AudioEye (NASDAQ:AEYE - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.700-0.800 for the period, compared to the consensus estimate of 0.710. The company issued revenue guidance of $41.0 million-$42.0 million, compared to the consensus revenue estimate of $41.5 million.
AudioEye Stock Up 1.5 %
AudioEye stock traded up $0.18 during midday trading on Tuesday, reaching $12.19. The company's stock had a trading volume of 58,667 shares, compared to its average volume of 213,695. AudioEye has a 52-week low of $8.91 and a 52-week high of $34.85. The stock has a market capitalization of $151.42 million, a P/E ratio of -45.13, a PEG ratio of 2.03 and a beta of 0.94. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.84 and a quick ratio of 0.84. The stock's 50-day simple moving average is $11.58 and its 200-day simple moving average is $17.17.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on AEYE. HC Wainwright restated a "buy" rating and set a $22.00 price target on shares of AudioEye in a research note on Wednesday, April 30th. Needham & Company LLC reissued a "buy" rating and issued a $25.00 price objective on shares of AudioEye in a report on Wednesday, April 30th. Finally, B. Riley lowered their price target on shares of AudioEye from $26.00 to $20.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $26.40.
Read Our Latest Stock Report on AEYE
Insider Transactions at AudioEye
In other AudioEye news, Director James B. Hawkins bought 13,300 shares of the stock in a transaction on Wednesday, March 19th. The shares were bought at an average price of $15.39 per share, with a total value of $204,687.00. Following the purchase, the director now directly owns 114,382 shares in the company, valued at $1,760,338.98. This trade represents a 13.16 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 28.80% of the company's stock.
About AudioEye
(
Get Free Report)
AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.
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