Mobile Infrastructure (NASDAQ:BEEP) Now Covered by Analysts at Barrington Research

Barrington Research assumed coverage on shares of Mobile Infrastructure (NASDAQ:BEEP - Free Report) in a report issued on Monday, Marketbeat reports. The firm issued an outperform rating and a $6.50 price objective on the stock. Barrington Research also issued estimates for Mobile Infrastructure's Q2 2025 earnings at ($0.11) EPS, Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.33) EPS and FY2026 earnings at ($0.27) EPS.

A number of other analysts have also recently issued reports on the stock. B. Riley started coverage on shares of Mobile Infrastructure in a research note on Thursday, January 23rd. They set a "buy" rating and a $5.00 target price for the company. Maxim Group began coverage on shares of Mobile Infrastructure in a research report on Friday, February 21st. They set a "buy" rating and a $7.00 price objective for the company. Finally, Piper Sandler initiated coverage on Mobile Infrastructure in a research note on Thursday, January 23rd. They set an "overweight" rating and a $5.00 target price on the stock.

Mobile Infrastructure Stock Performance

NASDAQ:BEEP traded down $0.06 on Monday, hitting $3.91. The company's stock had a trading volume of 25,521 shares, compared to its average volume of 65,725. Mobile Infrastructure has a one year low of $2.48 and a one year high of $4.86. The firm has a market capitalization of $165.78 million, a P/E ratio of -4.34 and a beta of 0.50. The stock has a fifty day moving average of $4.07 and a two-hundred day moving average of $3.85. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.09.

Mobile Infrastructure (NASDAQ:BEEP - Get Free Report) last posted its quarterly earnings results on Monday, March 10th. The company reported ($0.03) earnings per share for the quarter. Mobile Infrastructure had a negative net margin of 24.59% and a negative return on equity of 4.36%. During the same period in the prior year, the firm posted ($0.34) earnings per share. Research analysts predict that Mobile Infrastructure will post -0.3 earnings per share for the current year.

Institutional Trading of Mobile Infrastructure

A number of institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. bought a new position in shares of Mobile Infrastructure during the fourth quarter worth approximately $101,000. Geode Capital Management LLC boosted its holdings in shares of Mobile Infrastructure by 32.5% in the 4th quarter. Geode Capital Management LLC now owns 375,584 shares of the company's stock valued at $1,691,000 after purchasing an additional 92,110 shares in the last quarter. Concorde Asset Management LLC increased its stake in shares of Mobile Infrastructure by 12.9% in the 4th quarter. Concorde Asset Management LLC now owns 64,518 shares of the company's stock valued at $290,000 after purchasing an additional 7,354 shares during the last quarter. Barclays PLC acquired a new position in shares of Mobile Infrastructure during the 4th quarter worth $31,000. Finally, Two Sigma Securities LLC bought a new stake in shares of Mobile Infrastructure during the 4th quarter worth $85,000. Institutional investors own 84.30% of the company's stock.

About Mobile Infrastructure

Mobile Infrastructure Corporation is a Maryland corporation. The Company owns a diversified portfolio of parking assets primarily located in the Midwest and Southwest. As of December 31, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,700 parking spaces and approximately 5.4 million square feet.