In the latest session, Allbirds Inc (NASDAQ: BIRD) closed at $0.88 down -0.32% from its previous closing price of $0.88. In other words, the price has decreased by -$0.0028 from its previous closing price. On the day, 660847 shares were traded.
Ratios:
For a deeper understanding of Allbirds Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.04 and its Current Ratio is at 4.60. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.39.
On March 13, 2023, TD Cowen Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $4 to $1.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when Vernachio Joseph sold 23,935 shares for $0.91 per share. The transaction valued at 21,661 led to the insider holds 321,740 shares of the business.
Vernachio Joseph sold 17,341 shares of BIRD for $18,173 on Dec 04 ’23. The Chief Operating Officer now owns 345,675 shares after completing the transaction at $1.05 per share. On Nov 13 ’23, another insider, Mitchell Ann, who serves as the Chief Financial Officer of the company, bought 10,000 shares for $0.68 each. As a result, the insider paid 6,800 and bolstered with 844,101 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, BIRD now has a Market Capitalization of 133.32M and an Enterprise Value of 107.84M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 0.41 whereas that against EBITDA is -1.16.
Stock Price History:
Over the past 52 weeks, BIRD has reached a high of $3.04, while it has fallen to a 52-week low of $0.64. The 50-Day Moving Average of the stock is 1.0375, while the 200-Day Moving Average is calculated to be 1.1437.
Shares Statistics:
For the past three months, BIRD has traded an average of 828.01K shares per day and 561.26k over the past ten days. A total of 96.77M shares are outstanding, with a floating share count of 94.82M. Insiders hold about 37.84% of the company’s shares, while institutions hold 26.19% stake in the company. Shares short for BIRD as of Feb 15, 2024 were 7.59M with a Short Ratio of 9.16, compared to 6.88M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.96% and a Short% of Float of 7.58%.
Earnings Estimates
There are 5 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.21 and a low estimate of -$0.26, while EPS last year was -$0.12. The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.18 and low estimates of -$0.21.
Analysts are recommending an EPS of between -$0.78 and -$0.8 for the fiscal current year, implying an average EPS of -$0.79. EPS for the following year is -$0.69, with 5 analysts recommending between -$0.6 and -$0.8.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $69.06M this quarter.It ranges from a high estimate of $70.48M to a low estimate of $67.2M. As of the current estimate, Allbirds Inc’s year-ago sales were $84.18M, an estimated decrease of -18.00% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $50.48M, a decrease of -7.10% over than the figure of -$18.00% in the same quarter last year. There is a high estimate of $55.44M for the next quarter, whereas the lowest estimate is $48.1M.
A total of 9 analysts have provided revenue estimates for BIRD’s current fiscal year. The highest revenue estimate was $262.5M, while the lowest revenue estimate was $249.2M, resulting in an average revenue estimate of $252.14M. In the same quarter a year ago, actual revenue was $297.77M, down -15.30% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $250.93M in the next fiscal year. The high estimate is $275.7M and the low estimate is $225.9M. The average revenue growth estimate for next year is down -0.50% from the average revenue estimate for this year.
