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The closing price of Azenta Inc (NASDAQ: AZTA) was $42.62 for the day, down -4.23% from the previous closing price of $44.51. In other words, the price has decreased by -$4.23 from its previous closing price. On the day, 0.77 million shares were traded. AZTA stock price reached its highest trading level at $45.405 during the session, while it also had its lowest trading level at $41.94.
Ratios:
Our analysis of AZTA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.94. For the most recent quarter (mrq), Quick Ratio is recorded 3.50 and its Current Ratio is at 4.07. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 April 04, 2024, initiated with a Hold rating and assigned the stock a target price of $64.
On February 01, 2024, B. Riley Securities reiterated its Buy rating and also lowered its target price recommendation from $61 to $79.
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 Oct 17 ’24 when Cueto Herman sold 1,595 shares for $43.68 per share. The transaction valued at 69,670 led to the insider holds 24,604 shares of the business.
JASON JOSEPH bought 1,000 shares of AZTA for $62,050 on Aug 01 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AZTA now has a Market Capitalization of 2085027456 and an Enterprise Value of 1539125888. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.18 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 2.345 whereas that against EBITDA is 75.914.
Stock Price History:
Over the past 52 weeks, AZTA has reached a high of $69.16, while it has fallen to a 52-week low of $40.24. The 50-Day Moving Average of the stock is -6.70%, while the 200-Day Moving Average is calculated to be -20.30%.
Shares Statistics:
AZTA traded an average of 570.67K shares per day over the past three months and 663230 shares per day over the past ten days. A total of 48.92M shares are outstanding, with a floating share count of 47.81M. Insiders hold about 2.25% of the company’s shares, while institutions hold 100.13% stake in the company. Shares short for AZTA as of 1730332800 were 4344298 with a Short Ratio of 7.61, compared to 1727654400 on 4806076. Therefore, it implies a Short% of Shares Outstanding of 4344298 and a Short% of Float of 12.97.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.83.
