The Glimpse Group (VRAR) Stock Price, News & Analysis

Company Overview

The Glimpse Group, Inc., a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D interactive digital models and experiences in AR; Immersive Health Group, a VR/AR platform for evidence-based and outcome driven healthcare solutions; and Foretell Reality, a social VR platform for behavioral health, support groups, collaboration, and soft skills training. The company also provides Glimpse Turkey for developing and creating 3D models for QReal; XR Terra that provides immersive technologies for teaching courses and training; Sector 5 Digital for corporate immersive experiences and events; PulpoAR, an AR try-on technology that targets the beauty and cosmetics industry; and Brightline Interactive, which offers immersive and interactive experiences, training scenarios, and simulations for government and commercial customers. The company was incorporated in 2016 and is headquartered in New York, New York.

Key Stats

• Today's Range: $2.60 to $3.96
• 50-Day Range: $0.58 to $3.49
• 52-Week Range: $0.50 to $7.00
• Volume: 5.96 million shs
• Average Volume: 688,600 shs
• Market Capitalization: $63.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.65
• Consensus Rating: Buy

The Glimpse Group Stock Analysis - MarketRank™

The Glimpse Group scored higher than 18% of companies evaluated by MarketBeat, and ranked 276th out of 330 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: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

The Glimpse Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

The Glimpse Group has only been the subject of 1 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 The Glimpse Group is -8.12, 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 The Glimpse Group is -8.12, 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

The Glimpse Group has a P/B Ratio of 5.45. 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

2.47% of the float of The Glimpse Group has been sold short.

Short Interest Ratio / Days to Cover

The Glimpse Group has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in The Glimpse Group has recently decreased by 4.25%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

The Glimpse Group does not currently pay a dividend.

Dividend Growth

The Glimpse Group does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

2.47% of the float of The Glimpse Group has been sold short.

Short Interest Ratio / Days to Cover

The Glimpse Group has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in The Glimpse Group has recently decreased by 4.25%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.21

News Sentiment

The Glimpse Group has a news sentiment score of 0.21. 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 12 news articles for The Glimpse Group this week, compared to 0 articles on an average week.

Search Interest

13 people have searched for VRAR on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added The Glimpse Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, The Glimpse Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

21.47% of the stock of The Glimpse Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 21.41% of the stock of The Glimpse Group is held by institutions.

VRAR Stock Analysis - Frequently Asked Questions

How have VRAR shares performed this year?

The Glimpse Group's stock was trading at $1.13 on January 1st, 2024. Since then, VRAR shares have increased by 208.8% and is now trading at $3.49.
View the best growth stocks for 2024 here.

How were The Glimpse Group's earnings last quarter?

The Glimpse Group, Inc. (NASDAQ:VRAR) announced its quarterly earnings data on Monday, September, 30th. The company reported ($0.24) earnings per share (EPS) for the quarter. The business earned $1.73 million during the quarter. The Glimpse Group had a negative net margin of 89.57% and a negative trailing twelve-month return on equity of 55.72%.

When did The Glimpse Group IPO?

The Glimpse Group (VRAR) raised $12 million in an initial public offering on Thursday, July 1st 2021. The company issued 1,750,000 shares at $6.00-$8.00 per share.

Who are The Glimpse Group's major shareholders?

The Glimpse Group's top institutional investors include NorthRock Partners LLC (0.55%). Insiders that own company stock include Lemuel Amen, Alexander Ruckdaeschel, Jeffrey D Enslin, Jeffrey Ralph Meisner, Maydan Rothblum and Lyron L Bentovim.
View institutional ownership trends.

How do I buy shares of The Glimpse Group?

Shares of VRAR 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 The Glimpse Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The Glimpse Group investors own include Predictive Oncology (POAI), Ford Motor (F), Abbott Laboratories (ABT), Cricut (CRCT), Bank of America (BAC), JPMorgan Chase & Co. (JPM) and Insulet (PODD).

Company Calendar

• Last Earnings: 9/30/2024
• Today: 12/20/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Custom computer programming services
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:VRAR
• CUSIP: N/A
• CIK: 1854445
• Web: www.theglimpsegroup.com
• Phone: 917-292-2685
• Fax: N/A
• Employees: 112
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.65
• High Stock Price Target: $2.65
• Low Stock Price Target: $2.65
• Potential Upside/Downside: -24.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.43)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-6,390,000.00
• Net Margins: -89.57%
• Pretax Margin: -89.57%
• Return on Equity: -55.72%
• Return on Assets: -39.72%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.83
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $8.14 million
• Price / Sales: 7.79
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.64 per share
• Price / Book: 5.45

Miscellaneous

• Outstanding Shares: 18,174,000
• Free Float: 14,272,000
• Market Cap: $63.43 million
• Optionable: Optionable
• Beta: 1.98