Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $21.10 in the prior trading day, Serve Robotics Inc (NASDAQ: SERV) closed at $18.84, down -10.71%. In other words, the price has decreased by -$10.71 from its previous closing price. On the day, 7.85 million shares were traded. SERV stock price reached its highest trading level at $21.035 during the session, while it also had its lowest trading level at $18.53.
Ratios:
Our goal is to gain a better understanding of SERV by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.58 and its Current Ratio is at 10.65. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 October 28, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On October 18, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $16.
On October 07, 2024, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $12.Seaport Research Partners initiated its Buy rating on October 07, 2024, with a $12 target price.
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 27 ’25 when Wavemaker Global Select II LLC bought 19,323 shares for $17.00 per share.
Match Robotics VC, LLC bought 16,700 shares of SERV for $334,000 on Jan 24 ’25. On Jan 07 ’25, another insider, Abraham Euan, who serves as the Chief Hardware & Mftg Offcr of the company, sold 260 shares for $19.28 each. As a result, the insider received 5,012 and left with 150,518 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, SERV now has a Market Capitalization of 970260032 and an Enterprise Value of 779174016. For the stock, the TTM Price-to-Sale (P/S) ratio is 543.99 while its Price-to-Book (P/B) ratio in mrq is 14.37. Its current Enterprise Value per Revenue stands at 463.971 whereas that against EBITDA is -26.359.
Stock Price History:
Over the past 52 weeks, SERV has reached a high of $37.00, while it has fallen to a 52-week low of $1.77. The 50-Day Moving Average of the stock is 21.98%, while the 200-Day Moving Average is calculated to be 106.75%.
Shares Statistics:
The stock has traded on average 9.99M shares per day over the past 3-months and 8585720 shares per day over the last 10 days, according to various share statistics. A total of 42.84M shares are outstanding, with a floating share count of 27.46M. Insiders hold about 38.02% of the company’s shares, while institutions hold 12.39% stake in the company. Shares short for SERV as of 1738281600 were 5056292 with a Short Ratio of 0.65, compared to 1735603200 on 3796691. Therefore, it implies a Short% of Shares Outstanding of 5056292 and a Short% of Float of 13.62.
Earnings Estimates
The current rating of Serve Robotics Inc (SERV) reflects the combined expertise of 1 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.13 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.63 and -$0.63 for the fiscal current year, implying an average EPS of -$0.63. EPS for the following year is -$0.5, with 1.0 analysts recommending between -$0.5 and -$0.5.
Revenue Estimates
For the next quarter, 4 analysts are estimating revenue of $719.65k. There is a high estimate of $800k for the next quarter, whereas the lowest estimate is $659.95k.
Based on 4 analysts’ estimates, the company’s revenue will be $13.31M in the next fiscal year. The high estimate is $16M and the low estimate is $11.1M.
