In last trading session, Accuray Inc (NASDAQ:ARAY) saw 0.49 million shares changing hands with its beta currently measuring 1.32. Company’s recent per share price level of $1.58 trading at $0.04 or 2.60% at ring of the bell on the day assigns it a market valuation of $162.47M. That closing price of ARAY’s stock is at a discount of -86.71% from its 52-week high price of $2.95 and is indicating a premium of 11.39% from its 52-week low price of $1.40. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.5 million shares which gives us an average trading volume of 641.99K if we extend that period to 3-months.
For Accuray Inc (ARAY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 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 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.05 in the current quarter.
Accuray Inc (NASDAQ:ARAY) trade information
Upright in the green during last session for gaining 2.60%, in the last five days ARAY remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $1.58 price level, adding 3.07% to its value on the day. Accuray Inc’s shares saw a change of -20.20% in year-to-date performance and have moved 6.76% in past 5-day. Accuray Inc (NASDAQ:ARAY) showed a performance of -15.51% in past 30-days. Number of shares sold short was 4.31 million shares which calculate 10.05 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 73.67% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -279.75% in reaching the projected high whereas dropping to the targeted low would mean a loss of -279.75% for stock’s current value.
Accuray Inc (ARAY) estimates and forecasts
This year revenue growth is estimated to rise 4.87% 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 101.53M for the same. And 4 analysts are in estimates of company making revenue of 149.06M in the next quarter. Company posted 101.13M and 134.29M 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 3.37% during past 5 years.
Accuray Inc (NASDAQ:ARAY)’s Major holders
Insiders are in possession of 2.31% of company’s total shares while institution are holding 59.98 percent of that, with stock having share float percentage of 61.40%. Investors also watch the number of corporate investors in a company very closely, which is 59.98% institutions for Accuray Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at ARAY for having 8.23 million shares of worth $14.98 million. And as of 2024-06-30, it was holding 8.266 of the company’s outstanding shares.
The second largest institutional holder is NEUBERGER BERMAN GROUP LLC, which was holding about 5.32 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.3408 of outstanding shares, having a total worth of $9.68 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.98 shares of worth $4.71 million or 2.90% of the total outstanding shares. The later fund manager was in possession of 2.47 shares on Mar 31, 2025 , making its stake of worth around $3.9 million in the company or a holder of 2.40% of company’s stock.
