In last trading session, Quantum Corp (NASDAQ:QMCO) saw 4.11 million shares changing hands with its beta currently measuring 2.96. Company’s recent per share price level of $14.82 trading at $3.56 or 31.62% at ring of the bell on the day assigns it a market valuation of $86.46M. That closing price of QMCO’s stock is at a discount of -511.61% from its 52-week high price of $90.64 and is indicating a premium of 85.02% from its 52-week low price of $2.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.76 million shares which gives us an average trading volume of 2.17 million if we extend that period to 3-months.
For Quantum Corp (QMCO), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -1.17 in the current quarter.
Quantum Corp (NASDAQ:QMCO) trade information
Upright in the green during last session for gaining 31.62%, in the last five days QMCO remained trading in the green while hitting it’s week-highest on Thursday, 03/13/25 when the stock touched $14.82 price level, adding 3.95% to its value on the day. Quantum Corp’s shares saw a change of -72.51% in year-to-date performance and have moved 30.00% in past 5-day. Quantum Corp (NASDAQ:QMCO) showed a performance of -16.79% in past 30-days. Number of shares sold short was 1.24 million shares which calculate 1.04 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7.5 to the stock, which implies a fall of -97.6% to its current value. Analysts have been projecting 7.5 as a low price target for the stock while placing it at a high target of 7.5. It follows that stock’s current price would jump 49.39% in reaching the projected high whereas dropping to the targeted low would mean a gain of 49.39% for stock’s current value.
Quantum Corp (QMCO) estimates and forecasts
This year revenue growth is estimated to fall -10.08% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 65.85M for the same. And 2 analysts are in estimates of company making revenue of 70.07M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 18.45% during past 5 years.
Quantum Corp (NASDAQ:QMCO)’s Major holders
Insiders are in possession of 14.61% of company’s total shares while institution are holding 39.83 percent of that, with stock having share float percentage of 46.64%. Investors also watch the number of corporate investors in a company very closely, which is 39.83% institutions for Quantum Corp that are currently holding shares of the company. NEUBERGER BERMAN GROUP LLC is the top institutional holder at QMCO for having 14.31 million shares of worth $5.85 million. And as of 2024-06-30, it was holding 14.9285 of the company’s outstanding shares.
The second largest institutional holder is ALLIANZ ASSET MANAGEMENT GMBH, which was holding about 10.25 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.692 of outstanding shares, having a total worth of $4.19 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 166.09 shares of worth $2.46 million or 2.85% of the total outstanding shares. The later fund manager was in possession of 74.61 shares on Dec 31, 2024 , making its stake of worth around $1.11 million in the company or a holder of 1.28% of company’s stock.
