Foresight Autonomous (FRSX) Stock Price, News & Analysis

Company Overview

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions. The company also offers QuadSight automotive vision solution, a four-camera multi-spectral vision solution that combines two sets of stereoscopic infrared and visible-light cameras for obstacle detection; DynamiCal, an automatic calibration software solution to ensure that stereo cameras remain calibrated to create accurate and continuous 3D depth perception; and ScaleCam, a separated stereo camera solution. In addition, it provides Percept3D, a 3D point cloud solution that provides 3D raw data for obstacle detection, terrain analysis, and autonomous vehicle sensor fusion; and Mono2Stereo, a solution that enhances existing vision sensor systems by using software-based algorithms to create a 3D perception stereo vision solution. Further, the company offers Eye-Net Protect, a cellular-based V2X solution that provides real-time pre-collision alerts to various road users, such as pedestrians, cyclists, scooter drivers, etc. by using smartphones. Its solutions are used in automotive, defense, autonomous vehicles, and agriculture and heavy industrial equipment industries. The company was formerly known as Asia Development (A.D.B.M.) Ltd. and changed its name to Foresight Autonomous Holdings Ltd. in January 2016. Foresight Autonomous Holdings Ltd. is headquartered in Ness Ziona, Israel.

Key Stats

• Today's Range: $0.64 to $0.67
• 50-Day Range: $0.59 to $0.72
• 52-Week Range: $0.57 to $2.10
• Volume: 76,061 shs
• Average Volume: 229,074 shs
• Market Capitalization: $6.99 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Foresight Autonomous Stock Analysis - MarketRank™

Foresight Autonomous scored higher than 26% of companies evaluated by MarketBeat. 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 Foresight Autonomous.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Foresight Autonomous has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

1.58% of the outstanding shares of Foresight Autonomous have been sold short.

Short Interest Ratio / Days to Cover

Foresight Autonomous has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Foresight Autonomous has recently decreased by 21.17%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Foresight Autonomous does not currently pay a dividend.

Dividend Growth

Foresight Autonomous does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

1.58% of the outstanding shares of Foresight Autonomous have been sold short.

Short Interest Ratio / Days to Cover

Foresight Autonomous has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Foresight Autonomous has recently decreased by 21.17%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.70

News Sentiment

Foresight Autonomous has a news sentiment score of 0.70. 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 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

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

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

10.59% of the stock of Foresight Autonomous is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 23.45% of the stock of Foresight Autonomous is held by institutions.

FRSX Stock Analysis - Frequently Asked Questions

How have FRSX shares performed this year?

Foresight Autonomous' stock was trading at $1.03 at the beginning of 2024. Since then, FRSX shares have decreased by 37.5% and is now trading at $0.6440.
View the best growth stocks for 2024 here.

How were Foresight Autonomous' earnings last quarter?

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) released its quarterly earnings results on Thursday, November, 12th. The company reported ($0.60) EPS for the quarter, missing analysts' consensus estimates of ($0.42) by $0.18. Foresight Autonomous had a negative net margin of 1,871.62% and a negative trailing twelve-month return on equity of 86.89%.

When did Foresight Autonomous' stock split?

Shares of Foresight Autonomous reverse split before market open on Friday, April 21st 2023. The 1-6 reverse split was announced on Friday, April 21st 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, April 21st 2023. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

How do I buy shares of Foresight Autonomous?

Shares of FRSX 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 Foresight Autonomous own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Foresight Autonomous investors own include Zomedica (ZOM), Jumia Technologies (JMIA), NIO (NIO), Nano Dimension (NNDM), Tesla (TSLA), Virgin Galactic (SPCE) and Palantir Technologies (PLTR).

Company Calendar

• Last Earnings: 11/12/2020
• Today: 11/21/2024
• Next Earnings (Estimated): 11/27/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:FRSX
• CUSIP: N/A
• CIK: 1701229
• Web: www.foresightauto.com
• Phone: 972779709030
• Fax: 972-077-9709031
• Employees: 70
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-18,410,000.00
• Net Margins: -1,871.62%
• Pretax Margin: -1,872.07%
• Return on Equity: -86.89%
• Return on Assets: -69.17%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.79
• Quick Ratio: 5.79

Sales & Book Value

• Annual Sales: $500,000.00
• Price / Sales: 14.08
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.48 per share
• Price / Book: 0.44

Miscellaneous

• Outstanding Shares: 10,830,000
• Free Float: 9,680,000
• Market Cap: $7.04 million
• Optionable: Optionable
• Beta: 1.71