Singing Machine (SMDM) Stock Price, News & Analysis

Company Overview

The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Europe, Asia, and Australia. It offers karaoke products under the flagship brand Singing Machine; licensed karaoke microphone products under the Carpool Karaoke brand; microphone accessories and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for Singing Machine hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms. It operates in North America, Europe, Asia, and Australia. The Singing Machine Company, Inc. was founded in 1982 and is headquartered in Fort Lauderdale, Florida.

Key Stats

• Today's Range: $0.19 to $0.21
• 50-Day Range: $0.19 to $0.19
• 52-Week Range: $0.13 to $0.49
• Volume: 426,400 shs
• Average Volume: 101,517 shs
• Market Capitalization: $6.83 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SMDM Stock Analysis - Frequently Asked Questions

How have SMDM shares performed this year?

Singing Machine's stock was trading at $0.1865 on January 1st, 2024. Since then, SMDM stock has increased by 0.0% and is now trading at $0.1865.
View the best growth stocks for 2024 here.

How were Singing Machine's earnings last quarter?

The Singing Machine Company, Inc. (OTCMKTS:SMDM) posted its earnings results on Tuesday, August, 14th. The company reported ($0.90) earnings per share for the quarter. The firm had revenue of $1.84 million for the quarter. Singing Machine had a trailing twelve-month return on equity of 8.48% and a net margin of 1.67%.

When did Singing Machine's stock split?

Singing Machine's stock reverse split on Tuesday, May 24th 2022. The 1-30 reverse split was announced on Tuesday, May 24th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, May 24th 2022. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

How do I buy shares of Singing Machine?

Shares of SMDM 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.
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What other stocks do shareholders of Singing Machine own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Singing Machine investors own include Aerogrow International (AERO), Amyris (AMRS), Alpine Immune Sciences (ALPN), Bloom Energy (BE), Bedrocan Cannabis (BED), General Electric (GE) and Groupon (GRPN).

Company Calendar

• Last Earnings: 8/14/2018
• Today: 11/22/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Discretionary
• Industry: Prerecorded Records & Tapes
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:SMDM
• CUSIP: N/A
• CIK: 923601
• Web: www.singingmachine.com
• Phone: (954) 596-1000
• Fax: 954-596-2000
• Employees: 33
• 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: $2.17 million
• Net Margins: 1.67%
• Pretax Margin: 1.04%
• Return on Equity: 8.48%
• Return on Assets: 2.98%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.46
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $45.80 million
• Price / Sales: 0.15
• Cash Flow: $0.06 per share
• Price / Cash Flow: 3.08
• Book Value: $0.20 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 36,636,000
• Free Float: 34,328,000
• Market Cap: $6.83 million
• Optionable: Not Optionable
• Beta: 0.81