During the last session, QuantumScape Corp (NYSE:QS)’s traded shares were 19.1 million, with the beta value of the company hitting 4.46. At the end of the trading day, the stock’s price was $5.54, reflecting an intraday gain of 6.74% or $0.35. The 52-week high for the QS share is $10.03, that puts it down -81.05 from that peak though still a striking 16.06% gain since the share price plummeted to a 52-week low of $4.65. The company’s market capitalization is $2.84B, and the average intraday trading volume over the past 10 days was 23.03 million shares, and the average trade volume was 13.02 million shares over the past three months.
QuantumScape Corp (QS) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.20. QS has a Sell rating from 1 analyst(s) out of 6 analysts who have looked at this stock. 4 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 -0.21.
QuantumScape Corp (NYSE:QS) trade information
QuantumScape Corp (QS) registered a 6.74% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.74% in intraday trading to $5.54, hitting a weekly high. The stock’s 5-day price performance is 3.17%, and it has moved by 6.54% in 30 days. Based on these gigs, the overall price performance for the year is -17.31%. The short interest in QuantumScape Corp (NYSE:QS) is 65.97 million shares and it means that shorts have 5.32 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.15, which implies an increase of 9.92% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.3 and $7 respectively. As a result, QS is trading at a discount of -26.35% off the target high and 4.33% off the low.
QuantumScape Corp (QS) estimates and forecasts
Statistics show that QuantumScape Corp has underperformed its competitors in share price, compared to the industry in which it operates. QuantumScape Corp (QS) shares have gone up 9.49% during the last six months, with a year-to-date growth rate less than the industry average at -3.13% against 8.40.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -45.65%. While earnings are projected to return -2.19% in 2025, the next five years will return 25.88% per annum.
QS Dividends
QuantumScape Corp 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.
QuantumScape Corp (NYSE:QS)’s Major holders
QuantumScape Corp insiders own 17.94% of total outstanding shares while institutional holders control 31.66%, with the float percentage being 38.58%. VANGUARD GROUP INC is the largest shareholder of the company, while 458.0 institutions own stock in it. As of 2024-06-30, the company held over 31.21 million shares (or 6.2906% of all shares), a total value of $153.56 million in shares.
The next largest institutional holding, with 15.71 million shares, is of BLACKROCK INC.’s that is approximately 3.1671% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $77.31 million.
