In the latest session, Fisker Inc (NYSE: FSR) closed at $0.12 down -4.22% from its previous closing price of $0.13. In other words, the price has decreased by -$0.0055 from its previous closing price. On the day, 180397986 shares were traded.
Ratios:
For a deeper understanding of Fisker Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 16.37 whereas as Long-Term Debt/Eq ratio is at 16.18.
TD Cowen Downgraded its Outperform to Market Perform on January 17, 2024, whereas the target price for the stock was revised from $11 to $1.
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 28 ’23 when Huhnke Burkhard J. sold 10,280 shares for $5.93 per share. The transaction valued at 60,960 led to the insider holds 25,493 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FSR now has a Market Capitalization of 73.52M and an Enterprise Value of 1.05B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at 3.86 whereas that against EBITDA is -1.42.
Stock Price History:
Over the past 52 weeks, FSR has reached a high of $7.22, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 0.6216, while the 200-Day Moving Average is calculated to be 3.7103.
Shares Statistics:
For the past three months, FSR has traded an average of 80.49M shares per day and 217.1M over the past ten days. A total of 535.17M shares are outstanding, with a floating share count of 397.77M. Insiders hold about 25.67% of the company’s shares, while institutions hold 18.57% stake in the company. Shares short for FSR as of Feb 29, 2024 were 100.6M with a Short Ratio of 1.25, compared to 106.05M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 17.08% and a Short% of Float of 22.22%.
Earnings Estimates
There are 2 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.16 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.24, while EPS last year was -$0.38. The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.08 and low estimates of -$0.24.
Analysts are recommending an EPS of between -$0.25 and -$0.81 for the fiscal current year, implying an average EPS of -$0.45. EPS for the following year is -$0.36, with 4 analysts recommending between -$0.2 and -$0.63.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $145.23M this quarter.It ranges from a high estimate of $215.2M to a low estimate of $59M. As of the current estimate, Fisker Inc’s year-ago sales were $14.35M, an estimated increase of 912.10% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $228.12M, an increase of 27,550.90% over than the figure of $912.10% in the same quarter last year. There is a high estimate of $269.1M for the next quarter, whereas the lowest estimate is $177M.
A total of 6 analysts have provided revenue estimates for FSR’s current fiscal year. The highest revenue estimate was $1.27B, while the lowest revenue estimate was $940.8M, resulting in an average revenue estimate of $1.1B. In the same quarter a year ago, actual revenue was $272.89M, up 302.20% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $2.2B in the next fiscal year. The high estimate is $3.88B and the low estimate is $1.14B. The average revenue growth estimate for next year is up 100.60% from the average revenue estimate for this year.
