In the last trading session, 1.08 million Icad Inc (NASDAQ:ICAD) shares changed hands as the company’s beta touched 1.50. With the company’s per share price at $3.20 changed hands at $0.06 or 1.91% during last session, the market valuation stood at $84.93M. ICAD’s last price was a discount, traded about -18.12% off its 52-week high of $3.78. The share price had its 52-week low at $1.18, which suggests the last value was 63.13% up since then. When we look at Icad Inc’s average trading volume, we note the 10-day average is 1.2 million shares, with the 3-month average coming to 413.59K.
Analysts gave the Icad Inc (ICAD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. 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 ICAD as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Icad Inc’s EPS for the current quarter is expected to be -0.05.
Icad Inc (NASDAQ:ICAD) trade information
Instantly ICAD was in green as seen at the end of in last trading. With action 32.23%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 74.86%, with the 5-day performance at 32.23% in the green. However, in the 30-day time frame, Icad Inc (NASDAQ:ICAD) is 67.10% up. Looking at the short shares, we see there were 0.25 million shares sold at short interest cover period of 1.51 days.
Icad Inc (ICAD) estimates and forecasts
Year-over-year growth is forecast to reach 9.23% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 4.72M. 2 analysts are of the opinion that Icad Inc’s revenue for the current quarter will be 4.89M. The company’s revenue for the corresponding quarters a year ago was 4.74M and 4.95M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -0.51%. The estimates for the next quarter sales put growth at -1.22%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 11.68%. The 2025 estimates are for Icad Inc earnings to increase by 18.19%, but the outlook for the next 5-year period is at 17.98% per year.
ICAD Dividends
Icad Inc is expected to release its next quarterly earnings report in March.
Icad Inc (NASDAQ:ICAD)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.63% of Icad Inc shares while 27.16% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 28.78%. There are 27.16% institutions holding the Icad Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 4.2979% of the shares, roughly 1.13 million ICAD shares worth $1.47 million.
FIRST EAGLE INVESTMENT MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 2.6619% or 0.7 million shares worth $0.91 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and First Eagle Small Opportunity Fund . With 771.98 shares estimated at $2.47 million under it, the former controlled 2.91% of total outstanding shares. On the other hand, First Eagle Small Opportunity Fund held about 2.36% of the shares, roughly 626.35 shares worth around $2.0 million.
