In last trading session, Waitr Holdings Inc. (NASDAQ:WTRH) saw 15,787,066 shares changing hands. Company’s recent per share price level of $3.65 trading at $0.78 or 26.88% at recent trade assigns it a market valuation of $370.3 Million. That current price of WTRH’s stock is at a discount of -78.08% from its 52-week high price of $6.5 and is indicating a premium of 94.16% from its 52-week low price of $0.213. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.87 Million shares which gives us an average trading volume of 6.52 Million if we extend that period to 3-months.
For Waitr Holdings Inc. (WTRH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2. Splitting up the data highlights that, out of 3 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 3 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Waitr Holdings Inc. (NASDAQ:WTRH) trade information
Wall Street analysts have assigned a consensus price target of $3.33 to the stock, which implies targetted prices is already lagging behind -8.77% to its current value. Analysts have been projecting $2 as a low price target for the stock while placing it at a high target of $4. It follows that stock’s current price would jump +9.59% in reaching the projected high whereas dropping to the targeted low would mean a loss of -45.21% for stock’s current value.
Waitr Holdings Inc. (WTRH) estimates and forecasts
Statistics highlight that Waitr Holdings Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added +750.82% of value to its shares in past 6 months, showing an annual growth rate of NA% while that of industry is NA. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 100% in the current quarter and calculating 100.3% increase in the next quarter. This year revenue growth is estimated to rise 1.2% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $52.19 Million for the same. And 2 analysts are in estimates of company making revenue of $50.29 Million in the next quarter that will end in September 01, 2020. Company posted $51.34 Million and $49.2 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 1.7% while estimating it to be 2.2% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -84.6% while estimates for its earnings growth in next 5 years are of 20%
Waitr Holdings Inc. (NASDAQ:WTRH)’s Major holders
Insiders are in possession of 19.13% of company’s total shares while institution are holding 28.4% percent of that, with stock having share float percentage of 35.12%. Investors also watch the number of corporate investors in a company very closely, which is 100 institutions for Waitr Holdings Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at WTRH for having 3.97 Million shares of worth $4.88 Million. And as of March 30, 2020, it was holding 4.37% of the company’s outstanding shares.
The second largest institutional holder is Jefferies Financial Group Inc., which was holding about 3.9 Million shares on March 30, 2020. The number of shares represents firm’s hold over 4.29% of outstanding shares, having a total worth of $4.79 Million.