Blue Apron Holdings Inc. (NYSE:APRN)’s traded shares stood at 2.56 million during the last session, with the company’s beta value hitting -2.88. At the close of trading, the stock’s price was $0.76, to imply a decrease of -2.57% or -$0.01 in intraday trading. The APRN share’s 52-week high remains $8.22, putting it -981.58% down since that peak but still an impressive 19.74% since price per share fell to its 52-week low of $0.61. The company has a valuation of $30.42M, with an average of 1.98 million shares in intraday trading volume over the past 10 days and average of 8.10 million shares over the past 3 months.
Blue Apron Holdings Inc. (NYSE:APRN) trade information
After registering a -2.57% downside in the last session, Blue Apron Holdings Inc. (APRN) has traded red over the past five days. The stock hit a weekly high of 0.8549 this Wednesday, 03/15/23, dropping -2.57% in its intraday price action. The 5-day price performance for the stock is -8.37%, and -23.41% over 30 days. With these gigs, the year-to-date price performance is -9.02%. Short interest in Blue Apron Holdings Inc. (NYSE:APRN) saw shorts transact 5.51 million shares and set a 0.47 days time to cover.
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Blue Apron Holdings Inc. (APRN) estimates and forecasts
Revenue is forecast to grow 17.20% this quarter before jumping 49.60% for the next one. The rating firms project that company’s revenue will shrink -3.80% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is $100.96 million. Meanwhile, for the quarter ending Mar 2023, a total of 2 analyst(s) estimate revenue growth to $109.05 million.Earnings reports from the last fiscal year show that sales brought in $107.01 million and $117.75 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -5.70% before dropping -7.40% in the following quarter.
APRN Dividends
Blue Apron Holdings Inc. has its next earnings report out on March 16. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Blue Apron Holdings Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Blue Apron Holdings Inc. (NYSE:APRN)’s Major holders
Blue Apron Holdings Inc. insiders hold 59.37% of total outstanding shares, with institutional holders owning 13.65% of the shares at 33.59% float percentage. In total, 13.65% institutions holds shares in the company, led by Wolf Hill Capital Management, LP. As of Sep 29, 2022, the company held over 0.95 million shares (or 2.40% of shares), all amounting to roughly $5.5 million.
The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 0.56 million shares, or about 1.41% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $3.23 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Blue Apron Holdings Inc. (APRN) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 0.21 million shares. This is just over 0.53% of the total shares, with a market valuation of $1.22 million. Data from the same date shows that the other fund manager holds a little less at 0.19 million, or 0.49% of the shares, all valued at about 1.12 million.