AST SpaceMobile (ASTS) Stock Price, News & Analysis

Company Overview

AST SpaceMobile, Inc., together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.

Key Stats

• Today's Range: $26.74 to $28.98
• 50-Day Range: $19.73 to $38.60
• 52-Week Range: $1.97 to $39.08
• Volume: 11.15 million shs
• Average Volume: 10.58 million shs
• Market Capitalization: $7.34 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $43.73
• Consensus Rating: Buy

AST SpaceMobile Stock Analysis - MarketRank™

AST SpaceMobile scored higher than 70% of companies evaluated by MarketBeat, and ranked 285th out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

AST SpaceMobile has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

AST SpaceMobile has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for AST SpaceMobile are expected to grow in the coming year, from ($0.88) to ($0.51) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AST SpaceMobile is -22.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of AST SpaceMobile is -22.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

AST SpaceMobile has a P/B Ratio of 29.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

29.76% of the float of AST SpaceMobile has been sold short.

Short Interest Ratio / Days to Cover

AST SpaceMobile has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AST SpaceMobile has recently increased by 7.47%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

AST SpaceMobile does not currently pay a dividend.

Dividend Growth

AST SpaceMobile does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

29.76% of the float of AST SpaceMobile has been sold short.

Short Interest Ratio / Days to Cover

AST SpaceMobile has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AST SpaceMobile has recently increased by 7.47%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.54

News Sentiment

AST SpaceMobile has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for AST SpaceMobile this week, compared to 9 articles on an average week.

Search Interest

Only 111 people have searched for ASTS on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

126 people have added AST SpaceMobile to their MarketBeat watchlist in the last 30 days. This is an increase of 64% compared to the previous 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, AST SpaceMobile insiders have sold 2,379.94% more of their company's stock than they have bought. Specifically, they have bought $129,863.00 in company stock and sold $3,220,524.00 in company stock.

Percentage Held by Insiders

56.56% of the stock of AST SpaceMobile is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

60.95% of the stock of AST SpaceMobile is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ASTS Stock Analysis - Frequently Asked Questions

How have ASTS shares performed this year?

AST SpaceMobile's stock was trading at $6.03 at the beginning of the year. Since then, ASTS shares have increased by 372.5% and is now trading at $28.49.
View the best growth stocks for 2024 here.

How were AST SpaceMobile's earnings last quarter?

AST SpaceMobile, Inc. (NASDAQ:ASTS) issued its earnings results on Wednesday, August, 14th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.05. The firm earned $0.90 million during the quarter, compared to analyst estimates of $2 million.

Who are AST SpaceMobile's major shareholders?

AST SpaceMobile's top institutional shareholders include Key Colony Management LLC (0.05%), Dynamic Advisor Solutions LLC (0.02%), Sanders Morris Harris LLC (0.01%) and SG Americas Securities LLC (0.01%). Insiders that own company stock include Adriana Cisneros, Scott Wisniewski, Shanti B Gupta and Huiwen Yao.
View institutional ownership trends.

How do I buy shares of AST SpaceMobile?

Shares of ASTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AST SpaceMobile own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AST SpaceMobile investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), NIO (NIO), Bakkt (BKKT), Phunware (PHUN) and Inuvo (INUV).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Communication services, not elsewhere classified
• Sub-Industry: Communication
• Current Symbol: NASDAQ:ASTS
• CUSIP: N/A
• CIK: 1780312
• Web: www.ast-science.com
• Phone: 432-276-3966
• Fax: N/A
• Employees: 390
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $43.73
• High Stock Price Target: $63.00
• Low Stock Price Target: $30.00
• Potential Upside/Downside: +53.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.98)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-87,560,000.00
• Net Margins: N/A
• Pretax Margin: -21,153.36%
• Return on Equity: -36.12%
• Return on Assets: -20.14%

Debt

• Debt-to-Equity Ratio: 0.83
• Current Ratio: 6.38
• Quick Ratio: 6.38

Sales & Book Value

• Annual Sales: $1.40 million
• Price / Sales: 5,240.78
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.98 per share
• Price / Book: 29.07

Miscellaneous

• Outstanding Shares: 257,532,000
• Free Float: 156,787,000
• Market Cap: $7.34 billion
• Optionable: Optionable
• Beta: 1.62