In the last trading session, 14.51 million AST SpaceMobile Inc (NASDAQ:ASTS) shares changed hands as the company’s beta touched 1.63. With the company’s per share price at $28.57 changed hands at -$0.07 or -0.24% during last session, the market valuation stood at $8.28B. ASTS’s last price was a discount, traded about -36.79% 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 93.1% 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 -11.00%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 35.40%, with the 5-day performance at -11.00% in the red. However, in the 30-day time frame, AST SpaceMobile Inc (NASDAQ:ASTS) is 44.29% up.
The consensus price target for the stock as assigned by Wall Street analysts is 54.45, meaning bulls need an upside of 47.53% 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 -120.51% plunge from its current level, while the stock would need to soar -60.66% for it to hit the projected low.
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.
ASTS Dividends
AST SpaceMobile Inc is expected to release its next quarterly earnings report in March.
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 $116.94 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 $106.79 million.
