Is Safety Shot Inc (SHOT) positioned for future growth?

With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.81 million shares. During the session, the Beverages – Non-Alcoholic company that operates in wider Consumer Defensive sector, reached to the highest price of $0.8926 whereas the lowest price it dropped to was $0.8102. The 52-week range on SHOT shows that it touched its highest point at $6.43 and its lowest point at $0.55 during that stretch. It currently has a 1-year price target of $2.76. Beta for the stock currently stands at 1.75.

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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 SHOT was down-trending over the past week, with a drop of -4.89%, but this was down by -21.29% over a month. Three-month performance dropped to -0.12% while six-month performance fell -23.41%. The stock lost -76.58% in the past year, while it has lost -75.78% so far this year.

Float and Shares Shorts:

At present, 61.14 million SHOT shares are outstanding with a float of 47.48 million shares on hand for trading. On 2024-10-31, short shares totaled 4.42 million, which was 731.0 higher than short shares on 1727654400. In addition to Mr. Jarrett A. Boon as the firm’s CEO & Director, Mr. Jordan Schur serves as its President & Director.

Institutional Ownership:

Through their ownership of 0.10012 of SHOT’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, SHOT reported revenue of $110213.0 and operating income of -$11640507.0. The EBITDA in the recently reported quarter was -$11453657.0 and diluted EPS was -$0.21.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

Analysts have provided yearly estimates in a range of $0.26791 being high and $0.26791 being low. For SHOT, this leads to a yearly average estimate of $0.26791. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.