Array Digital Infrastructure Inc [NYSE: AD] stock went on a downward path that fall over -0.39% on Friday, amounting to a one-week price decrease of less than -1.97%.
Over the last 12 months, AD stock rose by 23.07%. The one-year Array Digital Infrastructure Inc stock forecast points to a potential upside of 37.04. The average equity rating for AD stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $4.65 billion, with 53.00 million shares outstanding and 13.85 million shares in the current float. Compared to the average trading volume of 478.27K shares, AD stock reached a trading volume of 153765 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Array Digital Infrastructure Inc [AD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AD shares is $85.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AD stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Array Digital Infrastructure Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 07, 2024. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $38 to $75. The new note on the price target was released on May 30, 2024, representing the official price target for Array Digital Infrastructure Inc stock. Previously, the target price had yet another raise from $16 to $38, while Wells Fargo kept a Equal Weight rating on AD stock.
The Price to Book ratio for the last quarter was 1.01, with the Price to Cash per share for the same quarter was set at 4.64. Price to Free Cash Flow for AD in the course of the last twelve months was 10.62 with Quick ratio for the last quarter at 1.71.
AD Stock Performance Analysis:
Array Digital Infrastructure Inc [AD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.97. With this latest performance, AD shares gained by 5.84% in over the last four-week period, additionally plugging by 17.70% over the last 6 months – not to mention a rise of 23.07% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AD stock in for the last two-week period is set at 59.36, with the RSI for the last a single of trading hit 2.85, and the three-weeks RSI is set at 2.76 for Array Digital Infrastructure Inc [AD]. The present Moving Average for the last 50 days of trading for this stock 67.16, while it was recorded at 53.95 for the last single week of trading, and 64.73 for the last 200 days.
Insight into Array Digital Infrastructure Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Array Digital Infrastructure Inc [AD] shares currently have an operating margin of 3.16% and a Gross Margin at 36.92%. Array Digital Infrastructure Inc’s Net Margin is presently recorded at -0.68%.
Array Digital Infrastructure Inc (AD) Capital Structure & Debt Analysis
According to recent financial data for Array Digital Infrastructure Inc. ( AD), the Return on Equity (ROE) stands at -0.54%, reflecting a slight decline for investors. The Return on Assets (ROA) is -0.24%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Array Digital Infrastructure Inc’s Return on Invested Capital (ROIC) is -0.30%, showcasing its effectiveness in deploying capital for earnings.
Array Digital Infrastructure Inc (AD) Efficiency & Liquidity Metrics
Based on Array Digital Infrastructure Inc’s (AD) latest financial statements, the Debt-to-Equity Ratio is 0.83%, indicating its reliance on debt financing relative to shareholder equity.
Array Digital Infrastructure Inc (AD) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Array Digital Infrastructure Inc. (AD) effectively leverages its workforce, generating an average of -$6097.56 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.87% and a Quick Ratio of 1.71%, indicating strong ability to cover short-term liabilities.
AD Stock EPS
With the latest financial reports released by the company, Array Digital Infrastructure Inc posted 0.26/share EPS, while the average EPS was predicted by analysts to be reported at 1.27/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1.01. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AD.
Array Digital Infrastructure Inc [AD] Institutonal Ownership Details
There are presently around $30.52%, or 110.07%% of AD stock, in the hands of institutional investors.
