At the time of writing, Matterport Inc [MTTR] stock is trading at $5.28, down -0.38%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MTTR shares have gain 2.33% over the last week, with a monthly amount glided 7.76%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Matterport Inc [NASDAQ: MTTR] stock has seen the most recent analyst activity on April 11, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $3.50. On October 23, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $2 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $3 on January 23, 2023. Wolfe Research initiated its recommendation with a Peer Perform. Wedbush downgraded its rating to Neutral for this stock on May 03, 2022, and downed its price target to $6. In a note dated April 19, 2022, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $9 on this stock.
For the past year, the stock price of Matterport Inc fluctuated between $1.73 and $5.36. Currently, Wall Street analysts expect the stock to reach $6.67 within the next 12 months. Matterport Inc [NASDAQ: MTTR] shares were valued at $5.28 at the most recent close of the market. An investor can expect a potential return of 26.33% based on the average MTTR price forecast.
Analyzing the MTTR fundamentals
According to Matterport Inc [NASDAQ:MTTR], the company’s sales were 165.43M for trailing twelve months, which represents an 7.75% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -1.06%, Pretax Profit Margin comes in at -1.57%, and Net Profit Margin reading is -1.57%. To continue investigating profitability, this company’s Return on Assets is posted at -0.47, Equity is -0.56 and Total Capital is -0.43. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 5.25 points at the first support level, and at 5.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.32, and for the 2nd resistance point, it is at 5.35.
Ratios To Look Out For
It is important to note that Matterport Inc [NASDAQ:MTTR] has a current ratio of 2.78. Also, the Quick Ratio is 2.72, while the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 10.31, the price to book ratio is 4.19.
Transactions by insiders
Recent insider trading involved Presunka Peter, Chief Accounting Officer, that happened on Dec 02 ’24 when 13000.0 shares were sold. Chief Legal Officer, Zinn Matthew completed a deal on Dec 02 ’24 to sell 84441.0 shares. Meanwhile, Chief Technology Officer Tulsi Japjit sold 85015.0 shares on Dec 02 ’24.
