BTRS Holdings Inc. (NASDAQ:BTRS) previous close was $14.56 while the outstanding shares total 149.11M. BTRS’s shares traded higher over the last trading session, gaining 1.65% on 06/02/21. The shares fell to a low of $14.51 before closing at $14.80. Intraday shares traded counted 0.9 million, which was -8.44% lower than its 30-day average trading volume of 827.30K. The stock’s Relative Strength Index (RSI) is 58.57, with weekly volatility at 4.79% and ATR at 0.70. The BTRS stock’s 52-week price range has touched low of $9.69 and a $19.76 high.
Investors have identified the Software – Application company BTRS 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 $2.21 billion, 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.
BTRS Holdings Inc. (BTRS) 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. In terms of their assets, the company currently has 348.89 million total, with 59.76 million as their total liabilities.
BTRS were able to record -10.42 million as free cash flow during the 09/01/2021 quarter of the year, this saw their quarterly net cash flow reduce by 246.01 million. In cash movements, the company had a total of -9.92 million as operating cash flow.
Potential earnings growth for BTRS Holdings Inc. (BTRS)
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 18.07 million trying to sell their products during the last quarter, with the result yielding a gross income of 23.87 million. This allows shareholders to hold on to 149.11M with the recently reported earning now reading -0.16 cents per share. This is a figure that compared to analyst’s prediction for their 09/01/2021 (-0.16 cents a share).
Having a look at the company’s valuation, the company is expected to record -0.30 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 BTRS sounds very interesting.
Is the stock of BTRS attractive?
In related news, Senior Vice President, Finance, Herning Andrew J sold 3,500 shares of the company’s stock in a transaction that recorded on May 28. The sale was performed at an average price of 14.15, for a total value of 49,525. As the sale deal closes, the Senior Vice President, Finance, Herning Andrew J now sold 5,000 shares of the company’s stock, valued at 69,500. Also, Senior Vice President, Finance, Herning Andrew J sold 417 shares of the company’s stock in a deal that was recorded on May 19. The shares were price at an average price of 12.28 per share, with a total market value of 5,121. Following this completion of acquisition, the Director, Hart Clare now holds 10,000 shares of the company’s stock, valued at 128,300. In the last 6 months, insiders have changed their ownership in shares of company stock by 12.20%.
7 out of 8 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on BTRS Holdings Inc.. 0 analysts has assigned a Sell rating on the BTRS stock. The 12-month mean consensus price target for the company’s shares has been set at $20.00.