Icad Inc (NASDAQ:ICAD) has a beta value of 1.46 and has seen 1.08 million shares traded in the recent trading session. The company, currently valued at $77.24M, closed the recent trade at $2.91 per share which meant it gained $0.49 on the day or 20.25% during that session. The ICAD stock price is 8.93% off its 52-week high price of $2.65 and 59.45% above the 52-week low of $1.18. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.34 million shares traded. The 3-month trading volume is 292.20K shares.
The consensus among analysts is that Icad Inc (ICAD) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Icad Inc (NASDAQ:ICAD) trade information
Sporting 20.25% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ICAD stock price touched $2.91 or saw a rise of 3.0%. Year-to-date, Icad Inc shares have moved 59.02%, while the 5-day performance has seen it change 48.09%. Over the past 30 days, the shares of Icad Inc (NASDAQ:ICAD) have changed 72.70%. Short interest in the company has seen 0.25 million shares shorted with days to cover at 1.51.
Icad Inc (ICAD) estimates and forecasts
The company’s shares have gained 120.45% over the past 6 months.
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 11.68% over the past 5 years. Earnings growth for 2025 is a modest 15.41% while over the next 5 years, the company’s earnings are expected to increase by 12.00%.
ICAD Dividends
Icad 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.
Icad Inc (NASDAQ:ICAD)’s Major holders
Insiders own 5.63% of the company shares, while shares held by institutions stand at 27.16% with a share float percentage of 28.78%. Investors are also buoyed by the number of investors in a company, with Icad Inc having a total of 60.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 1.13 million shares worth more than $1.47 million. As of 2024-06-30, VANGUARD GROUP INC held 4.2979% of shares outstanding.
The other major institutional holder is FIRST EAGLE INVESTMENT MANAGEMENT, LLC, with the holding of over 0.7 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.91 million and represent 2.6619% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and First Eagle Small Opportunity Fund. As of Sep 30, 2024 , the former fund manager holds about 2.91% shares in the company for having 771.98 shares of worth $2.32 million while later fund manager owns 626.35 shares of worth $1.89 million as of Oct 31, 2024 , which makes it owner of about 2.36% of company’s outstanding stock.
