A History of Outperforming Analyst Forecasts and Beating the Odds: Motus GI Holdings Inc. (MOTS)

Motus GI Holdings Inc. (NASDAQ: MOTS) stock fell -15.00% on Friday to $4.08 against a previous-day closing price of $4.80. With 1.25 million shares changed hands, the volume of the stock remained heavier than its average volume of 83160.0 shares. During the session, the Diagnostics & Research company that operates in wider Healthcare sector, reached to the highest price of $5.2214 whereas the lowest price it dropped to was $4.0300. The 52-week range on MOTS shows that it touched its highest point at $18.40 and its lowest point at $3.85 during that stretch. It currently has a 1-year price target of $23.00. Beta for the stock currently stands at 2.02.

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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 MOTS was up-trending over the past week, with a rise of 0.49%, but this was down by -24.92% over a month. Three-month performance dropped to -25.52% while six-month performance fell -43.97%. The stock lost -76.58% in the past year, while it has lost -56.32% so far this year. A look at the trailing 12-month EPS for MOTS yields -7.84 with Next year EPS estimates of -7.41. For the next quarter, that number is -2.01. This implies an EPS growth rate of 10.40% for this year and 20.00% for next year.

Float and Shares Shorts:

At present, 2.59 million MOTS shares are outstanding with a float of 2.55 million shares on hand for trading. On Jul 14, 2022, short shares totaled 0.11 million, which was 3.89% higher than short shares on Jun 14, 2022. In addition to Mr. Timothy P. Moran as the firm’s CEO & Director, Mr. Mark Pomeranz serves as its Pres, COO & Director.

Institutional Ownership:

Through their ownership of 6.21% of MOTS’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of MOTS, in contrast to — held by mutual funds. Shares owned by individuals account for –.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MOTS since 5 analysts follow the stock currently. There are 5 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 MOTS analysts setting a high price target of $28.00 and a low target of $11.00, the average target price over the next 12 months is $21.00. Based on these targets, MOTS could surge 586.27% to reach the target high and rise by 169.61% to reach the target low. Reaching the average price target will result in a growth of 414.71% 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. MOTS will report FY 2022 earnings on 03/29/2023. Analysts have provided yearly estimates in a range of -$7.03 being high and -$10.00 being low. For MOTS, this leads to a yearly average estimate of -$8.53. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Motus GI Holdings Inc. surprised analysts by $0.32 when it reported -$1.80 EPS against a consensus estimate of -$2.12. The surprise factor in the prior quarter was $0.08. Based on analyst estimates, the high estimate for the next quarter is -$1.66 and the low estimate is -$2.40. The average estimate for the next quarter is thus -$2.01.

Summary of Insider Activity:

Insiders traded MOTS 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 10 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 779,646 while 0 shares were sold.

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