During the last session, Waitr Holdings Inc. (NASDAQ:WTRH)’s traded shares were 3.04 million, with the beta value of the company hitting -0.46. At the end of the trading day, the stock’s price was $0.16, reflecting an intraday gain of 8.06% or $0.01. The 52-week high for the WTRH share is $2.28, that puts it down -1325.0 from that peak though still a striking 12.5% gain since the share price plummeted to a 52-week low of $0.14. The company’s market capitalization is $22.95M, and the average intraday trading volume over the past 10 days was 3.89 million shares, and the average trade volume was 2.58 million shares over the past three months.
Waitr Holdings Inc. (WTRH) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.50. WTRH has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.03.
Waitr Holdings Inc. (NASDAQ:WTRH) trade information
Waitr Holdings Inc. (WTRH) registered a 8.06% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.06% in intraday trading to $0.16 this Thursday, 06/23/22, hitting a weekly high. The stock’s 5-day price performance is 11.78%, and it has moved by -20.36% in 30 days. Based on these gigs, the overall price performance for the year is -91.46%. The short interest in Waitr Holdings Inc. (NASDAQ:WTRH) is 7.65 million shares and it means that shorts have 2.97 day(s) to cover.
Waitr Holdings Inc. (WTRH) estimates and forecasts
Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 40.00% this quarter and then drop -133.30% in the quarter after that. In the rating firms’ projections, revenue will decrease -25.70% compared to the previous financial year.
Revenue for the current quarter is expected to be $34 million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $34 million by the end of Sep 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 46.80%. While earnings are projected to return -129.60% in 2022, the next five years will return 20.00% per annum.
Waitr Holdings Inc. is due to release its next quarterly earnings between March 07 and March 11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Waitr Holdings Inc. (NASDAQ:WTRH)’s Major holders
Waitr Holdings Inc. insiders own 3.56% of total outstanding shares while institutional holders control 12.90%, with the float percentage being 13.38%. Morgan Stanley is the largest shareholder of the company, while 77 institutions own stock in it. As of Dec 30, 2021, the company held over 11.32 million shares (or 7.19% of all shares), a total value of $8.38 million in shares.
The next largest institutional holding, with 11.32 million shares, is of Morgan Stanley’s that is approximately 7.15% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $8.38 million.
Also, the Mutual Funds coming in first place with the largest holdings of Waitr Holdings Inc. (WTRH) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Dec 30, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 3.54 million shares. This amounts to just over 2.24 percent of the company’s overall shares, with a $2.62 million market value. The same data shows that the other fund manager holds slightly less at 1.42 million, or about 0.89% of the stock, which is worth about $1.05 million.