During the last session, Atomera Inc (NASDAQ:ATOM)’s traded shares were 0.38 million, with the beta value of the company hitting 1.53. At the end of the trading day, the stock’s price was $5.80, reflecting an intraday loss of -0.26% or -$0.02. The 52-week high for the ATOM share is $9.19, that puts it down -58.45 from that peak though still a striking 60.17% gain since the share price plummeted to a 52-week low of $2.31. The company’s market capitalization is $166.91M, and the average intraday trading volume over the past 10 days was 0.57 million shares, and the average trade volume was 281.18K shares over the past three months.

Atomera Inc (ATOM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ATOM has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 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 -0.14.

Atomera Inc (NASDAQ:ATOM) trade information

Atomera Inc (ATOM) registered a -0.26% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.26% in intraday trading to $5.80, hitting a weekly high. The stock’s 5-day price performance is 0.17%, and it has moved by 74.70% in 30 days. Based on these gigs, the overall price performance for the year is -16.79%. The short interest in Atomera Inc (NASDAQ:ATOM) is 3.19 million shares and it means that shorts have 11.35 day(s) to cover.

Atomera Inc (ATOM) estimates and forecasts

Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 22.22% this quarter and then jump 26.32% in the quarter after that. In the rating firms’ projections, revenue will decrease -81.82% compared to the previous financial year.

Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 100k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 550k and 18k respectively. In this case, analysts expect current quarter sales to shrink by -100.00% and then jump by 455.56% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.74%. While earnings are projected to return 27.50% in 2024, the next five years will return 20.00% per annum.

ATOM Dividends

Atomera Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Atomera Inc (NASDAQ:ATOM)’s Major holders

Atomera Inc insiders own 4.72% of total outstanding shares while institutional holders control 22.89%, with the float percentage being 24.03%. VANGUARD GROUP INC is the largest shareholder of the company, while 82.0 institutions own stock in it. As of 2024-06-30, the company held over 1.2 million shares (or 4.6135% of all shares), a total value of $4.58 million in shares.

The next largest institutional holding, with 0.72 million shares, is of HOLLENCREST CAPITAL MANAGEMENT’s that is approximately 2.7766% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.75 million.

Also, the Mutual Funds coming in first place with the largest holdings of Atomera Inc (ATOM) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 794.78 shares. This amounts to just over 2.76 percent of the company’s overall shares, with a $4.61 million market value. The same data shows that the other fund manager holds slightly less at 369.49, or about 1.28% of the stock, which is worth about $2.14 million.