Aeries Technology (AERT) Stock Price, News & Analysis

Company Overview

Aeries Technology, Inc. operates as a professional services and consulting partner in the North America, Asia Pacific, and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services. The company was founded in 2012 and is headquartered in Singapore.

Key Stats

• Today's Range: $1.05 to $1.17
• 50-Day Range: $1.02 to $2.45
• 52-Week Range: $1.00 to $3.12
• Volume: 30,230 shs
• Average Volume: 80,826 shs
• Market Capitalization: $46.73 million
• P/E Ratio: 2.23
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Aeries Technology Stock Analysis - MarketRank™

Aeries Technology scored higher than 36% of companies evaluated by MarketBeat, and ranked 230th out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Aeries Technology.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Aeries Technology is 2.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Aeries Technology is 2.23, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 29.62.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.94% of the float of Aeries Technology has been sold short.

Short Interest Ratio / Days to Cover

Aeries Technology has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aeries Technology has recently decreased by 16.57%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Aeries Technology does not currently pay a dividend.

Dividend Growth

Aeries Technology does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

1.94% of the float of Aeries Technology has been sold short.

Short Interest Ratio / Days to Cover

Aeries Technology has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aeries Technology has recently decreased by 16.57%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.47

News Sentiment

Aeries Technology has a news sentiment score of 0.47. 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 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Aeries Technology this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Aeries Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.50% of the stock of Aeries Technology is held by insiders.

Percentage Held by Institutions

99.15% of the stock of Aeries Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AERT Stock Analysis - Frequently Asked Questions

How have AERT shares performed this year?

Aeries Technology's stock was trading at $2.50 at the beginning of the year. Since then, AERT shares have decreased by 58.0% and is now trading at $1.05.
View the best growth stocks for 2024 here.

How were Aeries Technology's earnings last quarter?

Aeries Technology, Inc (NASDAQ:AERT) issued its quarterly earnings data on Tuesday, October, 15th. The company reported ($0.39) earnings per share (EPS) for the quarter. The business earned $16.67 million during the quarter. Aeries Technology had a negative trailing twelve-month return on equity of 84.59% and a negative net margin of 3.60%.

Who are Aeries Technology's major shareholders?

Top institutional investors of Aeries Technology include Polar Asset Management Partners Inc. (0.34%) and Caas Capital Management LP (0.55%).

How do I buy shares of Aeries Technology?

Shares of AERT 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 Aeries Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Aeries Technology investors own include Arch Capital Group (ACGL), Adobe (ADBE), Analog Devices (ADI), Alnylam Pharmaceuticals (ALNY), Amgen (AMGN), AstraZeneca (AZN) and Baidu (BIDU).

Company Calendar

• Last Earnings: 10/15/2024
• Today: 11/22/2024
• Next Earnings (Estimated): 1/21/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Management consulting services
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:AERT
• Previous Symbol: NASDAQ:AERT
• CUSIP: N/A
• CIK: 1853044
• Web: ir.aeriestechnology.com
• Phone: 919-228-6404
• Fax: N/A
• Employees: 1,700
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.47
• Trailing P/E Ratio: 2.23
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $15.66 million
• Net Margins: -3.60%
• Pretax Margin: 3.63%
• Return on Equity: -84.59%
• Return on Assets: -5.26%

Debt

• Debt-to-Equity Ratio: 9.01
• Current Ratio: 0.87
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $72.51 million
• Price / Sales: 0.64
• Cash Flow: $0.98 per share
• Price / Cash Flow: 1.07
• Book Value: ($0.12) per share
• Price / Book: -8.75

Miscellaneous

• Outstanding Shares: 44,500,000
• Free Float: 43,833,000
• Market Cap: $46.73 million
• Optionable: N/A
• Beta: -0.42