The Beachbody Company Inc. (NYSE:BODY) price is hovering lower on Monday, September 13, dropping -2.90% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $6.39, with intraday deals fluctuating between $6.28 and $6.74. Taking into account the 52-week price action we note that the stock hit a 52-week high of $18.20 and 52-week low of $6.28. The stock subtracted -20.92% on its value in the past month.
The Beachbody Company Inc., which has a market valuation of $2.06 billion, is expected to release its quarterly earnings report Aug 12, 2021. Analysts tracking BODY have forecast the quarterly EPS to shrink by -0.14 per share this quarter, while the same analysts predict the annual EPS to hit -$0.44 for the year 2021 and up to -$0.29 for 2022.
On average, analysts have forecast the company’s revenue for the quarter will hit $246.93 million, with the likely lows of $235.9 million and highs of $263.9 million. Staying with the analyst view, there is a consensus estimate of $965.43 million for the company’s annual revenue in 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 4 analysts have assigned BODY a recommendation rating as follows: 1 rate it as a Hold; 2 advise Buy while 1 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the The Beachbody Company Inc. (BODY) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Overweight, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that BODY’s price is at present -16.53% off the SMA20 and -25.95% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 32.78, with weekly volatility standing at 8.55%. The indicator jumps to 7.77% when calculated based on the past 30 days. The Beachbody Company Inc. (NYSE:BODY)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.56. Considering analysts have assigned the stock a price target range of $9.00-$15.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $11.63. Based on this estimate, we see that today’s price at last check is roughly -45.16% off the estimated low and -141.94% off the forecast high. Investors will no doubt be excited to see the share price fall to $11.25, which is the median consensus price, and at that level BODY would be -81.45% from recent price.
An analysis of the The Beachbody Company Inc. (NYSE:BODY) stock in terms of its daily trading volume indicates that the 3-month average is 2.15 million.
Current records show that the company has 308.18M in outstanding shares. The insiders’ percentage holdings are 2.40% of outstanding shares while the percentage share held by institutions stands at 31.60%. But the -38.97% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.