During the last session, FiscalNote Holdings Inc (NYSE:NOTE)’s traded shares were 0.38 million, with the beta value of the company hitting 0.48. At the end of the trading day, the stock’s price was $0.89, reflecting an intraday loss of -2.20% or -$0.02. The 52-week high for the NOTE share is $2.27, that puts it down -155.06 from that peak though still a striking 26.97% gain since the share price plummeted to a 52-week low of $0.65. The company’s market capitalization is $124.13M, and the average intraday trading volume over the past 10 days was 0.6 million shares, and the average trade volume was 362.67K shares over the past three months.
FiscalNote Holdings Inc (NOTE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.40. NOTE has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.1.
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FiscalNote Holdings Inc (NYSE:NOTE) trade information
FiscalNote Holdings Inc (NOTE) registered a -2.20% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.20% in intraday trading to $0.89, hitting a weekly high. The stock’s 5-day price performance is -16.82%, and it has moved by -25.21% in 30 days. Based on these gigs, the overall price performance for the year is -34.07%. The short interest in FiscalNote Holdings Inc (NYSE:NOTE) is 7.41 million shares and it means that shorts have 22.11 day(s) to cover.
The consensus price target of analysts on Wall Street is $7.25, which implies an increase of 87.72% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.5 and $11 respectively. As a result, NOTE is trading at a discount of -1135.96% off the target high and -293.26% off the low.
FiscalNote Holdings Inc (NOTE) estimates and forecasts
Statistics show that FiscalNote Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. FiscalNote Holdings Inc (NOTE) shares have gone down -36.43% during the last six months, with a year-to-date growth rate more than the industry average at 110.14% against 18.40. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 9.10% this quarter and then jump 74.40% in the quarter after that. In the rating firms’ projections, revenue will decrease -8.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 29.01M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 30.6M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 34.01M and 34.27M respectively. In this case, analysts expect current quarter sales to shrink by -14.70% and then drop by -10.70% in the coming quarter.
While earnings are projected to return 107.73% in 2024.
NOTE Dividends
FiscalNote Holdings Inc is due to release its next quarterly earnings on 2024-Nov-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
FiscalNote Holdings Inc (NYSE:NOTE)’s Major holders
FiscalNote Holdings Inc insiders own 13.77% of total outstanding shares while institutional holders control 40.73%, with the float percentage being 47.24%.
