With 59895.0 shares changed hands, the volume of the stock remained lighter than its average volume of 85560.0 shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $13.06 whereas the lowest price it dropped to was $12.84. The 52-week range on SKYH shows that it touched its highest point at $14.52 and its lowest point at $8.26 during that stretch. It currently has a 1-year price target of $20.50. Beta for the stock currently stands at 1.76.
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 SKYH was down-trending over the past week, with a drop of -5.48%, but this was up by 14.31% over a month. Three-month performance surged to 3.03% while six-month performance rose 45.39%. The stock gained 18.93% in the past year, while it has gained 33.95% so far this year. A look at the trailing 12-month EPS for SKYH yields -2.07 with Next year EPS estimates of -0.30. For the next quarter, that number is -0.11. This implies an EPS growth rate of 22.45% for this year and 59.87% for next year.
Float and Shares Shorts:
At present, 25.33 million SKYH shares are outstanding with a float of 16.36 million shares on hand for trading. On 2024-11-29, short shares totaled 1.05 million, which was 356.0 higher than short shares on 1730332800. In addition to Mr. Tal Keinan as the firm’s Chairman & CEO, Mr. Francisco X. Gonzalez serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.15675001 of SKYH’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 2024-09-30, SKYH reported revenue of $4097000.0 and operating income of -$4864000.0. The EBITDA in the recently reported quarter was -$3915000.0 and diluted EPS was -$0.74.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With SKYH analysts setting a high price target of 25.0 and a low target of 15.0, the average target price over the next 12 months is 18.66667. Based on these targets, SKYH could surge 93.2% to reach the target high and rise by 15.92% to reach the target low. Reaching the average price target will result in a growth of 44.26% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.47414 being high and -$0.48586 being low. For SKYH, this leads to a yearly average estimate of -$0.48. 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.
