Waitr Holdings Inc. (NASDAQ:WTRH) Relative Strength Index (RSI) is 41.57, with weekly volatility at 6.44% and ATR at 0.14. The WTRH stock’s 52-week price range has touched low of $1.76 and a $5.85 high. Intraday shares traded counted 1.27 million, which was 55.67% higher than its 30-day average trading volume of 2.87M. Its shares traded lower over the last trading session, losing 0.00% on 05/28/21. The shares fell to a low of $1.995 before closing at $2.03. WTRH’s previous close was $2.03 while the outstanding shares total 112.33M. The firm has a beta of -1.99, a 12-month trailing P/E ratio of 16.11, and a growth ratio of 0.81.
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Investors have identified the Software – Application company Waitr Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $234.20 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Waitr Holdings Inc. (WTRH) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For WTRH, the company has in raw cash 67.86 million on their books with 1.14 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 78.59 million total, with 45.46 million as their total liabilities.
WTRH were able to record 10.92 million as free cash flow during the 08/12/2021 quarter of the year, this saw their quarterly net cash flow reduce by -16.84 million. In cash movements, the company had a total of 12.81 million as operating cash flow.
Potential earnings growth for Waitr Holdings Inc. (WTRH)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/12/2021 quarter of the year, Waitr Holdings Inc. recorded a total of 50.93 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 13.13% coming in sequential stages and their sales for the 08/12/2021 quarter increasing by 8.02%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 30.34 million trying to sell their products during the last quarter, with the result yielding a gross income of 20.59 million. This allows shareholders to hold on to 112.33M with the recently reported earning now reading -0.03 cents per share. This is a figure that compared to analyst’s prediction for their 08/12/2021 (0.01 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.12 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on WTRH sounds very interesting.
Is the stock of WTRH attractive?
In related news, Director, SCHEINTHAL STEVEN L bought 15,000 shares of the company’s stock in a transaction that recorded on Dec 01. The purchase was performed at an average price of 3.30, for a total value of 49,500. As the purchase deal closes, the Director, ORTALE BUFORD H now bought 266,113 shares of the company’s stock, valued at 731,811. Also, Director, Meaux Christopher sold 93,517 shares of the company’s stock in a deal that was recorded on Jun 04. The shares were cost at an average price of 2.17 per share, with a total market value of 202,932. Following this completion of disposal, the Director, Meaux Christopher now holds 45,716 shares of the company’s stock, valued at 105,147. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.00%.
