In the last trading session, 3.68 million AST SpaceMobile Inc (NASDAQ:ASTS) shares changed hands as the company’s beta touched 2.03. With the company’s per share price at $23.90 changed hands at -$0.35 or -1.44% during last session, the market valuation stood at $7.56B. ASTS’s last price was a discount, traded about -63.51% off its 52-week high of $39.08. The share price had its 52-week low at $2.12, which suggests the last value was 91.13% up since then. When we look at AST SpaceMobile Inc’s average trading volume, we note the 10-day average is 6.75 million shares, with the 3-month average coming to 11.88 million.
Analysts gave the AST SpaceMobile Inc (ASTS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.14. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ASTS as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. AST SpaceMobile Inc’s EPS for the current quarter is expected to be -0.15.
AST SpaceMobile Inc (NASDAQ:ASTS) trade information
Instantly ASTS was in red as seen at the end of in last trading. With action 12.21%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 13.27%, with the 5-day performance at 12.21% in the green. However, in the 30-day time frame, AST SpaceMobile Inc (NASDAQ:ASTS) is -0.67% down. Looking at the short shares, we see there were 43.36 million shares sold at short interest cover period of 4.84 days.
The consensus price target for the stock as assigned by Wall Street analysts is 47.9, meaning bulls need an upside of 50.1% from its current market value. According to analyst projections, ASTS’s forecast low is 47.9 with 47.9 as the target high. To hit the forecast high, the stock’s price needs a -100.42% plunge from its current level, while the stock would need to soar -100.42% for it to hit the projected low.
AST SpaceMobile Inc (ASTS) estimates and forecasts
Year-over-year growth is forecast to reach 1,045.03% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 4.06M. 4 analysts are of the opinion that AST SpaceMobile Inc’s revenue for the current quarter will be 8.79M. The company’s revenue for the corresponding quarters a year ago was 500k and 900k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 712.50%. The estimates for the next quarter sales put growth at 877.08%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -80.92%. The 2025 estimates are for AST SpaceMobile Inc earnings to increase by 56.04%.
ASTS Dividends
AST SpaceMobile Inc is expected to release its next quarterly earnings report on 2025-Mar-02.
AST SpaceMobile Inc (NASDAQ:ASTS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 23.86% of AST SpaceMobile Inc shares while 34.05% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 44.72%. There are 34.05% institutions holding the AST SpaceMobile Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 6.0715% of the shares, roughly 8.57 million ASTS shares worth $99.52 million.
JANUS HENDERSON GROUP PLC holds the second largest percentage of outstanding shares, with 5.2802% or 7.45 million shares worth $86.55 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 Small-Cap Index Fund . With 4.73 shares estimated at $113.03 million under it, the former controlled 2.00% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 1.62% of the shares, roughly 3.83 shares worth around $91.43 million.
