With 2.92 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.74 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $4.855 whereas the lowest price it dropped to was $4.6717. The 52-week range on MTTR shows that it touched its highest point at $4.99 and its lowest point at $1.73 during that stretch. It currently has a 1-year price target of $5.50. Beta for the stock currently stands at 1.08.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTTR was up-trending over the past week, with a rise of 5.04%, but this was up by 0.84% over a month. Three-month performance surged to 18.86% while six-month performance rose 6.68%. The stock gained 79.40% in the past year, while it has gained 78.07% so far this year. A look at the trailing 12-month EPS for MTTR yields -0.85 with Next year EPS estimates of 0.02. For the next quarter, that number is -0.01. This implies an EPS growth rate of 75.98% for this year and 128.72% for next year.
Float and Shares Shorts:
At present, 310.06 million MTTR shares are outstanding with a float of 272.05 million shares on hand for trading. On 2024-10-15, short shares totaled 4.13 million, which was 128.999995 higher than short shares on 1726185600. In addition to Mr. Raymond J. Pittman as the firm’s Chairman & CEO, Mr. James Daniel Fay serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.58526003 of MTTR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, MTTR reported revenue of $42216000.0 and operating income of -$50109000.0. The EBITDA in the recently reported quarter was $51652000.0 and diluted EPS was -$0.45.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MTTR since 5 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MTTR analysts setting a high price target of 5.5 and a low target of 5.5, the average target price over the next 12 months is 5.5. Based on these targets, MTTR could surge 14.82% to reach the target high and rise by 14.82% to reach the target low. Reaching the average price target will result in a growth of 14.82% from current levels.
Analysts have provided yearly estimates in a range of -$0.05192535 being high and -$0.05350483 being low. For MTTR, this leads to a yearly average estimate of -$0.052849.
