The closing price of WM Technology Inc (NASDAQ: MAPS) was $1.27 for the day, down -3.05% from the previous closing price of $1.31. In other words, the price has decreased by -$0.0400 from its previous closing price. On the day, 631109 shares were traded. MAPS stock price reached its highest trading level at $1.3800 during the session, while it also had its lowest trading level at $1.2600.
Ratios:
Our analysis of MAPS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 1.74 whereas as Long-Term Debt/Eq ratio is at 1.40.
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 the company, Truist on November 08, 2022, Downgraded its rating to Hold and sets its target price to $2 from $5 previously.
On August 10, 2022, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $10 to $3.20.
Piper Sandler Downgraded its Overweight to Neutral on August 10, 2022, whereas the target price for the stock was revised from $8 to $4.
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 11 ’24 when BAY ANTHONY sold 6,676 shares for $0.88 per share. The transaction valued at 5,875 led to the insider holds 472,828 shares of the business.
Camire Brian sold 44,189 shares of MAPS for $41,551 on Feb 16 ’24. The GENERAL COUNSEL now owns 708,975 shares after completing the transaction at $0.94 per share. On Feb 16 ’24, another insider, Grazier Duncan, who serves as the CHIEF TECHNOLOGY OFFICER of the company, sold 39,382 shares for $0.94 each. As a result, the insider received 37,031 and left with 729,926 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, MAPS now has a Market Capitalization of 119.23M and an Enterprise Value of 126.22M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 5.98. Its current Enterprise Value per Revenue stands at 0.64 whereas that against EBITDA is -15.33.
Stock Price History:
Over the past 52 weeks, MAPS has reached a high of $1.88, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is 1.0081, while the 200-Day Moving Average is calculated to be 1.0464.
Shares Statistics:
MAPS traded an average of 546.30K shares per day over the past three months and 734.15k shares per day over the past ten days. A total of 93.88M shares are outstanding, with a floating share count of 72.84M. Insiders hold about 22.41% of the company’s shares, while institutions hold 30.55% stake in the company. Shares short for MAPS as of Mar 15, 2024 were 1.67M with a Short Ratio of 2.38, compared to 1.32M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.78% and a Short% of Float of 2.00%.
Earnings Estimates
The firm’s stock currently is rated by 2 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0.02 and a low estimate of -$0.01, while EPS last year was -$1.19. The consensus estimate for the next quarter is $0.01, with high estimates of $0.02 and low estimates of $0.
Analysts are recommending an EPS of between -$0.03 and -$0.03 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is $0.08, with 2 analysts recommending between $0.14 and $0.02.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $47.03M to a low estimate of $47M. As of the current estimate, WM Technology Inc’s year-ago sales were $49.28M, an estimated decrease of -4.60% from the year-ago figure.
A total of 3 analysts have provided revenue estimates for MAPS’s current fiscal year. The highest revenue estimate was $193.64M, while the lowest revenue estimate was $193.6M, resulting in an average revenue estimate of $193.62M. In the same quarter a year ago, actual revenue was $215.53M, down -10.20% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $196.16M in the next fiscal year. The high estimate is $198M and the low estimate is $194M. The average revenue growth estimate for next year is up 1.30% from the average revenue estimate for this year.
