AMMO Inc (NASDAQ:POWW) has a beta value of 0.40 and has seen 0.46 million shares traded in the last trading session. The company, currently valued at $152.73M, closed the last trade at $1.29 per share which meant it lost -$0.05 on the day or -4.02% during that session. The POWW stock price is -127.91% off its 52-week high price of $2.94 and 26.36% above the 52-week low of $0.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.2 million shares traded. The 3-month trading volume is 794.60K shares.
The consensus among analysts is that AMMO Inc (POWW) is Hold stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.01.
AMMO Inc (NASDAQ:POWW) trade information
Sporting -4.02% in the red 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 POWW stock price touched $1.29 or saw a rise of 7.86%. Year-to-date, AMMO Inc shares have moved 16.92%, while the 5-day performance has seen it change 16.92%. Over the past 30 days, the shares of AMMO Inc (NASDAQ:POWW) have changed 8.99%. Short interest in the company has seen 3.21 million shares shorted with days to cover at 4.37.
Wall Street analysts have a consensus price target for the stock at $1.5, which means that the shares’ value could jump 14.0% from current levels. The projected low price target is $1.5 while the price target rests at a high of $1.5. In that case, then, we find that the current price level is -16.28% off the targeted high while a plunge would see the stock gain -16.28% from current levels.
AMMO Inc (POWW) estimates and forecasts
Figures show that AMMO Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -17.56% over the past 6 months, with this year growth rate of 0.00%, compared to -0.50% for the industry. Revenue growth from the last financial year stood is estimated to be -0.80%.
2 analysts offering their estimates for the company have set an average revenue estimate of 34.03M for the current quarter. 2 have an estimated revenue figure of 37.61M for the next ending quarter. Year-ago sales stood 34.37M and 36.01M respectively for this quarter and the next, and analysts expect sales will shrink by -0.99% for the current quarter and -0.80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 14.63% over the past 5 years.
POWW Dividends
AMMO Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
AMMO Inc (NASDAQ:POWW)’s Major holders
Insiders own 26.68% of the company shares, while shares held by institutions stand at 28.34% with a share float percentage of 38.65%. Investors are also buoyed by the number of investors in a company, with AMMO Inc having a total of 159.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 6.16 million shares worth more than $10.35 million. As of 2024-06-30, BLACKROCK INC. held 5.2075% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 5.12 million shares as of 2024-06-30. The firm’s total holdings are worth over $8.61 million and represent 4.3327% of shares outstanding.
