A History of Outperforming Analyst Forecasts and Beating the Odds: Volato Group Inc (SOAR)

With 3.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 17.28 million shares. During the session, the Airports & Air Services company that operates in wider Industrials sector, reached to the highest price of $0.27 whereas the lowest price it dropped to was $0.2441. The 52-week range on SOAR shows that it touched its highest point at $4.50 and its lowest point at $0.17 during that stretch. Beta for the stock currently stands at 0.94.

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 SOAR was up-trending over the past week, with a rise of 10.97%, but this was down by -0.74% over a month. Three-month performance dropped to -47.37% while six-month performance fell -48.21%. The stock lost -92.35% in the past year, while it has lost -92.85% so far this year.

Float and Shares Shorts:

At present, 29.53 million SOAR shares are outstanding with a float of 14.90 million shares on hand for trading. On 2024-10-31, short shares totaled 0.15 million, which was 50.0 higher than short shares on 1727654400. In addition to Mr. Matthew Dennis Liotta as the firm’s Co-Founder, CEO & Chairman of the Board, Mr. Nicholas Cooper serves as its Co-Founder, Chief Commercial Officer & Director.

Institutional Ownership:

Through their ownership of 0.12042 of SOAR’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, SOAR reported revenue of $40269000.0 and operating income of $1852000.0. The EBITDA in the recently reported quarter was $1908000.0 and diluted EPS was -$0.15.

Analysts Ratings:

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

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.