With 87196.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.12 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $6.63 whereas the lowest price it dropped to was $6.52. The 52-week range on ONTF shows that it touched its highest point at $8.35 and its lowest point at $5.37 during that stretch. It currently has a 1-year price target of $7.67. ONTF paid its most recent dividend on 1684454400, while the ex-dividend date for that was 1684454400. Beta for the stock currently stands at 0.50.
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 ONTF was up-trending over the past week, with a rise of 1.55%, but this was down by -1.06% over a month. Three-month performance surged to 8.43% while six-month performance rose 12.33%. The stock lost -6.95% in the past year, while it has gained 1.55% so far this year. A look at the trailing 12-month EPS for ONTF yields -1.03 with Next year EPS estimates of 0.08. For the next quarter, that number is 0.02. This implies an EPS growth rate of 6.67% for this year and -12.50% for next year.
Float and Shares Shorts:
At present, 42.03 million ONTF shares are outstanding with a float of 35.81 million shares on hand for trading. On 2024-12-13, short shares totaled 0.36 million, which was 86.0 higher than short shares on 1731628800. In addition to Mr. Sharat Sharan as the firm’s Founder, President, CEO & Chair of the Board, Mr. Jayesh Sahasi serves as its Executive VP of Product & CTO.
Institutional Ownership:
Through their ownership of 0.71055 of ONTF’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, ONTF reported revenue of $36325000.0 and operating income of -$13345000.0. The EBITDA in the recently reported quarter was -$9840000.0 and diluted EPS was -$0.27.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With ONTF analysts setting a high price target of 9.0 and a low target of 7.0, the average target price over the next 12 months is 7.66667. Based on these targets, ONTF could surge 37.2% to reach the target high and rise by 6.71% to reach the target low. Reaching the average price target will result in a growth of 16.87% 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 $0.09763082 being high and $0.0864 being low. For ONTF, this leads to a yearly average estimate of $0.096.
