With 3.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.63 million shares. During the session, the Communication Equipment company that operates in wider Technology sector, reached to the highest price of $24.44 whereas the lowest price it dropped to was $23.795. The 52-week range on ASTS shows that it touched its highest point at $39.08 and its lowest point at $2.12 during that stretch. It currently has a 1-year price target of $42.27. Beta for the stock currently stands at 2.04.
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 ASTS was up-trending over the past week, with a rise of 12.21%, but this was down by -0.67% over a month. Three-month performance surged to 18.67% while six-month performance fell -4.67%. The stock gained 991.32% in the past year, while it has gained 13.27% so far this year. A look at the trailing 12-month EPS for ASTS yields -1.96 with Next year EPS estimates of -0.45. For the next quarter, that number is -0.19. This implies an EPS growth rate of 56.04% for this year and 46.71% for next year.
Float and Shares Shorts:
At present, 208.17 million ASTS shares are outstanding with a float of 163.94 million shares on hand for trading. On 2025-04-15, short shares totaled 43.36 million, which was 1909.0 higher than short shares on 1741910400. In addition to Mr. Christopher Ivory as the firm’s Chief Commercial Officer, Dr. Raymond J. Sedwick serves as its Chief Scientist of Space Systems.
Institutional Ownership:
Through their ownership of 0.34050998 of ASTS’s outstanding shares, institutional investors have minority control over the company.
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 2024-12-31, ASTS reported revenue of $1918000.0 and operating income of -$58724000.0. The EBITDA in the recently reported quarter was -$319072000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASTS since 3 analysts follow the stock currently. There are 3 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 ASTS analysts setting a high price target of 64.0 and a low target of 30.0, the average target price over the next 12 months is 42.27143. Based on these targets, ASTS could surge 167.78% to reach the target high and rise by 25.52% to reach the target low. Reaching the average price target will result in a growth of 76.87% 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. Analysts have provided yearly estimates in a range of -$0.64024 being high and -$2.98207 being low. For ASTS, this leads to a yearly average estimate of -$1.76313.