In last trading session, Phunware Inc (NASDAQ:PHUN) saw 0.89 million shares changing hands with its beta currently measuring 2.28. Company’s recent per share price level of $5.29 trading at $0.02 or 0.38% at ring of the bell on the day assigns it a market valuation of $105.21M. That closing price of PHUN’s stock is at a discount of -363.14% from its 52-week high price of $24.50 and is indicating a premium of 46.12% from its 52-week low price of $2.85. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.48 million shares which gives us an average trading volume of 7.47 million if we extend that period to 3-months.
For Phunware Inc (PHUN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.12 in the current quarter.
Phunware Inc (NASDAQ:PHUN) trade information
Upright in the green during last session for gaining 0.38%, in the last five days PHUN remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $5.29 price level, adding 15.9% to its value on the day. Phunware Inc’s shares saw a change of 1.73% in year-to-date performance and have moved -2.40% in past 5-day. Phunware Inc (NASDAQ:PHUN) showed a performance of 14.25% in past 30-days. Number of shares sold short was 1.84 million shares which calculate 1.08 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 9 to the stock, which implies a rise of 41.22% to its current value. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -70.13% in reaching the projected high whereas dropping to the targeted low would mean a loss of -70.13% for stock’s current value.
Phunware Inc (PHUN) estimates and forecasts
Statistics highlight that Phunware Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -8.95% of value to its shares in past 6 months, showing an annual growth rate of 94.95% while that of industry is 25.60. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -27.01% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 928.67k for the same. And 3 analysts are in estimates of company making revenue of 1.36M in the next quarter. Company posted -6.19M and 921k of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.47% during past 5 years.
Phunware Inc (NASDAQ:PHUN)’s Major holders
Insiders are in possession of 3.09% of company’s total shares while institution are holding 4.44 percent of that, with stock having share float percentage of 4.58%. Investors also watch the number of corporate investors in a company very closely, which is 4.44% institutions for Phunware Inc that are currently holding shares of the company.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 224.62 shares of worth $1.19 million or 1.13% of the total outstanding shares. The later fund manager was in possession of 150.54 shares on Sep 30, 2024 , making its stake of worth around $0.8 million in the company or a holder of 0.76% of company’s stock.
