Neonode Inc (NEON) saw downtrend of -0.53% in the recent trading with $1.89 being its most recent. The current price level -93.68% lower than the highest price of $29.90 marked by the stock while trading over the past 52-weeks, whereas it is 9.88% higher than the lowest price of $1.72 the company dropped to over past 52-weeks. The latest news story on NEON appeared in (PR Newswire) under the title “Appointment of Marec Gasiun as Executive Vice President of Sales & Marketing at Neonode”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.
Neonode Inc Earnings – What Happened With NEON
Coming around sales and income figures on NEON Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Neonode Inc (NEON) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 25.00% for net revenue.
NEON – Neonode Inc Stock Earnings Estimates
The perspective of Neonode Inc (NASDAQ:NEON),s current quarter earnings identifies that analysts are in consensus over the estimate of -0.12 for stock,s EPS in the current quarter. Neonode Inc (NEON) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 25.00% for net revenue. Company,s EPS for the last quarter was -0.09.
Neonode Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 16.78 million. NEON does have institutional investors; and they hold 23.08% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Neonode Inc (NASDAQ:NEON) with an ownership of 0.14 million shares of the company or 0.925 of the stake worth $0.29 million. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 0.7932 of the outstanding shares. Its stake is worth $0.25 million for having 0.12 million shares in hand.
GEODE CAPITAL MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 0.7315 of the outstanding shares. With this there are now 79.0 institutions which have possession in NEON,s shares.
Key Metrics for NEON
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Neonode Inc has a debt to equity ratio of 0.01.
