During the last session, Allbirds Inc (NASDAQ:BIRD)’s traded shares were 85010.0, with the beta value of the company hitting 1.73. At the end of the trading day, the stock’s price was $11.21, reflecting an intraday gain of 3.13% or $0.34. The 52-week high for the BIRD share is $18.33, that puts it down -63.51 from that peak though still a striking 64.94% gain since the share price plummeted to a 52-week low of $3.93. The company’s market capitalization is $90.33M, and the average intraday trading volume over the past 10 days was 0.17 million shares, and the average trade volume was 65.78K shares over the past three months.
Allbirds Inc (BIRD) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.60. BIRD has a Sell rating from 1 analyst(s) out of 10 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.
Allbirds Inc (NASDAQ:BIRD) trade information
Allbirds Inc (BIRD) registered a 3.13% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.13% in intraday trading to $11.21, hitting a weekly high. The stock’s 5-day price performance is 6.36%, and it has moved by 62.46% in 30 days. Based on these gigs, the overall price performance for the year is 6.32%. The short interest in Allbirds Inc (NASDAQ:BIRD) is 0.87 million shares and it means that shorts have 25.42 day(s) to cover.
The consensus price target of analysts on Wall Street is $1.5, which implies a decrease of -647.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $8 respectively. As a result, BIRD is trading at a premium of 28.64% off the target high and 91.08% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -42.65%. While earnings are projected to return 15.72% in 2025, the next five years will return 30.53% per annum.
BIRD Dividends
Allbirds Inc is due to release its next quarterly earnings on 2025-May-08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Allbirds Inc (NASDAQ:BIRD)’s Major holders
Allbirds Inc insiders own 8.81% of total outstanding shares while institutional holders control 38.07%, with the float percentage being 41.75%. FMR LLC is the largest shareholder of the company, while 58.0 institutions own stock in it. As of 2024-06-30, the company held over 11.74 million shares (or 7.5007% of all shares), a total value of $5.87 million in shares.
The next largest institutional holding, with 5.11 million shares, is of VANGUARD GROUP INC’s that is approximately 3.2637% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.55 million.
