In the last trading session, 1.37 million Accuray Inc (NASDAQ:ARAY) shares changed hands as the company’s beta touched 1.30. With the company’s per share price at $1.28 changed hands at -$0.01 or -0.78% during last session, the market valuation stood at $131.86M. ARAY’s last price was a discount, traded about -130.47% off its 52-week high of $2.95. The share price had its 52-week low at $1.14, which suggests the last value was 10.94% up since then.
Analysts gave the Accuray Inc (ARAY) 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 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ARAY as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Accuray Inc’s EPS for the current quarter is expected to be 0.01.
Accuray Inc (NASDAQ:ARAY) trade information
Instantly ARAY was in red as seen at the end of in last trading. With action -17.42%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -35.35%, with the 5-day performance at -17.42% in the red. However, in the 30-day time frame, Accuray Inc (NASDAQ:ARAY) is -14.09% down.
The consensus price target for the stock as assigned by Wall Street analysts is 6, meaning bulls need an upside of 78.67% from its current market value. According to analyst projections, ARAY’s forecast low is 6 with 6 as the target high. To hit the forecast high, the stock’s price needs a -368.75% plunge from its current level, while the stock would need to soar -368.75% for it to hit the projected low.
Accuray Inc (ARAY) estimates and forecasts
Year-over-year growth is forecast to reach 1.83% 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 123.78M. 2 analysts are of the opinion that Accuray Inc’s revenue for the current quarter will be 97.78M. The company’s revenue for the corresponding quarters a year ago was 134.29M and 101.55M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -7.83%. The estimates for the next quarter sales put growth at -3.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 3.37%. The 2025 estimates are for Accuray Inc earnings to increase by 91.67%.
ARAY Dividends
Accuray Inc is expected to release its next quarterly earnings report in July.
NEUBERGER BERMAN GROUP LLC holds the second largest percentage of outstanding shares, with 5.3408% or 5.32 million shares worth $9.68 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and HEARTLAND GROUP INC.-HEARTLAND VALUE FUND . With 2.98 shares estimated at $3.82 million under it, the former controlled 2.90% of total outstanding shares. On the other hand, HEARTLAND GROUP INC.-HEARTLAND VALUE FUND held about 2.43% of the shares, roughly 2.5 shares worth around $3.2 million.
