Loyalty Ventures Inc. (NASDAQ:LYLT)’s traded shares stood at 192.91 million during the last session. At the close of trading, the stock’s price was $0.27, to imply an increase of 59.35% or $0.1 in intraday trading. The LYLT share’s 52-week high remains $20.24, putting it -7396.3% down since that peak but still an impressive 40.74% since price per share fell to its 52-week low of $0.16. The company has a valuation of $16.03M, with an average of 28.8 million shares in intraday trading volume over the past 10 days and average of 1.99 million shares over the past 3 months.
Analysts have given a consensus recommendation of a Hold for Loyalty Ventures Inc. (LYLT), translating to a mean rating of 2.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give LYLT a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 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 $0.07.
Do You Know The Best Place To Find Gains In Volatile Markets?
In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.
Click here for full details and to join for free.
Loyalty Ventures Inc. (NASDAQ:LYLT) trade information
After registering a 59.35% upside in the last session, Loyalty Ventures Inc. (LYLT) has traded red over the past five days. The stock hit a weekly high of 1.6799 this Wednesday, 03/15/23, jumping 59.35% in its intraday price action. The 5-day price performance for the stock is -82.85%, and -83.87% over 30 days. With these gigs, the year-to-date price performance is -88.76%. Short interest in Loyalty Ventures Inc. (NASDAQ:LYLT) saw shorts transact 1.52 million shares and set a 2.91 days time to cover.
Analysts on Wall Street suggest a consensus price target of $2.00, implying an increase of 86.5% to the stock’s current value. The extremes give us $2.00 and $2.00 for target low and target high price respectively. As such, LYLT has been trading -640.74% off suggested target high and -640.74% from its likely low.
Loyalty Ventures Inc. (LYLT) estimates and forecasts
Looking at statistics comparing Loyalty Ventures Inc. share performance against respective industry, we note that the company has underperformed competitors. Loyalty Ventures Inc. (LYLT) shares are -86.32% down over the last 6 months, with its year-to-date growth rate lower than industry average at -765.43% against 18.30%. Revenue is forecast to shrink -85.40% this quarter before jumping 75.00% for the next one. The rating firms project that company’s revenue will shrink -9.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is $175.52 million. Meanwhile, for the quarter ending Mar 2023, a total of 2 analyst(s) estimate revenue growth to $151.19 million.Earnings reports from the last fiscal year show that sales brought in $238.59 million and $154.94 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -26.40% before dropping -2.40% in the following quarter.
Loyalty Ventures Inc. has its next earnings report out on November 08. 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. Loyalty Ventures 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%.
Loyalty Ventures Inc. (NASDAQ:LYLT)’s Major holders
Loyalty Ventures Inc. insiders hold 19.51% of total outstanding shares, with institutional holders owning 53.28% of the shares at 66.19% float percentage. In total, 53.28% institutions holds shares in the company, led by Redwood Capital Management, LLC. As of Sep 29, 2022, the company held over 1.98 million shares (or 8.04% of shares), all amounting to roughly $2.4 million.
The next major institution holding the largest number of shares is Franklin Resources, Inc. with 1.47 million shares, or about 5.97% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $1.78 million.
We also have Franklin Mutual Series Fund-Mutual Shares Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Loyalty Ventures Inc. (LYLT) shares. Going by data provided on Sep 29, 2022, Franklin Mutual Series Fund-Mutual Shares Fund holds roughly 0.77 million shares. This is just over 3.12% of the total shares, with a market valuation of $0.93 million. Data from the same date shows that the other fund manager holds a little less at 0.42 million, or 1.72% of the shares, all valued at about 1.02 million.