In the last trading session, 9.82 million AST SpaceMobile Inc (NASDAQ:ASTS) shares changed hands as the company’s beta touched 1.67. With the company’s per share price at $28.64 changed hands at -$2.99 or -9.45% during last session, the market valuation stood at $8.30B. ASTS’s last price was a discount, traded about -36.45% off its 52-week high of $39.08. The share price had its 52-week low at $1.97, which suggests the last value was 93.12% up since then.
Analysts gave the AST SpaceMobile Inc (ASTS) 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 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ASTS as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. AST SpaceMobile Inc’s EPS for the current quarter is expected to be -0.18.
AST SpaceMobile Inc (NASDAQ:ASTS) trade information
Instantly ASTS was in red as seen at the end of in last trading. With action -4.69%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 35.73%, with the 5-day performance at -4.69% in the red. However, in the 30-day time frame, AST SpaceMobile Inc (NASDAQ:ASTS) is 27.35% up.
The consensus price target for the stock as assigned by Wall Street analysts is 54.45, meaning bulls need an upside of 47.4% from its current market value. According to analyst projections, ASTS’s forecast low is 45.9 with 63 as the target high. To hit the forecast high, the stock’s price needs a -119.97% plunge from its current level, while the stock would need to soar -60.27% for it to hit the projected low.
AST SpaceMobile Inc (ASTS) estimates and forecasts
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 2.38M. 2 analysts are of the opinion that AST SpaceMobile Inc’s revenue for the current quarter will be 80M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 15,900.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -80.78%. The 2025 estimates are for AST SpaceMobile Inc earnings to decrease by -64.97%, but the outlook for the next 5-year period is at 37.32% per year.
AST SpaceMobile Inc (NASDAQ:ASTS)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 5.5045% or 6.69 million shares worth $77.61 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 4.09 shares estimated at $117.22 million under it, the former controlled 2.04% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.87% of the shares, roughly 3.74 shares worth around $107.05 million.
