Aterian Inc (NASDAQ: ATER): Can A Stock Be Up 691.97% YTD, And Still Be A Loser

Aterian Inc (NASDAQ:ATER)’s traded shares stood at 0.12 million during the last session, with the company’s beta value hitting 2.62. At the close of trading, the stock’s price was $2.76, to imply a decrease of -2.82% or -$0.08 in intraday trading. The ATER share’s 52-week high remains $3.95, putting it -43.12% down since that peak but still an impressive 91.67% since price per share fell to its 52-week low of $0.23. The company has a valuation of $21.17M, with an average of 0.87 million shares in intraday trading volume over the past 10 days and average of 691.75K shares over the past 3 months.

Aterian Inc (NASDAQ:ATER) trade information

After registering a -2.82% downside in the last session, Aterian Inc (ATER) has traded red over the past five days. The stock hit a weekly high of 3.95, dropping -2.82% in its intraday price action. The 5-day price performance for the stock is 916.20%, and 607.69% over 30 days. With these gigs, the year-to-date price performance is 691.97%. Short interest in Aterian Inc (NASDAQ:ATER) saw shorts transact 0.35 million shares and set a 4.62 days time to cover.

Aterian Inc (ATER) estimates and forecasts

Looking at statistics comparing Aterian Inc share performance against respective industry, we note that the company has outperformed competitors. Aterian Inc (ATER) shares are 765.20% up over the last 6 months, with its year-to-date growth rate higher than industry average at 65.26% against 17.50%. Revenue is forecast to grow 72.50% this quarter before jumping 81.50% for the next one. The rating firms project that company’s revenue will shrink -35.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 3 analysts is $19.44 million. Meanwhile, for the quarter ending Jun 2024, a total of 3 analyst(s) estimate revenue growth to $21.66 million.

ATER Dividends

Aterian Inc has its next earnings report out between May 07 and May 13. 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. Aterian 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%.

Aterian Inc (NASDAQ:ATER)’s Major holders

Aterian Inc insiders hold 11.15% of total outstanding shares, with institutional holders owning 6.98% of the shares at 7.85% float percentage. In total, 6.98% institutions holds shares in the company, led by Vanguard Group Inc. As of Dec 30, 2023, the company held over 0.26 million shares (or 0.28% of shares), all amounting to roughly $0.72 million.

The next major institution holding the largest number of shares is Blackrock Inc. with 87357.0 shares, or about 0.09% of shares outstanding. As of the market price on Dec 30, 2023, these shares were worth $0.24 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 Aterian Inc (ATER) shares. Going by data provided on Dec 30, 2023, Vanguard Total Stock Market Index Fund holds roughly 0.18 million shares. This is just over 0.19% of the total shares, with a market valuation of $0.49 million. Data from the same date shows that the other fund manager holds a little less at 83040.0, or 0.09% of the shares, all valued at about 0.23 million.