In the last trading session, 1.2 million Valens Semiconductor Ltd (NYSE:VLN) shares changed hands as the company’s beta touched 0.43. With the company’s per share price at $2.26 changed hands at -$0.03 or -1.31% during last session, the market valuation stood at $240.21M. VLN’s last price was a discount, traded about -50.0% off its 52-week high of $3.39. The share price had its 52-week low at $1.67, which suggests the last value was 26.11% up since then. When we look at Valens Semiconductor Ltd’s average trading volume, we note the 10-day average is 0.54 million shares, with the 3-month average coming to 233.77K.
Analysts gave the Valens Semiconductor Ltd (VLN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended VLN as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Valens Semiconductor Ltd’s EPS for the current quarter is expected to be -0.04.
Valens Semiconductor Ltd (NYSE:VLN) trade information
Instantly VLN was in red as seen at the end of in last trading. With action 25.56%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -7.76%, with the 5-day performance at 25.56% in the green. However, in the 30-day time frame, Valens Semiconductor Ltd (NYSE:VLN) is 29.14% up. Looking at the short shares, we see there were 0.21 million shares sold at short interest cover period of 0.9 days.
Valens Semiconductor Ltd (VLN) estimates and forecasts
Data shows that the Valens Semiconductor Ltd share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -17.82% over the past 6 months, a -240.00% in annual growth rate that is considerably lower than the industry average of -2.80%. Year-over-year growth is forecast to reach -31.88% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 16.2M. 2 analysts are of the opinion that Valens Semiconductor Ltd’s revenue for the current quarter will be 16M. The company’s revenue for the corresponding quarters a year ago was 21.94M and 11.56M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -26.16%. The estimates for the next quarter sales put growth at 38.42%.
The 2024 estimates are for Valens Semiconductor Ltd earnings to decrease by -353.33%, but the outlook for the next 5-year period is at 22.40% per year.
VLN Dividends
Valens Semiconductor Ltd is expected to release its next quarterly earnings report in January.
CLAL INSURANCE ENTERPRISES HOLDINGS LTD holds the second largest percentage of outstanding shares, with 2.1529% or 2.24 million shares worth $7.15 million as of 2024-06-30.
