Cineverse Corp (NASDAQ:CNVS)’s traded shares stood at 0.55 million during the last session, with the company’s beta value hitting 1.47. At the close of trading, the stock’s price was $6.04, to imply an increase of 5.96% or $0.34 in intraday trading. The CNVS share’s 52-week high remains $5.70, putting it 5.63% up since that peak but still an impressive 88.25% since price per share fell to its 52-week low of $0.71. The company has a valuation of $103.33M, with an average of 0.66 million shares in intraday trading volume over the past 10 days and average of 161.74K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Cineverse Corp (CNVS), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give CNVS a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
Cineverse Corp (NASDAQ:CNVS) trade information
After registering a 5.96% upside in the last session, Cineverse Corp (CNVS) has traded red over the past five days. The 5-day price performance for the stock is 44.50%, and 58.12% over 30 days. With these gigs, the year-to-date price performance is 571.11%. Short interest in Cineverse Corp (NASDAQ:CNVS) saw shorts transact 0.24 million shares and set a 3.04 days time to cover.
Cineverse Corp (CNVS) estimates and forecasts
The rating firms project that company’s revenue will shrink -1.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 10.18M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 20.48M.Earnings reports from the last fiscal year show that sales brought in 9.13M and 12.74M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 11.51% before jumping 60.73% in the following quarter.
CNVS Dividends
Cineverse Corp has its next earnings report out on 2025-Jun-27. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Cineverse Corp (NASDAQ:CNVS)’s Major holders
Cineverse Corp insiders hold 18.54% of total outstanding shares, with institutional holders owning 14.92% of the shares at 18.32% float percentage. In total, 14.92% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 0.43 million shares (or 2.7072% of shares), all amounting to roughly $0.38 million.
The next major institution holding the largest number of shares is CI PRIVATE WEALTH, LLC with 0.38 million shares, or about 2.3962% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.33 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Cineverse Corp (CNVS) shares. Going by data provided on Mar 31, 2025 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 400.5 shares. This is just over 2.34% of the total shares, with a market valuation of $2.42 million. Data from the same date shows that the other fund manager holds a little less at 154.94, or 0.91% of the shares, all valued at about 0.94 million.
