During the recent session, AST SpaceMobile Inc (NASDAQ:ASTS)’s traded shares were 2.2 million, with the beta value of the company hitting 1.74. At the last check today, the stock’s price was $27.46, reflecting an intraday gain of 0.62% or $0.17. The 52-week high for the ASTS share is $39.08, that puts it down -42.32 from that peak though still a striking 92.83% gain since the share price plummeted to a 52-week low of $1.97. The company’s market capitalization is $8.69B, and the average intraday trading volume over the past 10 days was 7.83 million shares, and the average trade volume was 11.76 million shares over the past three months.
AST SpaceMobile Inc (ASTS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.17. ASTS has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.14.
AST SpaceMobile Inc (NASDAQ:ASTS) trade information
AST SpaceMobile Inc (ASTS) registered a 0.62% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.62% in intraday trading to $27.46, hitting a weekly high. The stock’s 5-day price performance is 11.22%, and it has moved by 0.81% in 30 days. Based on these gigs, the overall price performance for the year is 866.90%. The short interest in AST SpaceMobile Inc (NASDAQ:ASTS) is 47.49 million shares and it means that shorts have 3.31 day(s) to cover.
The consensus price target of analysts on Wall Street is $47.9, which implies an increase of 42.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $47.9 and $47.9 respectively. As a result, ASTS is trading at a discount of -74.44% off the target high and -74.44% off the low.
AST SpaceMobile Inc (ASTS) estimates and forecasts
In the rating firms’ projections, revenue will increase 1,074.32% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3.12M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 7.59M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 500k and 900k respectively. In this case, analysts expect current quarter sales to grow by 525.00% and then jump by 743.06% in the coming quarter.
ASTS Dividends
AST SpaceMobile Inc is due to release its next quarterly earnings on 2025-Mar-02. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
AST SpaceMobile Inc (NASDAQ:ASTS)’s Major holders
AST SpaceMobile Inc insiders own 23.89% of total outstanding shares while institutional holders control 33.76%, with the float percentage being 44.36%. BLACKROCK INC. is the largest shareholder of the company, while 347.0 institutions own stock in it. As of 2024-06-30, the company held over 8.57 million shares (or 6.0715% of all shares), a total value of $99.52 million in shares.
The next largest institutional holding, with 6.69 million shares, is of VANGUARD GROUP INC’s that is approximately 5.5045% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $77.61 million.
Also, the Mutual Funds coming in first place with the largest holdings of AST SpaceMobile Inc (ASTS) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 4.73 shares. This amounts to just over 2.00 percent of the company’s overall shares, with a $127.99 million market value. The same data shows that the other fund manager holds slightly less at 3.83, or about 1.62% of the stock, which is worth about $103.53 million.
