Genasys Inc. (NASDAQ:GNSS) previous close was $5.46 while the outstanding shares total 33.68M. The firm has a beta of 0.54, a 12-month trailing P/E ratio of 19.02, and a growth ratio of 1.27. GNSS’s shares traded higher over the last trading session, gaining 6.23% on 06/16/21. The shares fell to a low of $5.60 before closing at $5.80. Intraday shares traded counted 0.77 million, which was -407.44% lower than its 30-day average trading volume of 151.82K. The stock’s Relative Strength Index (RSI) is 51.84, with weekly volatility at 7.00% and ATR at 0.34. The GNSS stock’s 52-week price range has touched low of $3.90 and a $8.32 high.
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Investors have identified the Scientific & Technical Instruments company Genasys 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 $193.43 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.
Genasys Inc. (GNSS) 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 37.19 million total, with 10.71 million as their total liabilities.
GNSS were able to record -4.15 million as free cash flow during the 08/16/2021 quarter of the year, this saw their quarterly net cash flow reduce by -4.07 million. In cash movements, the company had a total of 0.36 million as operating cash flow.
Potential earnings growth for Genasys Inc. (GNSS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/16/2021 quarter of the year, Genasys Inc. recorded a total of 11.3 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 26.77% coming in sequential stages and their sales for the 08/16/2021 quarter increasing by 28.96%.
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 5.96 million trying to sell their products during the last quarter, with the result yielding a gross income of 5.34 million. This allows shareholders to hold on to 33.68M with the recently reported earning now reading 0.01 cents per share. This is a figure that compared to analyst’s prediction for their 08/16/2021 (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 GNSS sounds very interesting.
Is the stock of GNSS attractive?
In related news, Director, Coburn John G sold 12,571 shares of the company’s stock in a transaction that recorded on Mar 15. The sale was performed at an average price of 7.97, for a total value of 100,191. As the sale deal closes, the Director, Coburn John G now sold 56,456 shares of the company’s stock, valued at 449,785. Also, Director, Clague Laura sold 5,456 shares of the company’s stock in a deal that was recorded on Mar 10. The shares were price at an average price of 7.42 per share, with a total market value of 40,465. Following this completion of acquisition, the Director, McCollum Daniel H now holds 20,000 shares of the company’s stock, valued at 129,200. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.70%.
3 out of 3 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Genasys Inc.. 0 analysts has assigned a Sell rating on the GNSS stock. The 12-month mean consensus price target for the company’s shares has been set at $9.00.
