The closing price of TeraWulf Inc (NASDAQ: WULF) was $1.78 for the day, up 6.59% from the previous closing price of $1.67. In other words, the price has increased by $+0.1100 from its previous closing price. On the day, 13236364 shares were traded. WULF stock price reached its highest trading level at $1.8300 during the session, while it also had its lowest trading level at $1.6250.
Ratios:
Our analysis of WULF’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.12 and its Current Ratio is at 0.12. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.32.
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, Stifel on October 18, 2023, initiated with a Buy rating and assigned the stock a target price of $3.
On September 07, 2023, Compass Point started tracking the stock assigning a Buy rating and target price of $3.
On July 28, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $4.Cantor Fitzgerald initiated its Overweight rating on July 28, 2023, with a $4 target price.
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 Aug 18 ’23 when Prager Paul B. bought 50,000 shares for $1.90 per share. The transaction valued at 95,000 led to the insider holds 525,000 shares of the business.
Prager Paul B. bought 100,000 shares of WULF for $137,300 on Apr 11 ’23. The Chief Executive Officer now owns 475,000 shares after completing the transaction at $1.37 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WULF now has a Market Capitalization of 531.49M and an Enterprise Value of 660.06M. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.73 while its Price-to-Book (P/B) ratio in mrq is 2.86. Its current Enterprise Value per Revenue stands at 11.89 whereas that against EBITDA is -46.98.
Stock Price History:
Over the past 52 weeks, WULF has reached a high of $4.04, while it has fallen to a 52-week low of $0.54. The 50-Day Moving Average of the stock is 1.8972, while the 200-Day Moving Average is calculated to be 1.8427.
Shares Statistics:
WULF traded an average of 22.94M shares per day over the past three months and 16.57M shares per day over the past ten days. A total of 240.91M shares are outstanding, with a floating share count of 145.54M. Insiders hold about 39.59% of the company’s shares, while institutions hold 26.05% stake in the company. Shares short for WULF as of Feb 29, 2024 were 33.74M with a Short Ratio of 1.47, compared to 38.95M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.30% and a Short% of Float of 15.02%.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of $0 and a low estimate of -$0.05, while EPS last year was -$0.19. The consensus estimate for the next quarter is $0, with high estimates of $0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between -$0.31 and -$0.36 for the fiscal current year, implying an average EPS of -$0.34. EPS for the following year is $0.08, with 4 analysts recommending between $0.31 and -$0.05.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $26.6M to a low estimate of $22.96M. As of the current estimate, TeraWulf Inc’s year-ago sales were $9.57M, an estimated increase of 152.50% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $34.05M, an increase of 195.20% over than the figure of $152.50% in the same quarter last year. There is a high estimate of $37.8M for the next quarter, whereas the lowest estimate is $30.15M.
A total of 4 analysts have provided revenue estimates for WULF’s current fiscal year. The highest revenue estimate was $72.6M, while the lowest revenue estimate was $68.9M, resulting in an average revenue estimate of $70.12M. In the same quarter a year ago, actual revenue was $15.03M, up 366.40% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $160.19M in the next fiscal year. The high estimate is $222.5M and the low estimate is $112.81M. The average revenue growth estimate for next year is up 128.50% from the average revenue estimate for this year.
