Waitr Holdings Inc. (NASDAQ:WTRH) has a beta value of -1.79 and has seen 92.25 million shares traded in the last trading session. The company, currently valued at $123.50M, closed the last trade at $1.42 per share which meant it gained $0.39 on the day or 37.86% during that session. The WTRH stock price is -221.83% off its 52-week high price of $4.57 and 43.66% above the 52-week low of $0.80. The 3-month trading volume is 7.73 million shares.
The consensus among analysts is that Waitr Holdings Inc. (WTRH) is a Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.02.
Waitr Holdings Inc. (NASDAQ:WTRH) trade information
Sporting 37.86% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 10/15/21 when the WTRH stock price touched $1.42 or saw a rise of 8.97%. Year-to-date, Waitr Holdings Inc. shares have moved -48.92%, while the 5-day performance has seen it change 69.05%. Over the past 30 days, the shares of Waitr Holdings Inc. (NASDAQ:WTRH) have changed 45.08%.
Wall Street analysts have a consensus price target for the stock at $3.50, which means that the shares’ value could jump 59.43% from current levels. The projected low price target is $3.00 while the price target rests at a high of $4.00. In that case, then, we find that the current price level is -181.69% off the targeted high while a plunge would see the stock gain -111.27% from current levels.
Waitr Holdings Inc. (WTRH) estimates and forecasts
The company’s shares have lost -44.75% over the past 6 months, compared to -0.70% for the industry. Revenue growth from the last financial year stood is estimated to be -4.90%.
2 analysts offering their estimates for the company have set an average revenue estimate of $46 million for the current quarter. 2 have an estimated revenue figure of $48.17 million for the next quarter concluding in Dec 2021. Year-ago sales stood $52.73 million and $46.84 million respectively for this quarter and the next, and analysts expect sales will shrink by -12.80% for the current quarter and 2.80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 229.30% over the past 5 years. Earnings growth for 2021 is a modest 103.60% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.
Waitr Holdings Inc. is expected to release its next earnings report between November 08 and November 12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Waitr Holdings Inc. (NASDAQ:WTRH)’s Major holders
Insiders own 10.05% of the company shares, while shares held by institutions stand at 32.68% with a share float percentage of 36.33%. Investors are also buoyed by the number of investors in a company, with Waitr Holdings Inc. having a total of 119 institutions that hold shares in the company. The top two institutional holders are Luxor Capital Group, LP with over 10.17 million shares worth more than $18.11 million. As of Jun 29, 2021, Luxor Capital Group, LP held 8.67% of shares outstanding.
The other major institutional holder is Portolan Capital Management, LLC, with the holding of over 5.89 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $10.49 million and represent 5.02% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Strategic Advisors Small-Mid Cap Fund and Vanguard Total Stock Market Index Fund. As of Jun 29, 2021, the former fund manager holds about 2.57% shares in the company for having 3.01 million shares of worth $5.36 million while later fund manager owns 2.73 million shares of worth $4.85 million as of Jun 29, 2021, which makes it owner of about 2.32% of company’s outstanding stock.