A better buy-in window may exist right now for American Rebel Holdings Inc. (AREB)

American Rebel Holdings Inc. (NASDAQ: AREB) stock jumped 9.18% on Wednesday to $0.17 against a previous-day closing price of $0.16. With 2.88 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.93 million shares. During the session, the Footwear & Accessories company that operates in wider Consumer Cyclical sector, reached to the highest price of $0.1853 whereas the lowest price it dropped to was $0.1613. The 52-week range on AREB shows that it touched its highest point at $1.54 and its lowest point at $0.12 during that stretch. It currently has a 1-year price target of $1.50. Beta for the stock currently stands at 1.17.

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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 AREB was up-trending over the past week, with a rise of 6.68%, but this was up by 27.21% over a month. Three-month performance dropped to -16.99% while six-month performance fell -25.97%. The stock lost -76.04% in the past year, while it has lost -10.62% so far this year. A look at the trailing 12-month EPS for AREB yields -1.57 with Next year EPS estimates of 0.03.

Float and Shares Shorts:

At present, 16.93 million AREB shares are outstanding with a float of 15.96 million shares on hand for trading. On Apr 27, 2023, short shares totaled 0.29 million, which was 1.73% higher than short shares on Mar 30, 2023. In addition to Mr. Charles A. Ross Jr. as the firm’s CEO, Treasurer, Sec. & Chairman, Mr. Douglas Edward Grau serves as its Pres, Interim Principal Accounting Officer & Director.

Institutional Ownership:

Through their ownership of 1.73% of AREB’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 1.29% of AREB, in contrast to — held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in AREB with 0.28% of the stake, Raymond James & Associates, Inc. holds 47,823 shares worth 47,823. A second-largest stockholder of AREB, Virtu Financial BD LLC, holds 36,909 shares, controlling over 0.22% of the firm’s shares. Renaissance Technologies LLC is the third largest shareholder in AREB, holding 32,700 shares or 0.19% stake.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, AREB reported revenue of $338.71k and operating income of -$1.58M. The EBITDA in the recently reported quarter was -$1.58M and diluted EPS was -$0.34.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AREB since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With AREB analysts setting a high price target of $1.50 and a low target of $1.50, the average target price over the next 12 months is $1.50. Based on these targets, AREB could surge 782.35% to reach the target high and rise by 782.35% to reach the target low. Reaching the average price target will result in a growth of 782.35% 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.

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