Fisker Inc. (NYSE:FSR) has seen 5.25 million shares traded in the last trading session. The company, currently valued at $4.19B, closed the last trade at $14.01 per share which meant it lost -$0.14 on the day or -0.99% during that session. The FSR stock price is -128.12% off its 52-week high price of $31.96 and 37.9% above the 52-week low of $8.70. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.97 million shares traded. The 3-month trading volume is 9.95 million shares.
The consensus among analysts is that Fisker Inc. (FSR) is an Overweight stock at the moment, with a recommendation rating of 2.20. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 9 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.22.
Fisker Inc. (NYSE:FSR) trade information
Sporting -0.99% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the FSR stock price touched $14.01 or saw a rise of 3.98%. Year-to-date, Fisker Inc. shares have moved -4.37%, while the 5-day performance has seen it change -0.21%. Over the past 30 days, the shares of Fisker Inc. (NYSE:FSR) have changed -9.79%. Short interest in the company has seen 36.59 million shares shorted with days to cover at 2.41.
Wall Street analysts have a consensus price target for the stock at $23.29, which means that the shares’ value could jump 39.85% from current levels. The projected low price target is $10.00 while the price target rests at a high of $40.00. In that case, then, we find that the current price level is -185.51% off the targeted high while a plunge would see the stock lose 28.62% from current levels.
Fisker Inc. (FSR) estimates and forecasts
Figures show that Fisker Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -35.56% over the past 6 months, with this year growth rate of -135.00%, compared to 14.80% for the industry.
4 analysts offering their estimates for the company have set an average revenue estimate of $27k for the current quarter.
Fisker Inc. is expected to release its next earnings report between July 29 and August 02 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Fisker Inc. (NYSE:FSR)’s Major holders
Insiders own 3.36% of the company shares, while shares held by institutions stand at 46.38% with a share float percentage of 47.99%. Investors are also buoyed by the number of investors in a company, with Fisker Inc. having a total of 223 institutions that hold shares in the company. The top two institutional holders are Apollo Management Holdings, L.P. with over 12.95 million shares worth more than $222.94 million. As of Mar 30, 2021, Apollo Management Holdings, L.P. held 7.94% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 11.22 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $193.13 million and represent 6.88% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of Mar 30, 2021, the former fund manager holds about 2.27% shares in the company for having 3.69 million shares of worth $63.62 million while later fund manager owns 3.18 million shares of worth $54.75 million as of Mar 30, 2021, which makes it owner of about 1.95% of company’s outstanding stock.