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NASDAQ:MICS

Singing Machine (MICS) Stock Price, News & Analysis

$0.59
+0.01 (+1.73%)
(As of 07/26/2024 ET)
Today's Range
$0.56
$0.61
50-Day Range
$0.58
$1.91
52-Week Range
$0.56
$1.97
Volume
81,475 shs
Average Volume
277,022 shs
Market Capitalization
$2.49 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
579.1% Upside
$4.00 Price Target
Short Interest
Bearish
12.93% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.27mentions of Singing Machine in the last 14 days
Based on 5 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.

1.86 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

Consumer Electronics (Industry) (^YH31120030)
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Singing Machine Launches Official TikTok Shop
Company Announces Strategic Alternatives
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
See More Headlines
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Company Calendar

Last Earnings
5/15/2024
Today
7/26/2024
Next Earnings (Estimated)
8/16/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Prerecorded records & tapes
Sub-Industry
Recreation
Current Symbol
NASDAQ:MICS
Employees
30
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
+574.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-2,370,000.00
Pretax Margin
-22.29%

Debt

Sales & Book Value

Annual Sales
$2.43 million
Book Value
$1.24 per share

Miscellaneous

Free Float
2,216,000
Market Cap
$2.50 million
Optionable
Not Optionable
Beta
0.17
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Key Executives

  • Mr. Gary Atkinson (Age 43)
    CEO & Director
    Comp: $248.87k
  • Mr. Bernardo Melo (Age 47)
    Chief Revenue Officer & Director
    Comp: $323.63k
  • Mr. Milton Charles Ault III (Age 54)
    Executive Chairman
  • Mr. Richard Perez (Age 53)
    CFO & Corporate Controller
  • Mr. Brendan Hopkins
    Investor Relations Contact

MICS Stock Analysis - Frequently Asked Questions

How have MICS shares performed this year?

Singing Machine's stock was trading at $1.01 at the beginning of 2024. Since then, MICS stock has decreased by 41.7% and is now trading at $0.5890.
View the best growth stocks for 2024 here
.

How were Singing Machine's earnings last quarter?

The Singing Machine Company, Inc. (NASDAQ:MICS) announced its quarterly earnings data on Wednesday, May, 15th. The company reported ($0.37) earnings per share for the quarter. The company had revenue of $2.43 million for the quarter.

When did Singing Machine IPO?

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

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 7/26/2024 by MarketBeat.com Staff

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