During the last session, Urban-gro Inc (NASDAQ:UGRO)’s traded shares were 0.75 million, with the beta value of the company hitting 1.58. At the end of the trading day, the stock’s price was $0.45, reflecting an intraday loss of -13.00% or -$0.07. The company’s market capitalization is $5.74M, and the average intraday trading volume over the past 10 days was 0.16 million shares, and the average trade volume was 88.95K shares over the past three months.
Urban-gro Inc (UGRO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. UGRO has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 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 -0.11.
Urban-gro Inc (NASDAQ:UGRO) trade information
Urban-gro Inc (UGRO) registered a -13.00% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -13.00% in intraday trading to $0.45, hitting a weekly high. The stock’s 5-day price performance is -24.60%, and it has moved by -44.05% in 30 days. Based on these gigs, the overall price performance for the year is -76.80%. The short interest in Urban-gro Inc (NASDAQ:UGRO) is 0.29 million shares and it means that shorts have 6.26 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.25, which implies an increase of 86.15% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.25 and $3.25 respectively. As a result, UGRO is trading at a discount of -622.22% off the target high and -622.22% off the low.
Urban-gro Inc (UGRO) estimates and forecasts
In the rating firms’ projections, revenue will decrease -17.12% 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 16.06M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 18.4M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 15.01M and 15.54M respectively. In this case, analysts expect current quarter sales to grow by 7.03% and then jump by 18.37% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -21.86%. While earnings are projected to return 50.20% in 2025, the next five years will return 60.80% per annum.
UGRO Dividends
Urban-gro Inc is due to release its next quarterly earnings on 2025-Feb-17. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Urban-gro Inc (NASDAQ:UGRO)’s Major holders
Urban-gro Inc insiders own 21.77% of total outstanding shares while institutional holders control 21.18%, with the float percentage being 27.08%. AWM INVESTMENT COMPANY, INC. is the largest shareholder of the company, while 32.0 institutions own stock in it. As of 2024-06-30, the company held over 1.44 million shares (or 11.6235% of all shares), a total value of $1.92 million in shares.
The next largest institutional holding, with 0.34 million shares, is of VANGUARD GROUP INC’s that is approximately 2.805% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.45 million.
Also, the Mutual Funds coming in first place with the largest holdings of Urban-gro Inc (UGRO) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 227.62 shares. This amounts to just over 4.82 percent of the company’s overall shares, with a $0.1 million market value. The same data shows that the other fund manager holds slightly less at 111.1, or about 2.35% of the stock, which is worth about $50262.0.
