In the last trading session, 6.38 million Quantum Corp (NASDAQ:QMCO) shares changed hands as the company’s beta touched 2.84. With the company’s per share price at $12.86 changed hands at -$0.79 or -5.79% during last session, the market valuation stood at $83.93M. QMCO’s last price was a discount, traded about -604.82% off its 52-week high of $90.64. The share price had its 52-week low at $2.22, which suggests the last value was 82.74% up since then.
Analysts gave the Quantum Corp (QMCO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. 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, 3 recommended QMCO as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
Quantum Corp (NASDAQ:QMCO) trade information
Instantly QMCO was in red as seen at the end of in last trading. With action 20.30%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -76.15%, with the 5-day performance at 20.30% in the green. However, in the 30-day time frame, Quantum Corp (NASDAQ:QMCO) is 30.69% up.
The consensus price target for the stock as assigned by Wall Street analysts is 7.5, meaning bulls need a downside of -71.47% from its current market value. According to analyst projections, QMCO’s forecast low is 7.5 with 7.5 as the target high. To hit the forecast high, the stock’s price needs a 41.68% surge from its current level, while the stock would need to tank 41.68% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 18.45%. The 2025 estimates are for Quantum Corp earnings to increase by 10.86%.
QMCO Dividends
Quantum Corp is expected to release its next quarterly earnings report in June.
ALLIANZ ASSET MANAGEMENT GMBH holds the second largest percentage of outstanding shares, with 10.692% or 10.25 million shares worth $4.19 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 166.09 shares estimated at $2.14 million under it, the former controlled 2.39% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 1.07% of the shares, roughly 74.61 shares worth around $0.96 million.
