SI-BONE Inc (NASDAQ: SIBN) closed the day trading at $17.35 down -2.31% from the previous closing price of $17.76. In other words, the price has decreased by -$0.41 from its previous closing price. On the day, 1082242 shares were traded.
Ratios:
For a better understanding of SIBN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.15 and its Current Ratio is at 9.01. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.22.
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, Jefferies on October 12, 2022, initiated with a Buy rating and assigned the stock a target price of $20.
On June 08, 2021, Citigroup started tracking the stock assigning a Buy rating and target price of $40.Citigroup initiated its Buy rating on June 08, 2021, with a $40 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 Feb 16 when FRANCIS LAURA sold 38,587 shares for $20.95 per share. The transaction valued at 808,591 led to the insider holds 501,476 shares of the business.
RECUPERO ANTHONY J sold 7,822 shares of SIBN for $163,910 on Feb 16. The President, Commercial Ops now owns 259,090 shares after completing the transaction at $20.95 per share. On Feb 16, another insider, Maheshwari Anshul, who serves as the Chief Financial Officer of the company, sold 7,336 shares for $20.96 each. As a result, the insider received 153,726 and left with 207,941 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, SIBN now has a Market Capitalization of 702.69M and an Enterprise Value of 575.67M. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.06 while its Price-to-Book (P/B) ratio in mrq is 4.17. Its current Enterprise Value per Revenue stands at 4.14 whereas that against EBITDA is -14.44.
Stock Price History:
The Beta on a monthly basis for SIBN is 1.21, which has changed by -11.20% over the last 52 weeks, in comparison to a change of 27.55% over the same period for the S&P500. Over the past 52 weeks, SIBN has reached a high of $29.51, while it has fallen to a 52-week low of $15.57. The 50-Day Moving Average of the stock is 20.19, while the 200-Day Moving Average is calculated to be 21.71.
Shares Statistics:
Over the past 3-months, SIBN traded about 436.10K shares per day on average, while over the past 10 days, SIBN traded about 586.7k shares per day. A total of 40.69M shares are outstanding, with a floating share count of 36.45M. Insiders hold about 10.01% of the company’s shares, while institutions hold 91.72% stake in the company. Shares short for SIBN as of Feb 15, 2024 were 1.95M with a Short Ratio of 4.48, compared to 1.64M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.82% and a Short% of Float of 5.44%.
Earnings Estimates
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of -$0.31 for the current quarter, with a high estimate of -$0.26 and a low estimate of -$0.37, while EPS last year was -$0.32. The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.19 and low estimates of -$0.32.
Analysts are recommending an EPS of between -$0.93 and -$1.14 for the fiscal current year, implying an average EPS of -$1. EPS for the following year is -$0.77, with 8 analysts recommending between -$0.48 and -$1.03.
Revenue Estimates
6 analysts predict $36.44M in revenue for the current quarter. It ranges from a high estimate of $37M to a low estimate of $36.22M. As of the current estimate, SI-BONE Inc’s year-ago sales were $32.71M, an estimated increase of 11.40% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $39.47M, an increase of 26.50% over than the figure of $11.40% in the same quarter last year. There is a high estimate of $40.79M for the next quarter, whereas the lowest estimate is $39M.
A total of 8 analysts have provided revenue estimates for SIBN’s current fiscal year. The highest revenue estimate was $164.38M, while the lowest revenue estimate was $162.38M, resulting in an average revenue estimate of $163.34M. In the same quarter a year ago, actual revenue was $138.89M, up 17.60% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $192.83M in the next fiscal year. The high estimate is $197.14M and the low estimate is $187.38M. The average revenue growth estimate for next year is up 18.10% from the average revenue estimate for this year.
