In the last trading session, 2.75 million AEye Inc (NASDAQ:LIDR) shares changed hands as the company’s beta touched 2.80. With the company’s per share price at $1.93 changed hands at -$0.25 or -11.47% during last session, the market valuation stood at $28.63M. LIDR’s last price was a discount, traded about -166.84% off its 52-week high of $5.15. The share price had its 52-week low at $0.78, which suggests the last value was 59.59% up since then. When we look at AEye Inc’s average trading volume, we note the 10-day average is 13.31 million shares, with the 3-month average coming to 2.35 million.
Analysts gave the AEye Inc (LIDR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended LIDR as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
AEye Inc (NASDAQ:LIDR) trade information
Instantly LIDR was in red as seen at the end of in last trading. With action 9.04%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 51.97%, with the 5-day performance at 9.04% in the green. However, in the 30-day time frame, AEye Inc (NASDAQ:LIDR) is 54.40% up. Looking at the short shares, we see there were 0.2 million shares sold at short interest cover period of 1.97 days.
The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 83.92% from its current market value. According to analyst projections, LIDR’s forecast low is 12 with 12 as the target high. To hit the forecast high, the stock’s price needs a -521.76% plunge from its current level, while the stock would need to soar -521.76% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -657.36%. The 2025 estimates are for AEye Inc earnings to increase by 98.09%.
LIDR Dividends
AEye Inc is expected to release its next quarterly earnings report in February.
AEye Inc (NASDAQ:LIDR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 8.60% of AEye Inc shares while 21.70% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 23.74%. There are 21.70% institutions holding the AEye Inc stock share, with GENERAL MOTORS HOLDINGS LLC the top institutional holder. As of 2024-06-30, the company held 7.3795% of the shares, roughly 0.47 million LIDR shares worth $0.91 million.
