53. EPS for the following year is -$0.32, with 2.0 analysts recommending between -$0.26 and -$0.38.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $5.75M. It ranges from a high estimate of $6.66M to a low estimate of $4M. As of the current estimate, Ondas Holdings Inc’s year-ago sales were $4.96MFor the next quarter, 4 analysts are estimating revenue of $5.61M. There is a high estimate of $6.2M for the next quarter, whereas the lowest estimate is $5.13M.
A total of 4 analysts have provided revenue estimates for ONDS’s current fiscal year. The highest revenue estimate was $9.73M, while the lowest revenue estimate was $7M, resulting in an average revenue estimate of $8.8M. In the same quarter a year ago, actual revenue was $15.69MBased on 3 analysts’ estimates, the company’s revenue will be $33.44M in the next fiscal year. The high estimate is $34.9M and the low estimate is $31.38M.
