Now Is A Good Time To Buy Wallbox N.V (NYSE: WBX)

ZM Stock

During the recent session, Wallbox N.V (NYSE:WBX)’s traded shares were 0.73 million, with the beta value of the company hitting 2.04. At the last check today, the stock’s price was $0.60, reflecting an intraday gain of 19.61% or $0.1. The 52-week high for the WBX share is $1.87, that puts it down -211.67 from that peak though still a striking 31.67% gain since the share price plummeted to a 52-week low of $0.41. The company’s market capitalization is $152.04M, and the average intraday trading volume over the past 10 days was 1.58 million shares, and the average trade volume was 708.40K shares over the past three months.

Wallbox N.V (WBX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.25. WBX 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.

Wallbox N.V (NYSE:WBX) trade information

Wallbox N.V (WBX) registered a 19.61% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 19.61% in intraday trading to $0.60, hitting a weekly high. The stock’s 5-day price performance is 30.11%, and it has moved by -12.44% in 30 days. Based on these gigs, the overall price performance for the year is -64.14%. The short interest in Wallbox N.V (NYSE:WBX) is 2.18 million shares and it means that shorts have 3.27 day(s) to cover.

The consensus price target of analysts on Wall Street is $1.5, which implies an increase of 60.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.5 and $1.5 respectively. As a result, WBX is trading at a discount of -150.0% off the target high and -150.0% off the low.

Wallbox N.V (WBX) estimates and forecasts

In the rating firms’ projections, revenue will increase 15.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 44.72M as predicted by 2 analyst(s).

While earnings are projected to return 10.52% in 2025.

WBX Dividends

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

Wallbox N.V (NYSE:WBX)’s Major holders

The next largest institutional holding, with 1.91 million shares, is of STIFEL FINANCIAL CORP’s that is approximately 0.9557% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.5 million.