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The closing price of Seer Inc (NASDAQ: SEER) was $1.67 for the day, up 0.60% from the previous closing price of $1.66. In other words, the price has increased by $0.60 from its previous closing price. On the day, 0.73 million shares were traded. SEER stock price reached its highest trading level at $1.72 during the session, while it also had its lowest trading level at $1.61.
Ratios:
Our analysis of SEER’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 24.66 and its Current Ratio is at 25.00. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
On January 04, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $9 to $6.50.
JP Morgan Downgraded its Overweight to Neutral on August 11, 2022, whereas the target price for the stock was revised from $20 to $12.
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 Mar 07 ’24 when Farokhzad Omid sold 52,857 shares for $2.03 per share. The transaction valued at 107,421 led to the insider holds 1,436,285 shares of the business.
Kogan Elona sold 12,684 shares of SEER for $20,024 on Feb 22 ’24. The CHIEF LEGAL OFFICER now owns 273,142 shares after completing the transaction at $1.58 per share. On Feb 22 ’24, another insider, Horn David R., who serves as the PRESIDENT & CFO of the company, sold 12,684 shares for $1.58 each. As a result, the insider received 20,024 and left with 480,511 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, SEER now has a Market Capitalization of 108171240 and an Enterprise Value of -179793792. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.60 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at -10.791 whereas that against EBITDA is 1.837.
Stock Price History:
The Beta on a monthly basis for SEER is 1.62, which has changed by -0.52824855 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, SEER has reached a high of $5.65, while it has fallen to a 52-week low of $1.46. The 50-Day Moving Average of the stock is -7.27%, while the 200-Day Moving Average is calculated to be -27.06%.
Shares Statistics:
SEER traded an average of 468.63K shares per day over the past three months and 600330 shares per day over the past ten days. A total of 60.25M shares are outstanding, with a floating share count of 46.30M. Insiders hold about 28.51% of the company’s shares, while institutions hold 50.04% stake in the company. Shares short for SEER as of 1711584000 were 2758829 with a Short Ratio of 5.89, compared to 1709164800 on 2345373. Therefore, it implies a Short% of Shares Outstanding of 2758829 and a Short% of Float of 5.45.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of $-0.3 for the current quarter, with a high estimate of $-0.27 and a low estimate of $-0.34, while EPS last year was $-0.38. The consensus estimate for the next quarter is $-0.31, with high estimates of $-0.27 and low estimates of $-0.34.
Analysts are recommending an EPS of between $-1.09 and $-1.35 for the fiscal current year, implying an average EPS of $-1.19. EPS for the following year is $-1.13, with 3 analysts recommending between $-1.03 and $-1.33.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $4M to a low estimate of $3.6M. As of the current estimate, Seer Inc’s year-ago sales were $4.05M, an estimated decrease of -6.20% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $4.15M, an increase of 3.50% over than the figure of $-6.20% in the same quarter last year. There is a high estimate of $4.3M for the next quarter, whereas the lowest estimate is $4M.
A total of 3 analysts have provided revenue estimates for SEER’s current fiscal year. The highest revenue estimate was $19.09M, while the lowest revenue estimate was $18.7M, resulting in an average revenue estimate of $18.93M. In the same quarter a year ago, actual revenue was $16.66M, up 13.60% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $28.49M in the next fiscal year. The high estimate is $29.57M and the low estimate is $26.9M. The average revenue growth estimate for next year is up 50.50% from the average revenue estimate for this year.
