A share price of Arteris Inc [AIP] is currently trading at $12.25, up 3.03%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AIP shares have gain 15.46% over the last week, with a monthly amount glided 40.32%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Arteris Inc [NASDAQ: AIP] stock has seen the most recent analyst activity on September 01, 2023, when TD Cowen reiterated its Outperform rating and also boosted its price target to $12 from $11. Previously, Cowen reaffirmed its Outperform rating on March 04, 2022, and dropped its price target to $23. On November 22, 2021, Rosenblatt initiated with a Buy rating and assigned a price target of $35 on the stock. Northland Capital started tracking the stock assigning a Outperform rating and suggested a price target of $27 on November 22, 2021. Jefferies initiated its recommendation with a Buy and recommended $33 as its price target on November 22, 2021. Cowen started tracking with a Outperform rating for this stock on November 22, 2021, and assigned it a price target of $30. In a note dated November 22, 2021, BMO Capital Markets initiated an Market Perform rating and provided a target price of $24 on this stock.
Arteris Inc experienced fluctuations in its stock price throughout the past year between $4.83 and $11.90. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Arteris Inc [NASDAQ: AIP] shares were valued at $12.25 at the most recent close of the market. An investor can expect a potential return of 14.29% based on the average AIP price forecast.
Analyzing the AIP fundamentals
Trailing Twelve Months sales for Arteris Inc [NASDAQ:AIP] were 54.74M which represents 10.84% growth. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at -0.62%, Pretax Profit Margin comes in at -0.56%, and Net Profit Margin reading is -0.66%. To continue investigating profitability, this company’s Return on Assets is posted at -0.37, Equity is -4.48 and Total Capital is -0.78. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.
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 11.82 points at the first support level, and at 11.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.53, and for the 2nd resistance point, it is at 12.82.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Arteris Inc [NASDAQ:AIP] is 1.11. In addition, the Quick Ratio stands at 1.11 and the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 9.26, the price to book ratio is 222.52.
Transactions by insiders
Recent insider trading involved LAURENT MOLL, Officer, that happened on Jan 03 ’25 when 18361.0 shares were purchased. Director, WAYNE CANTWELL completed a deal on Jan 03 ’25 to buy 5000.0 shares. Meanwhile, President and CEO JANAC K CHARLES sold 58212.0 shares on Dec 30 ’24.
