AST SpaceMobile Inc (NASDAQ:ASTS)’s traded shares stood at 11.43 million during the last session, with the company’s beta value hitting 1.74. At the close of trading, the stock’s price was $25.65, to imply a decrease of -2.29% or -$0.6 in intraday trading. The ASTS share’s 52-week high remains $39.08, putting it -52.36% down since that peak but still an impressive 92.32% since price per share fell to its 52-week low of $1.97. The company has a valuation of $8.12B, with an average of 12.02 million shares in intraday trading volume over the past 10 days and average of 11.63 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for AST SpaceMobile Inc (ASTS), translating to a mean rating of 1.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give ASTS a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.14.
AST SpaceMobile Inc (NASDAQ:ASTS) trade information
After registering a -2.29% downside in the last session, AST SpaceMobile Inc (ASTS) has traded red over the past five days. The 5-day price performance for the stock is -6.93%, and -16.99% over 30 days. With these gigs, the year-to-date price performance is 21.56%. Short interest in AST SpaceMobile Inc (NASDAQ:ASTS) saw shorts transact 45.28 million shares and set a 3.16 days time to cover.
The extremes give us $47.9 and $47.9 for target low and target high price respectively. As such, ASTS has been trading -86.74% off suggested target high and -86.74% from its likely low.
AST SpaceMobile Inc (ASTS) estimates and forecasts
The rating firms project that company’s revenue will grow 1,074.32% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 3.12M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 7.59M.Earnings reports from the last fiscal year show that sales brought in 500k and 900k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 525.00% before jumping 743.06% in the following quarter.
ASTS Dividends
AST SpaceMobile Inc has its next earnings report out on 2025-Mar-02. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
AST SpaceMobile Inc (NASDAQ:ASTS)’s Major holders
AST SpaceMobile Inc insiders hold 23.89% of total outstanding shares, with institutional holders owning 33.65% of the shares at 44.21% float percentage. In total, 33.65% institutions holds shares in the company, led by BLACKROCK INC. As of 2024-06-30, the company held over 8.57 million shares (or 7.0583% of shares), all amounting to roughly $99.52 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 6.69 million shares, or about 5.5045% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $77.61 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the AST SpaceMobile Inc (ASTS) shares. Going by data provided on Dec 31, 2024, Vanguard Total Stock Market Index Fund holds roughly 4.73 shares. This is just over 2.08% of the total shares, with a market valuation of $121.3 million. Data from the same date shows that the other fund manager holds a little less at 3.83, or 1.68% of the shares, all valued at about 98.12 million.
