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Fluent Inc. (NASDAQ: FLNT) Down -35.86% YTD: Any Troubles Ahead?

Fluent Inc. (NASDAQ:FLNT)’s traded shares stood at 1.01 million during the latest session, with the company’s beta value hitting 2.43. At the last check today, the stock’s price was $0.70, to imply a decrease of -38.67% or -$0.44 in intraday trading. The FLNT share’s 52-week high remains $2.36, putting it -237.14% down since that peak but still an impressive -37.14% since price per share fell to its 52-week low of $0.96. The company has a valuation of $101.85M, with an average of 0.13 million shares in intraday trading volume over the past 10 days and average of 129.09K shares over the past 3 months.

Analysts have given a consensus recommendation of a Buy for Fluent Inc. (FLNT), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give FLNT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.

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Fluent Inc. (NASDAQ:FLNT) trade information

After registering a -38.67% downside in the latest session, Fluent Inc. (FLNT) has traded red over the past five days. The stock hit a weekly high of 1.5486 this Wednesday, 03/15/23, dropping -38.67% in its intraday price action. The 5-day price performance for the stock is -54.00%, and -57.63% over 30 days. With these gigs, the year-to-date price performance is -35.86%. Short interest in Fluent Inc. (NASDAQ:FLNT) saw shorts transact 0.34 million shares and set a 2.32 days time to cover.

Fluent Inc. (FLNT) estimates and forecasts

Looking at statistics comparing Fluent Inc. share performance against respective industry, we note that the company has outperformed competitors. Fluent Inc. (FLNT) shares are -52.76% down over the last 6 months, with its year-to-date growth rate higher than industry average at 0.00% against -8.50%. Revenue is forecast to grow 100.00% this quarter before jumping 104.30% for the next one. The rating firms project that company’s revenue will grow 7.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is $90.9 million. Meanwhile, for the quarter ending Jun 2023, a total of 1 analyst(s) estimate revenue growth to $98.5 million.Earnings reports from the last fiscal year show that sales brought in $89.06 million and $98.36 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 2.10% before jumping 0.10% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 28.10% for the past 5-year period. While 2023 is set for a -553.20% return in earnings, projections for the next 5 years are at 40.00% annually.

FLNT Dividends

Fluent Inc. has its next earnings report out between May 08 and May 12. 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. Fluent 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%.

Fluent Inc. (NASDAQ:FLNT)’s Major holders

Fluent Inc. insiders hold 46.32% of total outstanding shares, with institutional holders owning 26.54% of the shares at 49.44% float percentage. In total, 26.54% institutions holds shares in the company, led by Tieton Capital Management, LLC. As of Dec 30, 2022, the company held over 5.08 million shares (or 6.36% of shares), all amounting to roughly $3.66 million.

The next major institution holding the largest number of shares is JB Capital Partners LP with 4.71 million shares, or about 5.89% of shares outstanding. As of the market price on Dec 30, 2022, these shares were worth $3.39 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 Fluent Inc. (FLNT) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 1.01 million shares. This is just over 1.26% of the total shares, with a market valuation of $0.73 million. Data from the same date shows that the other fund manager holds a little less at 0.64 million, or 0.80% of the shares, all valued at about 0.46 million.

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