In last trading session, Neuronetics Inc (NASDAQ:STIM) saw 0.85 million shares changing hands with its beta currently measuring 1.94. Company’s recent per share price level of $3.53 trading at -$0.07 or -1.94% at ring of the bell on the day assigns it a market valuation of $232.32M. That closing price of STIM’s stock is at a discount of -67.71% from its 52-week high price of $5.92 and is indicating a premium of 85.27% from its 52-week low price of $0.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.28 million shares which gives us an average trading volume of 1.65 million if we extend that period to 3-months.
For Neuronetics Inc (STIM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.12 in the current quarter.
Neuronetics Inc (NASDAQ:STIM) trade information
Upright in the red during last session for losing -1.94%, in the last five days STIM remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $3.53 price level, adding 13.27% to its value on the day. Neuronetics Inc’s shares saw a change of 119.25% in year-to-date performance and have moved -6.37% in past 5-day. Neuronetics Inc (NASDAQ:STIM) showed a performance of -28.83% in past 30-days. Number of shares sold short was 2.78 million shares which calculate 1.43 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 55.88% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -126.63% in reaching the projected high whereas dropping to the targeted low would mean a loss of -126.63% for stock’s current value.
Neuronetics Inc (STIM) estimates and forecasts
This year revenue growth is estimated to rise 99.43% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 29.07M for the same. And 4 analysts are in estimates of company making revenue of 36.69M in the next quarter. Company posted 17.42M and 16.45M of sales in current and next quarters respectively a year earlier.
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 2.71% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 77.06% while estimates for its earnings growth in next 5 years are of 61.20%.
Neuronetics Inc (NASDAQ:STIM)’s Major holders
Insiders are in possession of 7.99% of company’s total shares while institution are holding 48.98 percent of that, with stock having share float percentage of 53.24%. Investors also watch the number of corporate investors in a company very closely, which is 48.98% institutions for Neuronetics Inc that are currently holding shares of the company. ARCHON CAPITAL MANAGEMENT LLC is the top institutional holder at STIM for having 2.47 million shares of worth $4.45 million. And as of 2024-06-30, it was holding 8.23 of the company’s outstanding shares.
The second largest institutional holder is CANNELL CAPITAL LLC, which was holding about 2.38 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.9239 of outstanding shares, having a total worth of $4.29 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-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 849.5 shares of worth $3.0 million or 1.29% of the total outstanding shares. The later fund manager was in possession of 403.88 shares on Dec 31, 2024 , making its stake of worth around $1.43 million in the company or a holder of 0.61% of company’s stock.