SRM Entertainment (SRM) Stock Price, News & Analysis

Company Overview

SRM Entertainment, Inc. designs, manufactures, and sells toys and souvenirs to theme parks. It sells its products through amusement parks, entertainment venues, and theme hotels in the United States, China, Japan, and internationally. The company was incorporated in 2022 and is based in Jupiter, Florida.

Key Stats

• Today's Range: $0.73 to $0.87
• 50-Day Range: $0.66 to $1.22
• 52-Week Range: $0.61 to $3.49
• Volume: 1.41 million shs
• Average Volume: 1.42 million shs
• Market Capitalization: $8.74 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SRM Entertainment Stock Analysis - MarketRank™

SRM Entertainment scored higher than 22% 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 SRM Entertainment.

Earnings and Valuation

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

Price to Earnings Ratio vs. the Market

The P/E ratio of SRM Entertainment is -1.71, 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 SRM Entertainment is -1.71, 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

SRM Entertainment has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

3.67% of the float of SRM Entertainment has been sold short.

Short Interest Ratio / Days to Cover

SRM Entertainment has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SRM Entertainment has recently decreased by 42.16%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

SRM Entertainment does not currently pay a dividend.

Dividend Growth

SRM Entertainment does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

3.67% of the float of SRM Entertainment has been sold short.

Short Interest Ratio / Days to Cover

SRM Entertainment has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SRM Entertainment has recently decreased by 42.16%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.86

News Sentiment

SRM Entertainment has a news sentiment score of 0.86. 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 0.45 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for SRM Entertainment this week, compared to 1 article on an average week.

Search Interest

3 people have searched for SRM on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added SRM Entertainment to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Institutions

Only 1.58% of the stock of SRM Entertainment is held by institutions.

SRM Stock Analysis - Frequently Asked Questions

How have SRM shares performed this year?

SRM Entertainment's stock was trading at $1.55 at the beginning of the year. Since then, SRM shares have decreased by 45.8% and is now trading at $0.84.
View the best growth stocks for 2024 here.

How were SRM Entertainment's earnings last quarter?

SRM Entertainment, Inc. (NASDAQ:SRM) issued its earnings results on Monday, August, 12th. The company reported ($0.05) EPS for the quarter. The firm earned $1.51 million during the quarter. SRM Entertainment had a negative trailing twelve-month return on equity of 118.78% and a negative net margin of 92.34%.

When did SRM Entertainment IPO?

SRM Entertainment (SRM) raised $6 million in an initial public offering on Tuesday, August 15th 2023. The company issued 1,300,000 shares at $5.00 per share. EF Hutton acted as the underwriter for the IPO.

How do I buy shares of SRM Entertainment?

Shares of SRM 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 SRM Entertainment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SRM Entertainment investors own include Globalstar (GSAT), Globalstar (GSAT), Faraday Future Intelligent Electric (FFIE), Canopy Growth (CGC), C3is (CISS), IonQ (IONQ) and Energy Vault (NRGV).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 11/02/2024
• Next Earnings (Estimated): 11/11/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Games, toys, & childrens' vehicles
• Sub-Industry: Recreation
• Current Symbol: NASDAQ:SRM
• CUSIP: N/A
• CIK: 1956744
• Web: www.srmentertainment.com
• Phone: 407-230-8100
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.49)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-2,050,000.00
• Net Margins: -92.34%
• Pretax Margin: -92.34%
• Return on Equity: -118.78%
• Return on Assets: -107.39%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 10.85
• Quick Ratio: 8.42

Sales & Book Value

• Annual Sales: $5.76 million
• Price / Sales: 1.52
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.42 per share
• Price / Book: 2.00

Miscellaneous

• Outstanding Shares: 10,410,000
• Free Float: N/A
• Market Cap: $8.74 million
• Optionable: Not Optionable
• Beta: 1.77