Frequency Electronics (FEIM) Stock Price, News & Analysis

Company Overview

Frequency Electronics, Inc., together with its subsidiaries, engages in designing, development, and manufacturing of precision time and frequency control products and components for microwave integrated circuit applications. It operates through two segments, FEI-NY and FEI-Zyfer. The FEI-NY segment offers precision time and frequency control products for communication satellites, terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military; and provides design and technical support for satellite business. FEI-Zyfer segment offers global positioning system technologies to systems and subsystems for secure communications, both government and commercial, and other locator applications; and engages in sale and support of wireline telecommunications products, including US5G. It markets its products directly and through independent sales representative organizations located in the United States, Europe, and Asia. Frequency Electronics, Inc. was founded in 1961 and is headquartered in Mitchel Field, New York.

Key Stats

• Today's Range: $13.19 to $13.39
• 50-Day Range: $11.85 to $13.14
• 52-Week Range: $8.62 to $14.50
• Volume: 11,080 shs
• Average Volume: 46,333 shs
• Market Capitalization: $126.32 million
• P/E Ratio: 21.29
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Frequency Electronics Stock Analysis - MarketRank™

Frequency Electronics scored higher than 52% of companies evaluated by MarketBeat, and ranked 395th out of 650 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Frequency Electronics.

Earnings and Valuation

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

Price to Earnings Ratio vs. the Market

The P/E ratio of Frequency Electronics is 21.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Frequency Electronics is 21.32, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 234.25.

Price to Book Value per Share Ratio

Frequency Electronics has a P/B Ratio of 3.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

0.29% of the float of Frequency Electronics has been sold short.

Short Interest Ratio / Days to Cover

Frequency Electronics has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Frequency Electronics has recently decreased by 16.08%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Frequency Electronics does not currently pay a dividend.

Dividend Growth

Frequency Electronics does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

0.29% of the float of Frequency Electronics has been sold short.

Short Interest Ratio / Days to Cover

Frequency Electronics has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Frequency Electronics has recently decreased by 16.08%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.00

News Sentiment

Frequency Electronics has a news sentiment score of 1.00. 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 higher news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Frequency Electronics this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

26.10% of the stock of Frequency Electronics is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

58.60% of the stock of Frequency Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FEIM Stock Analysis - Frequently Asked Questions

How have FEIM shares performed this year?

Frequency Electronics' stock was trading at $10.95 at the beginning of 2024. Since then, FEIM shares have increased by 20.7% and is now trading at $13.22.
View the best growth stocks for 2024 here.

How were Frequency Electronics' earnings last quarter?

Frequency Electronics, Inc. (NASDAQ:FEIM) released its quarterly earnings results on Tuesday, September, 10th. The communications equipment provider reported $0.25 EPS for the quarter. The communications equipment provider had revenue of $15.08 million for the quarter. Frequency Electronics had a net margin of 10.32% and a trailing twelve-month return on equity of 16.40%.

Does Frequency Electronics have any subsidiaries?

Frequency Electronics subsidiaries include Elcom Technologies, FEI-Zyfer, FEI-Elcom Tech Inc., and FEI Zyfer Inc..

Who are Frequency Electronics' major shareholders?

Top institutional investors of Frequency Electronics include Needham Investment Management LLC (1.73%), Geode Capital Management LLC (0.97%), Thompson Davis & CO. Inc. (0.80%) and State Street Corp (0.29%). Insiders that own company stock include Edenbrook Capital, Llc and Russell M Sarachek.
View institutional ownership trends.

How do I buy shares of Frequency Electronics?

Shares of FEIM 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 Frequency Electronics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Frequency Electronics investors own include Broadcom (AVGO), NVIDIA (NVDA), Jabil (JBL), Adobe (ADBE), Arista Networks (ANET), Builders FirstSource (BLDR) and CymaBay Therapeutics (CBAY).

Company Calendar

• Ex-Dividend for 8/29 Dividend: 8/08/2024
• Dividend Payable: 8/29/2024
• Last Earnings: 9/10/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 12/10/2024
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Instruments to measure electricity
• Sub-Industry: Measuring And Control Equipment
• Current Symbol: NASDAQ:FEIM
• CUSIP: N/A
• CIK: 39020
• Web: www.freqelec.com
• Phone: (516) 794-4500
• Fax: 516-794-4340
• Employees: 200
• Year Founded: 1962

Profitability

• EPS (Most Recent Fiscal Year): $0.62
• Trailing P/E Ratio: 21.16
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $5.59 million
• Net Margins: 10.32%
• Pretax Margin: 10.32%
• Return on Equity: 16.40%
• Return on Assets: 7.48%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.53
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $55.27 million
• Price / Sales: 2.27
• Cash Flow: $0.82 per share
• Price / Cash Flow: 15.97
• Book Value: $4.20 per share
• Price / Book: 3.12

Miscellaneous

• Outstanding Shares: 9,570,000
• Free Float: 7,070,000
• Market Cap: $125.56 million
• Optionable: Not Optionable
• Beta: 0.43