Genius Brands International Inc. (NASDAQ: GNUS) stock jumped 3.36% on Friday to $0.83 against a previous-day closing price of $0.80. With 1.24 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.51 million shares. During the session, the Entertainment company that operates in wider Communication Services sector, reached to the highest price of $0.8400 whereas the lowest price it dropped to was $0.8137. The 52-week range on GNUS shows that it touched its highest point at $2.32 and its lowest point at $0.51 during that stretch. It currently has a 1-year price target of $5.00. Beta for the stock currently stands at 1.81.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GNUS was up-trending over the past week, with a rise of 16.51%, but this was up by 21.56% over a month. Three-month performance surged to 15.89% while six-month performance fell -5.51%. The stock lost -46.79% in the past year, while it has lost -20.95% so far this year. A look at the trailing 12-month EPS for GNUS yields -0.17 with Next year EPS estimates of -0.11. For the next quarter, that number is -0.14. This implies an EPS growth rate of 84.90% for this year and 16.70% for next year.
Float and Shares Shorts:
At present, 303.78 million GNUS shares are outstanding with a float of 289.68 million shares on hand for trading. On Jul 14, 2022, short shares totaled 40.92 million, which was 12.95% higher than short shares on Jun 14, 2022. In addition to Mr. Andrew A. Heyward as the firm’s Chairman & CEO, Mr. Robert L. Denton serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 22.97% of GNUS’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 8.30% of GNUS, in contrast to 5.06% held by mutual funds. Shares owned by individuals account for 10.30%. As the largest shareholder in GNUS with 5.57% of the stake, BlackRock Fund Advisors holds 17,617,008 shares worth 17,617,008. A second-largest stockholder of GNUS, The Vanguard Group, Inc., holds 14,853,428 shares, controlling over 4.70% of the firm’s shares. SSgA Funds Management, Inc. is the third largest shareholder in GNUS, holding 5,125,633 shares or 1.62% stake. With a 2.70% stake in GNUS, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 8,534,678 shares are owned by the mutual fund manager. The Vanguard Extended Market Index Fu, which owns about 1.25% of GNUS stock, is the second-largest Mutual Fund holder. It holds 3,944,268 shares valued at 2.99 million. Pender Small Cap Opportunities Fu holds 0.84% of the stake in GNUS, owning 2,643,800 shares worth 2.0 million.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GNUS since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GNUS analysts setting a high price target of $5.00 and a low target of $5.00, the average target price over the next 12 months is $5.00. Based on these targets, GNUS could surge 502.41% to reach the target high and rise by 502.41% to reach the target low. Reaching the average price target will result in a growth of 502.41% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. GNUS will report FY 2022 earnings on 03/01/2023. Analysts have provided yearly estimates in a range of -$0.11 being high and -$0.11 being low. For GNUS, this leads to a yearly average estimate of -$0.11. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.03.
Summary of Insider Activity:
Insiders traded GNUS stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 3 while that of sell transactions has risen to 1 over the past year. The total number of shares bought during that period was 1,259,166 while 419,335 shares were sold.
