In the last trading session, 2.53 million Ondas Holdings Inc (NASDAQ:ONDS) shares changed hands as the company’s beta touched 0. With the company’s per share price at $1.25 changed hands at -$0.14 or -10.07% during last session, the market valuation stood at $129.29M. ONDS’s last price was a discount, traded about -172.0% off its 52-week high of $3.40. The share price had its 52-week low at $0.54, which suggests the last value was 56.8% up since then.
Analysts gave the Ondas Holdings Inc (ONDS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.50. 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 ONDS as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Ondas Holdings Inc’s EPS for the current quarter is expected to be -0.09.
Ondas Holdings Inc (NASDAQ:ONDS) trade information
Instantly ONDS was in red as seen at the end of in last trading. With action -34.90%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -51.17%, with the 5-day performance at -34.90% in the red. However, in the 30-day time frame, Ondas Holdings Inc (NASDAQ:ONDS) is -47.26% down.
The consensus price target for the stock as assigned by Wall Street analysts is 1.5, meaning bulls need an upside of 16.67% from its current market value. According to analyst projections, ONDS’s forecast low is 1.5 with 1.5 as the target high. To hit the forecast high, the stock’s price needs a -20.0% plunge from its current level, while the stock would need to soar -20.0% for it to hit the projected low.
Ondas Holdings Inc (ONDS) estimates and forecasts
Year-over-year growth is forecast to reach -43.91% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 5.75M. 3 analysts are of the opinion that Ondas Holdings Inc’s revenue for the current quarter will be 5.61M. The company’s revenue for the corresponding quarters a year ago was 4.96M and 625.01k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 15.97%. The estimates for the next quarter sales put growth at 797.32%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -228.44%. The 2025 estimates are for Ondas Holdings Inc earnings to increase by 40.63%, but the outlook for the next 5-year period is at 50.51% per year.
Ondas Holdings Inc (NASDAQ:ONDS)’s Major holders
BLEICHROEDER LP holds the second largest percentage of outstanding shares, with 1.1676% or 0.78 million shares worth $0.45 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 Vanguard Extended Market Index Fund. With 1.56 shares estimated at $1.95 million under it, the former controlled 7.87% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 2.60% of the shares, roughly 515.58 shares worth around $0.64 million.
