The AEye Inc (NASDAQ: LIDR) Stock Dropped -0.91% In A Single Month – Are There Any Hopes For A Gain?

During the last session, AEye Inc (NASDAQ:LIDR)’s traded shares were 4.51 million, with the beta value of the company hitting 2.81. At the end of the trading day, the stock’s price was $1.09, reflecting an intraday gain of 3.81% or $0.04. The 52-week high for the LIDR share is $5.15, that puts it down -372.48 from that peak though still a striking 28.44% gain since the share price plummeted to a 52-week low of $0.78. The company’s market capitalization is $17.27M, and the average intraday trading volume over the past 10 days was 9.31 million shares, and the average trade volume was 2.87 million shares over the past three months.

AEye Inc (LIDR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. LIDR 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.

AEye Inc (NASDAQ:LIDR) trade information

AEye Inc (LIDR) registered a 3.81% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.81% in intraday trading to $1.09, hitting a weekly high. The stock’s 5-day price performance is -12.10%, and it has moved by -0.91% in 30 days. Based on these gigs, the overall price performance for the year is -10.66%. The short interest in AEye Inc (NASDAQ:LIDR) is 0.2 million shares and it means that shorts have 1.97 day(s) to cover.

The consensus price target of analysts on Wall Street is $12, which implies an increase of 90.92% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $12 and $12 respectively. As a result, LIDR is trading at a discount of -1000.92% off the target high and -1000.92% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -657.36%. While earnings are projected to return 98.09% in 2025.

LIDR Dividends

AEye Inc 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.

AEye Inc (NASDAQ:LIDR)’s Major holders

AEye Inc insiders own 8.60% of total outstanding shares while institutional holders control 21.70%, with the float percentage being 23.74%. GENERAL MOTORS HOLDINGS LLC is the largest shareholder of the company, while 30.0 institutions own stock in it. As of 2024-06-30, the company held over 0.47 million shares (or 7.3795% of all shares), a total value of $0.91 million in shares.

Also, the Mutual Funds coming in first place with the largest holdings of AEye Inc (LIDR) shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Extended Market Index Fund owns about 72.26 shares. This amounts to just over 0.79 percent of the company’s overall shares, with a $78765.0 market value. The same data shows that the other fund manager holds slightly less at 42.15, or about 0.46% of the stock, which is worth about $45947.0.