AEye Inc (NASDAQ:LIDR)’s traded shares stood at 0.17 million during the last session, with the company’s beta value hitting 2.19. At the close of trading, the stock’s price was $1.25, to imply a decrease of -1.57% or -$0.02 in intraday trading. The LIDR share’s 52-week high remains $24.00, putting it -1820.0% down since that peak but still an impressive 16.8% since price per share fell to its 52-week low of $1.04. The company has a valuation of $7.84M, with an average of 1.32 million shares in intraday trading volume over the past 10 days and average of 320.55K shares over the past 3 months.
AEye Inc (NASDAQ:LIDR) trade information
After registering a -1.57% downside in the last session, AEye Inc (LIDR) has traded red over the past five days. The stock hit a weekly high of 1.7900, dropping -1.57% in its intraday price action. The 5-day price performance for the stock is -26.04%, and -19.87% over 30 days. With these gigs, the year-to-date price performance is -45.41%. Short interest in AEye Inc (NASDAQ:LIDR) saw shorts transact 0.24 million shares and set a 2.46 days time to cover.
AEye Inc (LIDR) estimates and forecasts
Revenue is forecast to grow 63.60% this quarter before jumping 28.60% for the next one. The rating firms project that company’s revenue will grow 719.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is $500k. Meanwhile, for the quarter ending Jun 2024, a total of 1 analyst(s) estimate revenue growth to $1.5 million.Earnings reports from the last fiscal year show that sales brought in $600k and $571k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -16.70% before jumping 162.70% in the following quarter.
LIDR Dividends
AEye Inc has its next earnings report out between March 13 and March 18. 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. AEye 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%.
AEye Inc (NASDAQ:LIDR)’s Major holders
AEye Inc insiders hold 15.06% of total outstanding shares, with institutional holders owning 23.03% of the shares at 27.11% float percentage. In total, 23.03% institutions holds shares in the company, led by General Motors Holdings LLC. As of Jun 29, 2023, the company held over 14.06 million shares (or 7.61% of shares), all amounting to roughly $2.53 million.
The next major institution holding the largest number of shares is Intel Corporation with 6.91 million shares, or about 3.74% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $1.25 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Information Technology Index Fund as the top two Mutual Funds with the largest holdings of the AEye Inc (LIDR) shares. Going by data provided on Jun 29, 2023, Vanguard Total Stock Market Index Fund holds roughly 3.26 million shares. This is just over 1.76% of the total shares, with a market valuation of $0.59 million. Data from the same date shows that the other fund manager holds a little less at 2.14 million, or 1.16% of the shares, all valued at about 0.44 million.
