In the latest trading session,, 1.0 million Urban-gro Inc (NASDAQ:UGRO) shares changed hands as the company’s beta touched 0.95. With the company’s most recent per share price at $0.46 changing hands around $0.08 or 19.53% at last look, the market valuation stands at $5.85M. UGRO’s current price is a discount, trading about -369.57% off its 52-week high of $2.16. The share price had its 52-week low at $0.38, which suggests the last value was 17.39% up since then. When we look at Urban-gro Inc’s average trading volume, we note the 10-day average is 0.2 million shares, with the 3-month average coming to 100.77K.
Analysts gave the Urban-gro Inc (UGRO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended UGRO as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Urban-gro Inc’s EPS for the current quarter is expected to be -0.11.
Urban-gro Inc (NASDAQ:UGRO) trade information
Instantly UGRO is in green as seen in intraday trades today. With action -2.60%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -51.28%, with the 5-day performance at -2.60% in the red. However, in the 30-day time frame, Urban-gro Inc (NASDAQ:UGRO) is -42.48% down. Looking at the short shares, we see there were 0.29 million shares sold at short interest cover period of 6.26 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3.25, meaning bulls need an upside of 85.85% from its recent market value. According to analyst projections, UGRO’s forecast low is 3.25 with 3.25 as the target high. To hit the forecast high, the stock’s price needs a -606.52% plunge from its current level, while the stock would need to soar -606.52% for it to hit the projected low.
Urban-gro Inc (UGRO) estimates and forecasts
Year-over-year growth is forecast to reach -17.12% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 16.06M. 1 analysts are of the opinion that Urban-gro Inc’s revenue for the current quarter will be 18.4M. The company’s revenue for the corresponding quarters a year ago was 15.01M and 15.54M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 7.03%. The estimates for the next quarter sales put growth at 18.37%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -21.86%. The 2025 estimates are for Urban-gro Inc earnings to increase by 60.92%.
Urban-gro Inc (NASDAQ:UGRO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 21.77% of Urban-gro Inc shares while 21.18% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 27.08%. There are 21.18% institutions holding the Urban-gro Inc stock share, with AWM INVESTMENT COMPANY, INC. the top institutional holder. As of 2024-06-30, the company held 11.6235% of the shares, roughly 1.44 million UGRO shares worth $1.92 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.805% or 0.34 million shares worth $0.45 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . With 227.62 shares estimated at $0.1 million under it, the former controlled 4.82% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 2.35% of the shares, roughly 111.1 shares worth around $50551.0.
