In the last trading session, 16.46 million Microvision Inc (NASDAQ:MVIS) shares changed hands as the company’s beta touched 2.59. With the company’s per share price at $1.50 changed hands at -$0.19 or -11.24% during last session, the market valuation stood at $337.47M. MVIS’s last price was a discount, traded about -80.0% off its 52-week high of $2.70. The share price had its 52-week low at $0.80, which suggests the last value was 46.67% up since then.
Analysts gave the Microvision Inc (MVIS) stock a consensus recommendation rating of Hold, 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, 1 recommended MVIS as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Microvision Inc’s EPS for the current quarter is expected to be -0.09.
Microvision Inc (NASDAQ:MVIS) trade information
Instantly MVIS was in red as seen at the end of in last trading. With action 10.29%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 14.50%, with the 5-day performance at 10.29% in the green. However, in the 30-day time frame, Microvision Inc (NASDAQ:MVIS) is -5.66% down.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 70.0% from its current market value. According to analyst projections, MVIS’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -233.33% plunge from its current level, while the stock would need to soar -233.33% for it to hit the projected low.
Microvision Inc (MVIS) estimates and forecasts
Year-over-year growth is forecast to reach -3.82% down 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 3.4M. 3 analysts are of the opinion that Microvision Inc’s revenue for the current quarter will be 5.27M. The company’s revenue for the corresponding quarters a year ago was 5.1M and 956k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -33.35%. The estimates for the next quarter sales put growth at 450.91%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -13.75%. The 2025 estimates are for Microvision Inc earnings to increase by 10.00%, but the outlook for the next 5-year period is at 29.90% per year.
Microvision Inc (NASDAQ:MVIS)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 7.5281% or 14.81 million shares worth $15.7 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 iShares Russell 2000 ETF. With 6.51 shares estimated at $9.77 million under it, the former controlled 2.97% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.63% of the shares, roughly 5.77 shares worth around $8.65 million.
