AEye Inc [LIDR] stock is trading at $1.20, up 1.69%. An important factor to consider is whether the stock is rising or falling in short-term value.
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From an analyst’s perspective:
AEye Inc [NASDAQ: LIDR] stock has seen the most recent analyst activity on November 11, 2021, when DA Davidson initiated its Buy rating and assigned the stock a price target of $15. Previously, ROTH Capital started tracking the stock with Buy rating on October 25, 2021, and set its price target to $15. On September 23, 2021, Guggenheim initiated with a Buy rating and assigned a price target of $14 on the stock.
AEye Inc [LIDR] stock has fluctuated between $0.92 and $24.00 over the past year. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. AEye Inc [NASDAQ: LIDR] shares were valued at $1.20 at the most recent close of the market. An investor can expect a potential return of 900.0% based on the average LIDR price forecast.
Analyzing the LIDR fundamentals
AEye Inc [NASDAQ:LIDR] reported sales of 1.46M for the trailing twelve months, which represents a drop of -93.68%. Gross Profit Margin for this corporation currently stands at -9.46% with Operating Profit Margin at -53.13%, Pretax Profit Margin comes in at -59.47%, and Net Profit Margin reading is -59.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.6, Equity is -1.56 and Total Capital is -1.76. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
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 1.1493 points at the first support level, and at 1.0987 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2414, and for the 2nd resistance point, it is at 1.2829.
AEye Inc [LIDR] reported earnings per share of -$1.1 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$1.2/share, meaning a difference of $0.1 and a surprise factor of 8.30%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were -$1.5 per share as compared to estimates of -$1.8 per share, a difference of $0.3 representing a surprise of 16.70%.
Ratios To Look Out For
For context, AEye Inc’s Current Ratio is 3.96. On the other hand, the Quick Ratio is 3.90, and the Cash Ratio is 1.69. Considering the valuation of this stock, the price to sales ratio is 5.34, the price to book ratio is 0.26.
Transactions by insiders
Recent insider trading involved Dussan Luis, Director, that happened on Dec 01 ’23 when 32778.0 shares were sold. Director, Dussan Luis completed a deal on Nov 30 ’23 to sell 64109.0 shares. Meanwhile, Director Dussan Luis sold 87054.0 shares on Nov 29 ’23.
