AST SpaceMobile Inc (NASDAQ:ASTS) has a beta value of 1.68 and has seen 17.1 million shares traded in the last trading session. The company, currently valued at $10.57B, closed the last trade at $33.40 per share which meant it gained $1.22 on the day or 3.79% during that session. The ASTS stock price is -17.01% off its 52-week high price of $39.08 and 94.1% above the 52-week low of $1.97.
The consensus among analysts is that AST SpaceMobile Inc (ASTS) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.14.
AST SpaceMobile Inc (NASDAQ:ASTS) trade information
Sporting 3.79% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ASTS stock price touched $33.40 or saw a rise of 5.89%. Year-to-date, AST SpaceMobile Inc shares have moved 58.29%, while the 5-day performance has seen it change 23.20%. Over the past 30 days, the shares of AST SpaceMobile Inc (NASDAQ:ASTS) have changed 35.17%.
Wall Street analysts have a consensus price target for the stock at $37.95, which means that the shares’ value could jump 11.99% from current levels. The projected low price target is $26.0 while the price target rests at a high of $63.0. In that case, then, we find that the current price level is -88.62% off the targeted high while a plunge would see the stock lose 22.16% from current levels.
AST SpaceMobile Inc (ASTS) estimates and forecasts
The company’s shares have gained 0.97% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 1,074.32%.
2 analysts offering their estimates for the company have set an average revenue estimate of 3.12M for the current quarter. 2 have an estimated revenue figure of 7.59M for the next ending quarter. Year-ago sales stood 500k and 900k respectively for this quarter and the next, and analysts expect sales will grow by 525.00% for the current quarter and 1,074.32% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -80.92% over the past 5 years.
ASTS Dividends
AST SpaceMobile Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
AST SpaceMobile Inc (NASDAQ:ASTS)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 8.57 million shares worth more than $99.52 million. As of 2024-06-30, BLACKROCK INC. held 7.0583% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 6.69 million shares as of 2024-06-30. The firm’s total holdings are worth over $77.61 million and represent 5.5045% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund . As of Sep 30, 2024 , the former fund manager holds about 1.80% shares in the company for having 4.09 shares of worth $136.7 million while later fund manager owns 3.83 shares of worth $127.77 million as of Dec 31, 2024 , which makes it owner of about 1.68% of company’s outstanding stock.
