Aterian Inc (ATER) Stock Up 16.69%: Latest Performance Analysis

A share price of Aterian Inc [ATER] is currently trading at $0.46, up 16.69%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ATER shares have gain 22.70% over the last week, with a monthly amount glided 46.90%, and seem to be holding up well over a long-time horizon.

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On 29, February 2024, Aterian Sets Date for Fourth Quarter & Full Year 2023 Earnings Announcement & Investor Conference Call. In a post published today on Yahoo Finance, Aterian, Inc. (Nasdaq: ATER) (“Aterian”) announced today that it plans to report its fourth quarter and full year 2023 financial results after the market close on Tuesday, March 12, 2024, and plans to host a conference call for investors and interested parties at 5:00 p.m. ET that evening.

From an analyst’s perspective:

Aterian Inc [NASDAQ: ATER] stock has seen the most recent analyst activity on January 30, 2023, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $3. Previously, ROTH Capital downgraded its rating to Neutral on August 10, 2021, and kept the price target unchanged to $5.50.

Aterian Inc experienced fluctuations in its stock price throughout the past year between $0.26 and $1.21. Currently, Wall Street analysts expect the stock to reach $4.5 within the next 12 months. Aterian Inc [NASDAQ: ATER] shares were valued at $0.46 at the most recent close of the market. An investor can expect a potential return of 878.26% based on the average ATER price forecast.

Analyzing the ATER fundamentals

Trailing Twelve Months sales for Aterian Inc [NASDAQ:ATER] were 164.71M which represents -40.19% decline. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -0.32%, Pretax Profit Margin comes in at -0.53%, and Net Profit Margin reading is -0.53%. To continue investigating profitability, this company’s Return on Assets is posted at -1.06, Equity is -1.29 and Total Capital is -1.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.37.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4001 points at the first support level, and at 0.3450 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5001, and for the 2nd resistance point, it is at 0.5450.

Aterian Inc [ATER] reported earnings per share of -$0.08 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.13/share, meaning a difference of $0.05 and a surprise factor of 38.50%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.45 per share as compared to estimates of -$0.13 per share, a difference of -$0.32 representing a surprise of -246.20%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Aterian Inc [NASDAQ:ATER] is 1.78. In addition, the Quick Ratio stands at 0.96 and the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 0.25, the price to book ratio is 0.97.

Transactions by insiders

Recent insider trading involved Harlam Bari A, Director, that happened on Dec 14 when 51742.0 shares were sold. Chief Technology Officer, Zahut Roi Zion completed a deal on Dec 12 to sell 17114.0 shares. Meanwhile, Director KURTZ WILLIAM sold 6829.0 shares on Nov 16.

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