With 2.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.79 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $26.73 whereas the lowest price it dropped to was $25.81. The 52-week range on AI shows that it touched its highest point at $38.30 and its lowest point at $18.85 during that stretch. It currently has a 1-year price target of $25.50. Beta for the stock currently stands at 1.79.
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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 AI was down-trending over the past week, with a drop of -5.85%, but this was up by 3.39% over a month. Three-month performance surged to 7.93% while six-month performance rose 0.11%. The stock lost -8.58% in the past year, while it has lost -7.56% so far this year. A look at the trailing 12-month EPS for AI yields -2.29 with Next year EPS estimates of -0.34. For the next quarter, that number is -0.16. This implies an EPS growth rate of -14.73% for this year and 37.23% for next year.
Float and Shares Shorts:
At present, 120.21 million AI shares are outstanding with a float of 109.89 million shares on hand for trading. On 2024-10-31, short shares totaled 23.15 million, which was 1822.0 higher than short shares on 1727654400. In addition to Mr. Thomas M. Siebel as the firm’s Founder, CEO & Chairman of the Board, Mr. Hitesh Lath serves as its Senior VP & CFO.
Institutional Ownership:
Through their ownership of 0.49995998 of AI’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 2024-07-31, AI reported revenue of $87213000.0 and operating income of -$72586000.0. The EBITDA in the recently reported quarter was -$69467000.0 and diluted EPS was -$0.5.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AI since 11 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 4 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 AI analysts setting a high price target of 40.0 and a low target of 15.0, the average target price over the next 12 months is 24.1875. Based on these targets, AI could surge 50.72% to reach the target high and fall by -43.48% to reach the target low. Reaching the average price target will result in a decline of -8.86% from current levels.
Analysts have provided yearly estimates in a range of -$0.63318 being high and -$0.69254 being low. For AI, this leads to a yearly average estimate of -$0.66286.
