In last trading session, 1847 Goedeker Inc. (AMEX:GOED) saw 1.52 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $2.22 trading at -$0.01 or -0.45% at ring of the bell on the day assigns it a market valuation of $236.19M. That closing price of GOED’s stock is at a discount of -657.66% from its 52-week high price of $16.82 and is indicating a premium of 20.27% from its 52-week low price of $1.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.89 million shares which gives us an average trading volume of 2.53 million if we extend that period to 3-months.
For 1847 Goedeker Inc. (GOED), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.05 in the current quarter.
1847 Goedeker Inc. (AMEX:GOED) trade information
Upright in the red during last session for losing -0.45%, in the last five days GOED remained trading in the red while hitting it’s week-highest on Friday, 01/07/22 when the stock touched $2.22 price level, adding 4.31% to its value on the day. 1847 Goedeker Inc.’s shares saw a change of -7.50% in year-to-date performance and have moved -2.20% in past 5-day. 1847 Goedeker Inc. (AMEX:GOED) showed a performance of -3.06% in past 30-days. Number of shares sold short was 8.51 million shares which calculate 2.67 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $12.00 to the stock, which implies a rise of 81.5% to its current value. Analysts have been projecting $12.00 as a low price target for the stock while placing it at a high target of $12.00. It follows that stock’s current price would drop -440.54% in reaching the projected high whereas dropping to the targeted low would mean a loss of -440.54% for stock’s current value.
1847 Goedeker Inc. (GOED) estimates and forecasts
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $145 million for the same.
1847 Goedeker Inc. is more likely to be releasing its next quarterly report between March 28 and April 01 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
1847 Goedeker Inc. (AMEX:GOED)’s Major holders
Insiders are in possession of 4.54% of company’s total shares while institution are holding 47.43 percent of that, with stock having share float percentage of 49.68%. Investors also watch the number of corporate investors in a company very closely, which is 47.43% institutions for 1847 Goedeker Inc. that are currently holding shares of the company. Kanen Wealth Management LLC is the top institutional holder at GOED for having 5.63 million shares of worth $17.68 million. And as of Sep 29, 2021, it was holding 5.29% of the company’s outstanding shares.
The second largest institutional holder is Cannell Capital LLC, which was holding about 5.24 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 4.92% of outstanding shares, having a total worth of $16.44 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 2.94 million shares of worth $9.23 million or 2.76% of the total outstanding shares. The later fund manager was in possession of 1.4 million shares on Sep 29, 2021, making its stake of worth around $4.4 million in the company or a holder of 1.32% of company’s stock.