In the latest session, View Inc. (NASDAQ: VIEW) closed at $0.51 down -53.64% from its previous closing price of $1.10. In other words, the price has decreased by -$0.5900 from its previous closing price. On the day, 2347963 shares were traded.
Ratios:
For a deeper understanding of View Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.82.
On November 17, 2021, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $6 to $5.
On May 19, 2021, Raymond James started tracking the stock assigning a Outperform rating and target price of $11.Raymond James initiated its Outperform rating on May 19, 2021, with a $11 target price.
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 Nov 30 ’23 when MADRONE CAPITAL PARTNERS, LLC sold 266,368 shares for $0.77 per share. The transaction valued at 205,103 led to the insider holds 60,954 shares of the business.
MADRONE CAPITAL PARTNERS, LLC sold 95,503 shares of VIEW for $117,469 on Nov 29 ’23. The 10% Owner now owns 327,322 shares after completing the transaction at $1.23 per share. On Nov 28 ’23, another insider, MADRONE CAPITAL PARTNERS, LLC, who serves as the 10% Owner of the company, sold 36,832 shares for $1.56 each. As a result, the insider received 57,458 and left with 422,825 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, VIEW now has a Market Capitalization of 4.47M and an Enterprise Value of 185.25M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02. Its current Enterprise Value per Revenue stands at 1.44 whereas that against EBITDA is -0.48.
Stock Price History:
Over the past 52 weeks, VIEW has reached a high of $32.14, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 1.3152, while the 200-Day Moving Average is calculated to be 4.8353.
Shares Statistics:
For the past three months, VIEW has traded an average of 183.66K shares per day and 338.54k over the past ten days. A total of 4.07M shares are outstanding, with a floating share count of 2.73M. Insiders hold about 32.78% of the company’s shares, while institutions hold 31.80% stake in the company. Shares short for VIEW as of Mar 15, 2024 were 96.34k with a Short Ratio of 0.52, compared to 65.15k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.37% and a Short% of Float of 3.96%.
Earnings Estimates
There are 1 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$6.14 for the current quarter, with a high estimate of -$6.14 and a low estimate of -$6.14, while EPS last year was -$18. The consensus estimate for the next quarter is -$6.14, with high estimates of -$6.14 and low estimates of -$6.14.
Analysts are recommending an EPS of between -$37.6 and -$37.6 for the fiscal current year, implying an average EPS of -$37.6. EPS for the following year is -$16.2, with 1 analysts recommending between -$16.2 and -$16.2.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $33.5M this quarter.It ranges from a high estimate of $33.5M to a low estimate of $33.5M. As of the current estimate, View Inc.’s year-ago sales were $44.24M, an estimated decrease of -24.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $25M, an increase of 36.30% over than the figure of -$24.30% in the same quarter last year. There is a high estimate of $25M for the next quarter, whereas the lowest estimate is $25M.
A total of 1 analysts have provided revenue estimates for VIEW’s current fiscal year. The highest revenue estimate was $118.11M, while the lowest revenue estimate was $118.11M, resulting in an average revenue estimate of $118.11M. In the same quarter a year ago, actual revenue was $101.33M, up 16.60% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $157M in the next fiscal year. The high estimate is $157M and the low estimate is $157M. The average revenue growth estimate for next year is up 32.90% from the average revenue estimate for this year.
