Why FiscalNote Holdings Inc (NYSE: NOTE) Is Worth Including On Your Watchlist

FiscalNote Holdings Inc (NYSE:NOTE)’s traded shares stood at 0.76 million during the last session, with the company’s beta value hitting 0.47. At the close of trading, the stock’s price was $0.89, to imply an increase of 3.49% or $0.03 in intraday trading. The NOTE share’s 52-week high remains $2.27, putting it -155.06% down since that peak but still an impressive 15.73% since price per share fell to its 52-week low of $0.75. The company has a valuation of $125.69M, with an average of 0.8 million shares in intraday trading volume over the past 10 days and average of 485.50K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for FiscalNote Holdings Inc (NOTE), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give NOTE a Sell rating. 0 of those analysts rate the stock as Overweight while 0 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 -0.04.

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FiscalNote Holdings Inc (NYSE:NOTE) trade information

After registering a 3.49% upside in the last session, FiscalNote Holdings Inc (NOTE) has traded red over the past five days. The 5-day price performance for the stock is 1.74%, and -1.72% over 30 days. With these gigs, the year-to-date price performance is -21.93%. Short interest in FiscalNote Holdings Inc (NYSE:NOTE) saw shorts transact 7.57 million shares and set a 14.68 days time to cover.

The extremes give us $3.5 and $11 for target low and target high price respectively. As such, NOTE has been trading -1135.96% off suggested target high and -293.26% from its likely low.

FiscalNote Holdings Inc (NOTE) estimates and forecasts

Looking at statistics comparing FiscalNote Holdings Inc share performance against respective industry, we note that the company has outperformed competitors. FiscalNote Holdings Inc (NOTE) shares are -21.93% down over the last 6 months, with its year-to-date growth rate higher than industry average at 110.14% against 16.40%. The rating firms project that company’s revenue will shrink -9.69% compared to the previous financial year.

Revenue forecast for the current quarter as set by 4 analysts is 29.01M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 29.76M.Earnings reports from the last fiscal year show that sales brought in 34.27M and 32.11M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -15.34% before dropping -7.33% in the following quarter.

NOTE Dividends

FiscalNote Holdings 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.

FiscalNote Holdings Inc (NYSE:NOTE)’s Major holders

FiscalNote Holdings Inc insiders hold 13.37% of total outstanding shares, with institutional holders owning 43.26% of the shares at 49.94% float percentage. In total, 43.26% institutions holds shares in the company.