Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Energous Corp’s stock clocked out at $0.45, down -4.26% from its previous closing price of $0.47. In other words, the price has decreased by -$4.26 from its previous closing price. On the day, 0.87 million shares were traded. WATT stock price reached its highest trading level at $0.462 during the session, while it also had its lowest trading level at $0.4339.
Ratios:
To gain a deeper understanding of WATT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 0.00.
On April 05, 2024, Ladenburg Thalmann Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3.50 to $2.
Ladenburg Thalmann Upgraded its Neutral to Buy on May 01, 2019, while the target price for the stock was maintained at $6.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WATT now has a Market Capitalization of 8937045 and an Enterprise Value of -289296. For the stock, the TTM Price-to-Sale (P/S) ratio is 33.13 while its Price-to-Book (P/B) ratio in mrq is 8.06. Its current Enterprise Value per Revenue stands at -0.781 whereas that against EBITDA is 0.015.
Stock Price History:
The Beta on a monthly basis for WATT is 2.31, which has changed by -0.71515155 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, WATT has reached a high of $2.75, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -17.82%, while the 200-Day Moving Average is calculated to be -47.36%.
Shares Statistics:
It appears that WATT traded 6.34M shares on average per day over the past three months and 1420060 shares per day over the past ten days. A total of 31.66M shares are outstanding, with a floating share count of 31.05M. Insiders hold about 1.91% of the company’s shares, while institutions hold 1.24% stake in the company. Shares short for WATT as of 1730332800 were 766358 with a Short Ratio of 0.20, compared to 1727654400 on 763195. Therefore, it implies a Short% of Shares Outstanding of 766358 and a Short% of Float of 11.2799995.
Earnings Estimates
The dynamic stock of Energous Corp (WATT) is currently attracting attention from 1.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$3.15 and -$3.15 for the fiscal current year, implying an average EPS of -$3.15. EPS for the following year is -$2.56, with 1.0 analysts recommending between -$2.56 and -$2.56.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $500k. It ranges from a high estimate of $500k to a low estimate of $500k. As of the current estimate, Energous Corp’s year-ago sales were $91.67k
A total of 1 analysts have provided revenue estimates for WATT’s current fiscal year. The highest revenue estimate was $910k, while the lowest revenue estimate was $910k, resulting in an average revenue estimate of $910k. In the same quarter a year ago, actual revenue was $474.18kBased on 1 analysts’ estimates, the company’s revenue will be $8.5M in the next fiscal year. The high estimate is $8.5M and the low estimate is $8.5M.
