Ondas (ONDS) Stock Price, News & Analysis

Company Overview

Ondas Holdings Inc., through its subsidiaries, provides private wireless, drone, and automated data solutions. It operates in two segments, Ondas Networks and Ondas Autonomous Systems. The company designs, develops, manufactures, sells, and supports FullMAX, a software defined radio (SDR) platform for wide-area broadband networks. Its FullMAX SDR platform enables secure and reliable industrial-grade connectivity for truly mission-critical applications. The company also offers Optimus, an AI-powered drone with imaging payloads; the Airbase, a ruggedized weatherproof base station for housing, data processing, and cloud transfer; Insightful, a secure web portal and API, which enables remote interaction with the system, data, and resulting analytics anywhere in the world; and the Raider, a counter-drone system for security and the protection of critical infrastructure, assets, and people from the threat of hostile drones. It serves users in rail, energy, mining, agriculture, public safety, critical infrastructure, and government markets in the United States and internationally. The company is headquartered in Waltham, Massachusetts.

Key Stats

• Today's Range: $1.20 to $1.53
• 50-Day Range: $0.67 to $1.67
• 52-Week Range: $0.54 to $1.99
• Volume: 5.30 million shs
• Average Volume: 773,794 shs
• Market Capitalization: $113.62 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.50
• Consensus Rating: Buy

Ondas Stock Analysis - MarketRank™

Ondas scored higher than 19% of companies evaluated by MarketBeat, and ranked 580th out of 653 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: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Ondas has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ondas has received no research coverage in the past 90 days.

Earnings and Valuation

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

Earnings Growth

Earnings for Ondas are expected to grow in the coming year, from ($0.53) to ($0.31) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ondas is -2.04, 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 Ondas is -2.04, 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

Ondas has a P/B Ratio of 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.45% of the outstanding shares of Ondas have been sold short.

Short Interest Ratio / Days to Cover

Ondas has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ondas has recently increased by 6.18%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Ondas does not currently pay a dividend.

Dividend Growth

Ondas does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

2.45% of the outstanding shares of Ondas have been sold short.

Short Interest Ratio / Days to Cover

Ondas has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ondas has recently increased by 6.18%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.24

News Sentiment

Ondas has a news sentiment score of 0.24. 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 is a lower news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Ondas this week, compared to 1 article on an average week.

Search Interest

15 people have searched for ONDS on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Ondas insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $27,553.00 in company stock.

Percentage Held by Insiders

13.90% of the stock of Ondas is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 37.73% of the stock of Ondas is held by institutions.

ONDS Stock Analysis - Frequently Asked Questions

How have ONDS shares performed this year?

Ondas' stock was trading at $1.53 on January 1st, 2024. Since then, ONDS shares have decreased by 3.9% and is now trading at $1.47.
View the best growth stocks for 2024 here.

How were Ondas' earnings last quarter?

Ondas Holdings Inc. (NASDAQ:ONDS) posted its quarterly earnings results on Tuesday, November, 12th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by $0.01. The firm had revenue of $1.48 million for the quarter, compared to analysts' expectations of $1.32 million. Ondas had a negative net margin of 544.24% and a negative trailing twelve-month return on equity of 183.49%.

Who are Ondas' major shareholders?

Ondas' top institutional investors include Geode Capital Management LLC (0.89%), Diamond Hill Capital Management Inc. (0.58%) and Wealth Effects LLC (0.24%). Insiders that own company stock include Eric A Brock, Joseph V Popolo, Thomas Bushey, Randy Seidl, Jaspreet K Sood, Richard M Cohen, Derek Reisfield and Richard H Silverman.
View institutional ownership trends.

How do I buy shares of Ondas?

Shares of ONDS 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 Ondas own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ondas investors own include ProShares Ultra QQQ (QLD), ProShares Ultra Technology (ROM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META) and Amarin (AMRN).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Radio & t.v. communications equipment
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:ONDS
• CUSIP: N/A
• CIK: 1646188
• Web: www.ondas.com
• Phone: (888) 350-9994
• Fax: N/A
• Employees: 108
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $1.50
• High Stock Price Target: $1.50
• Low Stock Price Target: $1.50
• Potential Upside/Downside: +2.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.72)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-44,850,000.00
• Net Margins: -544.24%
• Pretax Margin: -521.01%
• Return on Equity: -183.49%
• Return on Assets: -50.42%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 0.43
• Quick Ratio: 0.21

Sales & Book Value

• Annual Sales: $8.02 million
• Price / Sales: 14.16
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.53 per share
• Price / Book: 2.77

Miscellaneous

• Outstanding Shares: 77,293,000
• Free Float: 66,549,000
• Market Cap: $113.62 million
• Optionable: Optionable
• Beta: 2.55