When Will FiscalNote Holdings Inc. (NOTE) Be Worth Investing In?

FiscalNote Holdings Inc (NYSE:NOTE) has a beta value of 0.46 and has seen 2.71 million shares traded in the last trading session. The company, currently valued at $187.44M, closed the last trade at $1.08 per share which meant it gained $0.18 on the day or 19.95% during that session. The NOTE stock price is -110.19% off its 52-week high price of $2.27 and 30.56% above the 52-week low of $0.75. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.4 million shares traded. The 3-month trading volume is 559.02K shares.

The consensus among analysts is that FiscalNote Holdings Inc (NOTE) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.04.

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FiscalNote Holdings Inc (NYSE:NOTE) trade information

Sporting 19.95% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the NOTE stock price touched $1.08 or saw a rise of 1.82%. Year-to-date, FiscalNote Holdings Inc shares have moved -5.26%, while the 5-day performance has seen it change 21.35%. Over the past 30 days, the shares of FiscalNote Holdings Inc (NYSE:NOTE) have changed 40.50%. Short interest in the company has seen 7.56 million shares shorted with days to cover at 13.3.

Wall Street analysts have a consensus price target for the stock at $7.25, which means that the shares’ value could jump 85.1% from current levels. The projected low price target is $3.5 while the price target rests at a high of $11.0. In that case, then, we find that the current price level is -918.52% off the targeted high while a plunge would see the stock gain -224.07% from current levels.

FiscalNote Holdings Inc (NOTE) estimates and forecasts

Figures show that FiscalNote Holdings Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -22.30% over the past 6 months, with this year growth rate of 110.14%, compared to 16.30% for the industry. Revenue growth from the last financial year stood is estimated to be -9.69%.

4 analysts offering their estimates for the company have set an average revenue estimate of 29.01M for the current quarter. 4 have an estimated revenue figure of 29.76M for the next ending quarter. Year-ago sales stood 34.27M and 32.11M respectively for this quarter and the next, and analysts expect sales will shrink by -15.34% for the current quarter and -9.69% for the next.

NOTE Dividends

FiscalNote Holdings Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 12.50% of the company shares, while shares held by institutions stand at 42.14% with a share float percentage of 48.16%. Investors are also buoyed by the number of investors in a company, with FiscalNote Holdings Inc having a total of 100.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . As of Sep 30, 2024 , the former fund manager holds about 1.94% shares in the company for having 2.64 shares of worth $2.86 million while later fund manager owns 1.46 shares of worth $1.58 million as of Sep 30, 2024 , which makes it owner of about 1.07% of company’s outstanding stock.