Wall Street analysts’ outlook for TMC the metals company Inc (TMC)

With 1.45 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.63 million shares. The 52-week range on TMC shows that it touched its highest point at $3.20 and its lowest point at $0.65 during that stretch. It currently has a 1-year price target of $4.20. Beta for the stock currently stands at 1.82.

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 TMC was down-trending over the past week, with a drop of -4.57%, but this was up by 35.77% over a month. Three-month performance surged to 44.59% while six-month performance rose 45.22%. The stock gained 109.14% in the past year, while it has gained 51.82% so far this year. A look at the trailing 12-month EPS for TMC yields -0.50 with Next year EPS estimates of -0.04.

Float and Shares Shorts:

At present, 266.81 million TMC shares are outstanding with a float of 109.72 million shares on hand for trading. On Feb 29, 2024, short shares totaled 7.99 million, which was 2.61% higher than short shares on Jan 31, 2024. In addition to AMC as the firm’s AMC Entertainment Holdings, Inc, TMF serves as its Direxion Daily 20-Yr Treasury B.

Institutional Ownership:

Through their ownership of 5.18% of TMC’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TMC 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.

Dividends & Yield:

In terms of dividends, TMC has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and TMC currently yields $0.00. In the past year, TMC’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, TMC has a current buyback yield of $––. This was $–– for the TTM, and it was $–– for the past five years.