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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
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First it was Tyson stock, now this food company is set to rally
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6 reasons to buy Teva Pharmaceuticals stock sooner than later
Block's multiple ecosystems drive shares higher on 2024 outlook
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
4 stocks benefitting from NVIDIA's explosive growth
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
Analysts boosted Snowflake stock, big firms are buying now
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
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Is CRISPR Therapeutics the NVIDIA of gene editing?
First it was Tyson stock, now this food company is set to rally
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6 reasons to buy Teva Pharmaceuticals stock sooner than later
Block's multiple ecosystems drive shares higher on 2024 outlook
NASDAQ:MICS

Singing Machine (MICS) Stock Price, News & Analysis

$0.72
+0.01 (+0.97%)
(As of 02/23/2024 08:53 PM ET)
Today's Range
$0.67
$0.73
50-Day Range
$0.66
$1.17
52-Week Range
$0.61
$3.28
Volume
26,000 shs
Average Volume
14,392 shs
Market Capitalization
$3.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.00

Singing Machine MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
458.0% Upside
$4.00 Price Target
Short Interest
Healthy
2.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.41mentions of Singing Machine in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars


MICS stock logo

About Singing Machine Stock (NASDAQ:MICS)

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, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone and 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 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. The Singing Machine Company, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida.

MICS Stock Price History

MICS Stock News Headlines

Singing Machine Co. Inc.
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Birthdays – Feb. 19
Blue Chips And Billionaires Quietly Investing In "The New Oil"
They're as essential to the tech and AI revolutions as oil was to the industrial revolution. Known as rare earth elements or REEs, these relatively unheard of commodities are essential to semiconductor chips, renewable energy, electric vehicles, and more.
Singing Machine Completes $2.0 Million Private Placement
Filipinos find joy in karaoke
'We love singing': Filipinos find joy in karaoke
See More Headlines
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Company Calendar

Today
2/26/2024
Next Earnings (Estimated)
2/27/2024
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Prerecorded records & tapes
Sub-Industry
N/A
Current Symbol
NASDAQ:MICS
Employees
37
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$4.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+458.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-4,640,000.00
Pretax Margin
-21.85%

Debt

Sales & Book Value

Annual Sales
$39.30 million
Book Value
$3.28 per share

Miscellaneous

Free Float
2,216,000
Market Cap
$3.03 million
Optionable
Not Optionable
Beta
-0.13
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MICS Stock Analysis - Frequently Asked Questions

Should I buy or sell Singing Machine stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Singing Machine in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MICS shares.
View MICS analyst ratings
or view top-rated stocks.

What is Singing Machine's stock price target for 2024?

1 brokerages have issued 12 month price targets for Singing Machine's shares. Their MICS share price targets range from $4.00 to $4.00. On average, they predict the company's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 458.0% from the stock's current price.
View analysts price targets for MICS
or view top-rated stocks among Wall Street analysts.

How have MICS shares performed in 2024?

Singing Machine's stock was trading at $1.01 on January 1st, 2024. Since then, MICS shares have decreased by 29.0% and is now trading at $0.7169.
View the best growth stocks for 2024 here
.

When is Singing Machine's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our MICS earnings forecast
.

When did Singing Machine IPO?

(MICS) raised $4 million in an initial public offering (IPO) on Tuesday, May 24th 2022. The company issued 1,000,000 shares at a price of $4.00 per share. Aegis Capital Corp. served as the underwriter for the IPO.

Who are Singing Machine's major shareholders?

Singing Machine's stock is owned by many different retail and institutional investors. Top institutional investors include Cable Car Capital LLC (3.67%) and Perritt Capital Management Inc. (2.26%). Insiders that own company stock include Ault Alliance, Inc, Bitnile Holdings, Inc, Milton C Ault III and Stingray Group Inc.
View institutional ownership trends
.

How do I buy shares of Singing Machine?

Shares of MICS 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.
Compare Top Brokerages Here.

This page (NASDAQ:MICS) was last updated on 2/26/2024 by MarketBeat.com Staff