Joby Aviation Inc (NYSE:JOBY)’s traded shares stood at 7.05 million during the last session, with the company’s beta value hitting 2.33. At the close of trading, the stock’s price was $6.33, to imply a decrease of -2.47% or -$0.16 in intraday trading. The JOBY share’s 52-week high remains $10.72, putting it -69.35% down since that peak but still an impressive 28.91% since price per share fell to its 52-week low of $4.50. The company has a valuation of $4.99B, with an average of 10.28 million shares in intraday trading volume over the past 10 days and average of 13.65 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Joby Aviation Inc (JOBY), translating to a mean rating of 2.33. Of 4 analyst(s) looking at the stock, 1 analyst(s) give JOBY a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 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 -0.19.
Joby Aviation Inc (NYSE:JOBY) trade information
After registering a -2.47% downside in the last session, Joby Aviation Inc (JOBY) has traded red over the past five days. The 5-day price performance for the stock is 5.68%, and -16.60% over 30 days. With these gigs, the year-to-date price performance is -22.14%. Short interest in Joby Aviation Inc (NYSE:JOBY) saw shorts transact 64.41 million shares and set a 5.18 days time to cover.
The extremes give us $10 and $11.5 for target low and target high price respectively. As such, JOBY has been trading -81.67% off suggested target high and -57.98% from its likely low.
Joby Aviation Inc (JOBY) estimates and forecasts
The rating firms project that company’s revenue will grow 6,144.24% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 539.2k. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 1.54M.Earnings reports from the last fiscal year show that sales brought in 25k and 28k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 2,056.80% before jumping 5,398.57% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 5.69% for the past 5-year period. While 2025 is set for a 13.95% return in earnings, projections for the next 5 years are at 7.93% annually.
JOBY Dividends
Joby Aviation Inc has its next earnings report out on 2025-Feb-25. 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.
Joby Aviation Inc (NYSE:JOBY)’s Major holders
Joby Aviation Inc insiders hold 36.30% of total outstanding shares, with institutional holders owning 41.52% of the shares at 65.17% float percentage. In total, 41.52% institutions holds shares in the company, led by BAILLIE GIFFORD & CO. As of 2024-06-30, the company held over 52.87 million shares (or 7.6698% of shares), all amounting to roughly $269.63 million.
The next major institution holding the largest number of shares is CAPRICORN INVESTMENT GROUP LLC with 40.36 million shares, or about 5.8551% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $184.07 million.
