Searching For Real Value In Market Debris At QuantumScape Corp (NYSE: QS)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Yahoo Finance discussed the stock recently as it posted QuantumScape Announces Timing of Fourth Quarter 2023 Business Results and Webcast.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

Stocks Info

As a NYSE listed company, QS falls under the Consumer Cyclical sector while operating within the Auto Parts industry segment. At the end of the last regular session, the stock closed at $7.50 and fluctuated between $7.62 as its day high and $7.24 as its day low. The current market capitalization of QuantumScape Corp is $3.67B. A total of 6.29 million shares were traded on the day, compared to an average of 9.95M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, QS has seen 2 BUY and 13 SELL insider trades, representing the acquisition of 36,708 and the disposition of 325,521 shares. Over the last 12 months, there were 46 BUYs and 77 SELLs from insiders. Insiders purchased 4,397,988 shares during that period but sold 3,050,135.

In the most recent transaction, Straubel Jeffrey B sold 69,309 shares of QS for 6.72 per share on Feb 05. After the transaction, the Director now owns 292,644 company shares. In a previous transaction on Jan 04, Singh Mohit sold 174,000 shares at 8.58 per share. QS shares that Chief Development Officer owns now total 642,481.

Among the insiders who sold shares, Leohold Jurgen disposed of 40,000 shares on Jan 04 at a per-share price of $9.01. This resulted in the Director holding 185,717 shares of QS after the transaction. In another insider transaction, Hettrich Kevin sold 34,607 shares at $6.51 per share on Jan 03. Company shares held by the Chief Financial Officer now total 575,936.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for QS in the last 3 months, the mean price target is $6.47 with high estimates of $10.00 and low estimates of $3.00. In terms of 52-week highs and lows, QS has a high of $13.86 and a low of $4.99.

As of this writing, QS has an earnings estimate of -$0.34 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$0.14 per share and a lower estimate of -$1.19. The company reported an EPS of -$0.26 in the last quarter, which was -30.00% lower than expectations of -$0.2.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. QS’s latest balance sheet shows that the firm has $1.45B in Cash & Short Term Investments as of fiscal 2021. There were $77.37M in debt and $30.61M in liabilities at the time. Its Book Value Per Share was $2.88, while its Total Shareholder’s Equity was $1.61B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for QS is Buy with a score of 2.50.

Most Popular

Related Posts