At the time of writing, Aterian Inc [ATER] stock is trading at $3.05, up 11.31%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ATER shares have gain 24.49% over the last week, with a monthly amount glided 510.37%, and seem to be holding up well over a long-time horizon.
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On 9, April 2024, Aterian Partners with Mercado Libre, Latin America’s Leading E-Commerce Platform. In a post published today on Yahoo Finance, Begins Sales on Mercado Libre’s Mexico Marketplace.
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.
For the past year, the stock price of Aterian Inc fluctuated between $0.23 and $3.95. Currently, Wall Street analysts expect the stock to reach $4.5 within the next 12 months. Aterian Inc [NASDAQ: ATER] shares were valued at $3.05 at the most recent close of the market. An investor can expect a potential return of 47.54% based on the average ATER price forecast.
Analyzing the ATER fundamentals
According to Aterian Inc [NASDAQ:ATER], the company’s sales were 142.56M for trailing twelve months, which represents an -40.34% plunge. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.53%, and Net Profit Margin reading is -0.52%. To continue investigating profitability, this company’s Return on Assets is posted at -1.21, Equity is -1.46 and Total Capital is -1.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
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 2.45 points at the first support level, and at 1.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.80, and for the 2nd resistance point, it is at 4.55.
Aterian Inc [ATER] reported earnings per share of -$1.2 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$1.59/share, meaning a difference of $0.39 and a surprise factor of 24.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.96 per share as compared to estimates of -$1.56 per share, a difference of $0.6 representing a surprise of 38.50%.
Ratios To Look Out For
It is important to note that Aterian Inc [NASDAQ:ATER] has a current ratio of 1.95. Further, the Quick Ratio stands at 1.15, while the Cash Ratio is 0.87. Considering the valuation of this stock, the price to sales ratio is 0.16, the price to book ratio is 0.64.
Transactions by insiders
Recent insider trading involved Zahut Roi Zion, Chief Technology Officer, that happened on Mar 13 ’24 when 20082.0 shares were sold. Director, Harlam Bari A completed a deal on Dec 14 ’23 to sell 51742.0 shares. Meanwhile, Chief Technology Officer Zahut Roi Zion sold 17114.0 shares on Dec 12 ’23.
