CuriosityStream Inc (CURI) Short-Term Forecasts And Estimates

CuriosityStream Inc (NASDAQ:CURI) has a beta value of 1.18 and has seen 1.41 million shares traded in the last trading session. The company, currently valued at $66.64M, closed the last trade at $1.25 per share which meant it gained $0.22 on the day or 21.36% during that session. The CURI stock price is 1.6% off its 52-week high price of $1.23 and 64.0% above the 52-week low of $0.45. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.73 million shares traded. The 3-month trading volume is 801.13K shares.

CuriosityStream Inc (NASDAQ:CURI) trade information

Sporting 21.36% in the green in last session, the stock has traded in the green over the last five days, when the CURI stock price touched $1.25 or saw a rise of 5.3%. Year-to-date, CuriosityStream Inc shares have moved 131.44%, while the 5-day performance has seen it change 23.76%. Over the past 30 days, the shares of CuriosityStream Inc (NASDAQ:CURI) have changed 161.25%. Short interest in the company has seen 0.64 million shares shorted with days to cover at 8.58.

CuriosityStream Inc (CURI) estimates and forecasts

Figures show that CuriosityStream Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 95.80% over the past 6 months, with this year growth rate of 89.13%, compared to 21.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 60.00% and 73.70% for the next quarter. Revenue growth from the last financial year stood is estimated to be 6.30%.

2 analysts offering their estimates for the company have set an average revenue estimate of $12.01 million for the current quarter. 2 have an estimated revenue figure of $15.13 million for the next quarter concluding in Jun 2024. Year-ago sales stood $12.05 million and $14.1 million respectively for this quarter and the next, and analysts expect sales will shrink by -0.30% for the current quarter and 7.30% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 32.49% over the past 5 years. Earnings growth for 2024 is a modest 80.43% while over the next 5 years, the company’s earnings are expected to increase by 46.80%.

CURI Dividends

CuriosityStream Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

CuriosityStream Inc (NASDAQ:CURI)’s Major holders

Insiders own 47.23% of the company shares, while shares held by institutions stand at 6.81% with a share float percentage of 12.90%. Investors are also buoyed by the number of investors in a company, with CuriosityStream Inc having a total of 50 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 1.43 million shares worth more than $1.33 million. As of Jun 29, 2023, Vanguard Group Inc held 2.69% of shares outstanding.

The other major institutional holder is Parallax Volatility Advisers, L.P., with the holding of over 0.73 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $0.68 million and represent 1.39% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 29, 2023, the former fund manager holds about 1.86% shares in the company for having 0.99 million shares of worth $0.92 million while later fund manager owns 0.39 million shares of worth $0.37 million as of Jun 29, 2023, which makes it owner of about 0.74% of company’s outstanding stock.