After finishing at $1.16 in the prior trading day, Real Good Food Company Inc (NASDAQ: RGF) closed at $1.10, down -5.17%. In other words, the price has decreased by -$0.0600 from its previous closing price. On the day, 726259 shares were traded. RGF stock price reached its highest trading level at $1.1900 during the session, while it also had its lowest trading level at $1.0700.
Ratios:
Our goal is to gain a better understanding of RGF by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 5.02 whereas as Long-Term Debt/Eq ratio is at 4.78.
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 Mar 01 when AWM Investment Company, Inc. sold 415,000 shares for $1.10 per share. The transaction valued at 456,500 led to the insider holds 1,941,859 shares of the business.
AWM Investment Company, Inc. sold 109,368 shares of RGF for $130,666 on Feb 29. The 10% Owner now owns 2,356,859 shares after completing the transaction at $1.19 per share. On Feb 28, another insider, AWM Investment Company, Inc., who serves as the 10% Owner of the company, sold 19,400 shares for $1.22 each. As a result, the insider received 23,669 and left with 2,466,227 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, RGF now has a Market Capitalization of 21.65M and an Enterprise Value of 165.18M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 1.06 whereas that against EBITDA is -5.03.
Stock Price History:
Over the past 52 weeks, RGF has reached a high of $5.21, while it has fallen to a 52-week low of $1.10. The 50-Day Moving Average of the stock is 1.3228, while the 200-Day Moving Average is calculated to be 2.7654.
Shares Statistics:
The stock has traded on average 190.64K shares per day over the past 3-months and 166.23k shares per day over the last 10 days, according to various share statistics. A total of 11.45M shares are outstanding, with a floating share count of 11.06M. Insiders hold about 3.45% of the company’s shares, while institutions hold 109.96% stake in the company. Shares short for RGF as of Feb 15, 2024 were 131.86k with a Short Ratio of 0.69, compared to 130.26k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.68% and a Short% of Float of 0.78%.
Earnings Estimates
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of $0.03 and a low estimate of -$0.22, while EPS last year was -$0.79. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.58 and -$1.59 for the fiscal current year, implying an average EPS of -$1.08. EPS for the following year is -$0.29, with 3 analysts recommending between -$0.04 and -$0.74.
Revenue Estimates
4 analysts predict $66.52M in revenue for the current quarter. It ranges from a high estimate of $70.8M to a low estimate of $64.2M. As of the current estimate, Real Good Food Company Inc’s year-ago sales were $35.65M, an estimated increase of 86.60% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $44.47M, an increase of 70.30% less than the figure of $86.60% in the same quarter last year. There is a high estimate of $48.53M for the next quarter, whereas the lowest estimate is $39.47M.
A total of 4 analysts have provided revenue estimates for RGF’s current fiscal year. The highest revenue estimate was $191.53M, while the lowest revenue estimate was $185M, resulting in an average revenue estimate of $187.25M. In the same quarter a year ago, actual revenue was $141.59M, up 32.20% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $246.19M in the next fiscal year. The high estimate is $247.55M and the low estimate is $245M. The average revenue growth estimate for next year is up 31.50% from the average revenue estimate for this year.
