Ispire Technology (ISPR) Stock Price, News & Analysis

Company Overview

Ispire Technology Inc. researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc. operates as a subsidiary of Pride Worldwide Investment Limited.

Key Stats

• Today's Range: $6.40 to $7.47
• 50-Day Range: $5.61 to $7.55
• 52-Week Range: $5.01 to $13.87
• Volume: 304,568 shs
• Average Volume: 109,860 shs
• Market Capitalization: $369.36 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $12.50
• Consensus Rating: Strong Buy

Ispire Technology Stock Analysis - MarketRank™

Ispire Technology scored higher than 56% of companies evaluated by MarketBeat, and ranked 173rd out of 338 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: 3.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Ispire Technology has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ispire Technology has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ispire Technology is -19.18, 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 Ispire Technology is -19.18, 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

Ispire Technology has a P/B Ratio of 12.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.80% of the float of Ispire Technology has been sold short.

Short Interest Ratio / Days to Cover

Ispire Technology has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in Ispire Technology has recently decreased by 18.75%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Ispire Technology does not currently pay a dividend.

Dividend Growth

Ispire 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

3.80% of the float of Ispire Technology has been sold short.

Short Interest Ratio / Days to Cover

Ispire Technology has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in Ispire Technology has recently decreased by 18.75%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.58

News Sentiment

Ispire Technology has a news sentiment score of 0.58. 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 Business Services companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Ispire Technology this week, compared to 2 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, Ispire Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

65.90% of the stock of Ispire Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 5.00% of the stock of Ispire Technology is held by institutions.

ISPR Stock Analysis - Frequently Asked Questions

How have ISPR shares performed this year?

Ispire Technology's stock was trading at $12.13 at the start of the year. Since then, ISPR stock has decreased by 46.2% and is now trading at $6.52.
View the best growth stocks for 2024 here.

How were Ispire Technology's earnings last quarter?

Ispire Technology Inc. (NASDAQ:ISPR) issued its quarterly earnings results on Monday, November, 11th. The company reported ($0.10) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.10). The company earned $39.34 million during the quarter, compared to the consensus estimate of $45.60 million. Ispire Technology had a negative trailing twelve-month return on equity of 58.50% and a negative net margin of 12.80%.

When did Ispire Technology IPO?

Ispire Technology (ISPR) raised $19 million in an initial public offering on Tuesday, April 4th 2023. The company issued 2,700,000 shares at a price of $7.00 per share.

Who are Ispire Technology's major shareholders?

Top institutional investors of Ispire Technology include Yong Rong HK Asset Management Ltd (2.69%), Geode Capital Management LLC (0.80%), State Street Corp (0.37%) and Charles Schwab Investment Management Inc. (0.08%).

How do I buy shares of Ispire Technology?

Shares of ISPR 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 Ispire Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ispire Technology investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Advanced Micro Devices (AMD), NVIDIA (NVDA), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 11/11/2024
• Today: 11/17/2024
• Next Earnings (Estimated): 2/18/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Cigarettes
• Sub-Industry: N/A
• Current Symbol: NASDAQ:ISPR
• CUSIP: N/A
• CIK: 1948455
• Web: www.getispire.com
• Phone: 310-742-9975
• Fax: N/A
• Employees: 69
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $12.50
• High Stock Price Target: $12.50
• Low Stock Price Target: $12.50
• Potential Upside/Downside: +91.7%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-14,770,000.00
• Net Margins: -12.80%
• Pretax Margin: -11.98%
• Return on Equity: -58.50%
• Return on Assets: -16.87%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.13
• Quick Ratio: 1.12

Sales & Book Value

• Annual Sales: $151.91 million
• Price / Sales: 2.43
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.54 per share
• Price / Book: 12.07

Miscellaneous

• Outstanding Shares: 56,650,000
• Free Float: 19,317,000
• Market Cap: $369.36 million
• Optionable: Optionable
• Beta: 2.85