A share price of T1 Energy Inc [TE] is currently trading at $1.23, up 8.85%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TE shares have gain 14.95% over the last week, with a monthly amount drifted -15.75%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
T1 Energy Inc [NYSE: TE] stock has seen the most recent analyst activity on December 20, 2024, when BTIG Research upgraded its rating to a Buy but kept the price target unchanged to $4 for it. Previously, Morgan Stanley downgraded its rating to Equal-Weight on November 14, 2023, and dropped its price target to $2. On November 10, 2023, downgrade downgraded it’s rating to Neutral. TD Cowen downgraded its rating to a Market Perform and decreased its price target to $7 on October 25, 2023. Goldman downgraded its rating to a Neutral and reduced its price target to $10 on July 18, 2023. Morgan Stanley upgraded its rating to Overweight for this stock on June 29, 2023, but kept the price target unchanged to $13. In a note dated February 10, 2023, BofA Securities initiated an Buy rating and provided a target price of $13 on this stock.
T1 Energy Inc experienced fluctuations in its stock price throughout the past year between $0.91 and $3.36. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. T1 Energy Inc [NYSE: TE] shares were valued at $1.23 at the most recent close of the market. An investor can expect a potential return of 1444.72% based on the average TE price forecast.
Analyzing the TE fundamentals
Gross Profit Margin for this corporation currently stands at -0.71% with Operating Profit Margin at -25.19%, Pretax Profit Margin comes in at -27.33%, and Net Profit Margin reading is -153.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.34, Equity is -0.96 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.04.
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 1.1544 points at the first support level, and at 1.0788 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2728, and for the 2nd resistance point, it is at 1.3156.
Ratios To Look Out For
To put it in perspective, the Current Ratio for T1 Energy Inc [NYSE:TE] is 1.41. As well, the Quick Ratio is 0.35, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 65.24, the price to book ratio is 1.02.
Transactions by insiders
Recent insider trading involved Slettemoen Tore Ivar, Director, that happened on Dec 18 ’24 when 0.39 million shares were sold. Director, Slettemoen Tore Ivar completed a deal on Dec 13 ’24 to sell 0.6 million shares. Meanwhile, Director Slettemoen Tore Ivar sold 0.54 million shares on Dec 17 ’24.
