Joby Aviation Inc (NYSE:JOBY)’s traded shares stood at 5.08 million during the latest session, with the company’s beta value hitting 2.33. At the last check today, the stock’s price was $8.48, to imply an increase of 4.82% or $0.39 in intraday trading. The JOBY share’s 52-week high remains $9.33, putting it -10.02% down since that peak but still an impressive 46.93% since price per share fell to its 52-week low of $4.50. The company has a valuation of $6.49B, with an average of 25.33 million shares in intraday trading volume over the past 10 days and average of 15.68 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Joby Aviation Inc (JOBY), translating to a mean rating of 2.11. Of 4 analyst(s) looking at the stock, 1 analyst(s) give JOBY a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.19.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Joby Aviation Inc (NYSE:JOBY) trade information
After registering a 4.82% upside in the latest session, Joby Aviation Inc (JOBY) has traded red over the past five days. The 5-day price performance for the stock is -5.25%, and 67.26% over 30 days. With these gigs, the year-to-date price performance is 27.52%. Short interest in Joby Aviation Inc (NYSE:JOBY) saw shorts transact 73.19 million shares and set a 3.94 days time to cover.
The extremes give us $9.75 and $10 for target low and target high price respectively. As such, JOBY has been trading -17.92% off suggested target high and -14.98% from its likely low.
Joby Aviation Inc (JOBY) estimates and forecasts
Looking at statistics comparing Joby Aviation Inc share performance against respective industry, we note that the company has outperformed competitors. Joby Aviation Inc (JOBY) shares are 69.94% up over the last 6 months, with its year-to-date growth rate higher than industry average at 12.66% against -18.00%. The rating firms project that company’s revenue will shrink -87.33% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 35.8k. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 1.5M.Earnings reports from the last fiscal year show that sales brought in 1.03M and 25k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -96.53% before jumping 5,900.00% in the following quarter.
JOBY Dividends
Joby Aviation Inc has its next earnings report out in January. 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.
Joby Aviation Inc (NYSE:JOBY)’s Major holders
Joby Aviation Inc insiders hold 34.02% of total outstanding shares, with institutional holders owning 39.95% of the shares at 60.55% float percentage. In total, 39.95% institutions holds shares in the company, led by BAILLIE GIFFORD & CO. As of 2024-06-30, the company held over 52.87 million shares (or 7.755% of shares), all amounting to roughly $269.63 million.
The next major institution holding the largest number of shares is CAPRICORN INVESTMENT GROUP LLC with 40.36 million shares, or about 5.9202% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $184.07 million.
