Mobile Infrastructure (NASDAQ:BEEP) Given a $6.50 Price Target at Barrington Research

Barrington Research set a $6.50 target price on Mobile Infrastructure (NASDAQ:BEEP - Free Report) in a research report released on Monday morning, MarketBeat.com reports. The firm currently has an outperform rating 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.

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

Mobile Infrastructure Price Performance

Shares of BEEP traded down $0.03 during midday trading on Monday, hitting $3.88. The company's stock had a trading volume of 25,015 shares, compared to its average volume of 65,739. Mobile Infrastructure has a one year low of $2.48 and a one year high of $4.86. The company's fifty day simple moving average is $4.07 and its two-hundred day simple moving average is $3.85. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $164.51 million, a price-to-earnings ratio of -4.31 and a beta of 0.50.

Mobile Infrastructure (NASDAQ:BEEP - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The company reported ($0.03) earnings per share (EPS) 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 business posted ($0.34) earnings per share. As a group, equities analysts expect that Mobile Infrastructure will post -0.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of BEEP. No Street GP LP lifted its stake in shares of Mobile Infrastructure by 49.1% in the 4th quarter. No Street GP LP now owns 24,296,528 shares of the company's stock valued at $109,334,000 after purchasing an additional 7,997,842 shares during the period. Geode Capital Management LLC lifted its stake 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 during the period. Connective Capital Management LLC acquired a new position in shares of Mobile Infrastructure in the 1st quarter valued at about $223,000. Northern Trust Corp increased its position in Mobile Infrastructure by 116.1% in the 4th quarter. Northern Trust Corp now owns 61,419 shares of the company's stock valued at $276,000 after buying an additional 32,995 shares in the last quarter. Finally, Citadel Advisors LLC bought a new stake in Mobile Infrastructure in the 4th quarter valued at about $118,000. 84.30% of the stock is owned by institutional investors and hedge funds.

Mobile Infrastructure Company Profile

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.