Waitr Holdings Inc. (NASDAQ:WTRH) price is hovering lower on Monday, September 13, dropping -6.06% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $0.99, with intraday deals fluctuating between $0.9744 and $1.06. The company’s 5Y monthly beta was ticking -2.43. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.57 and 52-week low of $0.97. The stock subtracted -10.00% on its value in the past month.
Waitr Holdings Inc., which has a market valuation of $122.04 million, is expected to release its quarterly earnings report Nov 08, 2021 – Nov 12, 2021. Analysts tracking WTRH have forecast the quarterly EPS to shrink by -0.02 per share this quarter, while the same analysts predict the annual EPS to hit -$0.13 for the year 2021 and up to -$0.07 for 2022. In this case, analysts estimate an annual EPS growth of -176.50% for the year and 46.20% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $47.54 million, with the likely lows of $44.54 million and highs of $50.63 million. The average estimate suggests sales growth for the quarter will likely fall by -9.80% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $195.85 million for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to grow -4.10% below that which the company brought 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. On the technical perspective front, indicators give WTRH a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
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, 3 analysts have assigned WTRH a recommendation rating as follows: 1 rate it as a Hold; 2 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Waitr Holdings Inc. (WTRH) 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 WTRH’s price is at present -21.09% off the SMA20 and -34.96% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 28.09, with weekly volatility standing at 8.47%. The indicator jumps to 9.76% when calculated based on the past 30 days. Waitr Holdings Inc. (NASDAQ:WTRH)’s beta value is holding at -2.00, while the average true range (ATR) indicator is currently reading 0.11. Considering analysts have assigned the stock a price target range of $1.75-$4.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $2.92. Based on this estimate, we see that today’s price at last check is roughly -88.17% off the estimated low and -330.11% off the forecast high. Investors will no doubt be excited to see the share price fall to $3.00, which is the median consensus price, and at that level WTRH would be -222.58% from recent price.
An analysis of the Waitr Holdings Inc. (NASDAQ:WTRH) stock in terms of its daily trading volume indicates that the 3-month average is 4.30 million.
Current records show that the company has 115.64M in outstanding shares. The insiders’ percentage holdings are 3.60% of outstanding shares while the percentage share held by institutions stands at 40.00%. But the -64.39% 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.