NASDAQ:MICS Singing Machine (MICS) Stock Price, News & Analysis → The 7th Trillion Dollar Company? (From The Oxford Club) (Ad) Free MICS Stock Alerts $1.39 -0.01 (-0.71%) (As of 03:08 PM ET) Add Compare Share Share Today's Range$1.35▼$1.5850-Day Range$0.74▼$1.4352-Week Range$0.61▼$2.49Volume63,804 shsAverage Volume30,774 shsMarket Capitalization$5.87 millionP/E RatioN/ADividend YieldN/APrice Target$4.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Singing Machine alerts: Email Address Singing Machine MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside175.8% Upside$4.00 Price TargetShort InterestHealthy4.09% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.10Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.1.91 out of 5 stars 3.5 Analyst's Opinion Consensus RatingSinging Machine has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageSinging Machine has received no research coverage in the past 90 days.Read more about Singing Machine's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.09% of the float of Singing Machine has been sold short.Short Interest Ratio / Days to CoverSinging Machine has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Singing Machine has recently increased by 27.23%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSinging Machine does not currently pay a dividend.Dividend GrowthSinging Machine does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MICS. Previous Next 2.8 News and Social Media Coverage News SentimentSinging Machine has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Singing Machine this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for MICS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Singing Machine insiders have not sold or bought any company stock.Percentage Held by Insiders47.50% of the stock of Singing Machine is held by insiders. A high percentage of insider ownership can be a sign of company health.Read more about Singing Machine's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Book Value per Share RatioSinging Machine has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Singing Machine's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Oxford ClubThe 7th Trillion Dollar Company?There are six American companies worth more than $1 trillion currently. But is there going to be a 7th trillion dollar company soon?This company just signed a MASSIVE deal with Apple. 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.Read More MICS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MICS Stock News HeadlinesMay 25 at 2:04 AM | americanbankingnews.comSinging Machine (NASDAQ:MICS) Shares Up 3.7%May 23, 2024 | globenewswire.comCompany Announces Strategic AlternativesMay 16, 2024 | investorplace.comMICS Stock Earnings: Singing Machine Co Reported Results for Q3 2024May 16, 2024 | finance.yahoo.comCompany Provides First Quarter 2024 Results of OperationsMay 9, 2024 | msn.comWalmart has best-selling karaoke Singing Machine on sale for $16May 8, 2024 | msn.comThis Mini Karaoke Machine Is Perfect for Carpool Karaoke & More: Here's Where You Can Buy ItMay 1, 2024 | msn.comKaraoke and a coin toss: Dallas couple’s Asian Mint origin and where it’s taking Thai nextApril 30, 2024 | yahoo.comTaylor Swift & Travis Kelce's PDA Will Have You Feeling So High SchoolApril 30, 2024 | msn.comKaraoke and a coin toss were the Thais that bound Asian Mint coupleApril 29, 2024 | msn.comMandy, Indiana’s International Noise ConspiracyApril 27, 2024 | msn.com12 Hacks To Turn A Bland Room Into A Music Lover's EscapeApril 27, 2024 | msn.comWhy Taylor Swift’s Lilac Short Skirt Is Going ViralApril 26, 2024 | msn.comDef Leppard on the ‘Melodic Mayhem' of ‘Pyromania' & Why Taylor Swift Is ‘Bigger Than the Beatles and the Stones Combined'April 26, 2024 | msn.comHow Travis Kelce Feels About Taylor Swift’s New TTPD SongsApril 26, 2024 | msn.comWhat Matty Healy's Mom Has to Say About Taylor Swift's TTPDApril 26, 2024 | msn.comBlack Dog Owner Hints Which Taylor Swift Ex TTPD Song Nods toApril 20, 2024 | news.yahoo.comBreaking down Taylor Swift's 'The Tortured Poets Department' double albumApril 20, 2024 | msn.comCoachella Weekend 2 live updates: Weather, camping and special guests including Camila CabelloApril 20, 2024 | msn.comEmma Stone Had Quite A Surprising Role In The Creation Of This New Taylor Swift SongApril 20, 2024 | msn.comJack Antonoff shares rare behind-the-scenes photos of Taylor Swift recording ‘TTPD’April 16, 2024 | finance.yahoo.comCompany Provides 2024 Results of OperationsApril 3, 2024 | globenewswire.comSinging Machine Secures $2 Million Senior Credit FacilityMarch 30, 2024 | msn.comEvery Jinjer album ranked from worst to bestMarch 28, 2024 | msn.comZach Bryan doesn’t need country radio. He just needs your heartstrings.March 28, 2024 | msn.comSkid Row Part Ways With Singer Erik Gronwall and Announce Fill-InSee More Headlines Receive MICS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Singing Machine and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today5/28/2024Next Earnings (Estimated)8/16/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Prerecorded records & tapes Sub-IndustryN/A Current SymbolNASDAQ:MICS CUSIPN/A CIK923601 Webwww.singingmachine.com Phone(954) 596-1000Fax954-596-2000Employees37Year FoundedN/APrice Target and Rating Average Stock Price Target$4.00 High Stock Price Target$4.00 Low Stock Price Target$4.00 Potential Upside/Downside+185.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-2,370,000.00 Net Margins-25.06% Pretax Margin-22.29% Return on Equity-59.06% Return on Assets-19.86% Debt Debt-to-Equity RatioN/A Current Ratio1.46 Quick Ratio0.85 Sales & Book Value Annual Sales$2.43 million Price / Sales2.43 Cash FlowN/A Price / Cash FlowN/A Book Value$1.24 per share Price / Book1.13Miscellaneous Outstanding Shares4,220,000Free Float2,216,000Market Cap$5.91 million OptionableNot Optionable Beta-0.03 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Gary Atkinson (Age 43)CEO & Director Comp: $248.87kMr. Bernardo Melo (Age 47)Chief Revenue Officer & Director Comp: $323.63kMr. Milton Charles Ault III (Age 54)Executive Chairman Mr. Richard Perez (Age 53)CFO & Corporate Controller Mr. Brendan HopkinsInvestor Relations ContactKey CompetitorsF45 TrainingNYSE:FXLVElys BMG GroupNASDAQ:ELYSTwin Vee PowercatsNASDAQ:VEEEForza X1NASDAQ:FRZAGamer PakistanNASDAQ:GPAKView All CompetitorsInsiders & InstitutionsPerritt Capital Management Inc.Sold 52,726 shares on 5/15/2024Ownership: 1.012%Stingray Group Inc.Bought 1,098,901 shares on 11/21/2023Total: $999,999.91 ($0.91/share)View All Insider TransactionsView All Institutional Transactions MICS Stock Analysis - Frequently Asked Questions Should I buy or sell Singing Machine stock right now? 1 Wall Street 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 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 Wall Street research analysts have issued twelve-month price targets for Singing Machine's stock. Their MICS share price targets range from $4.00 to $4.00. On average, they anticipate the company's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 175.8% 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 at the start of the year. Since then, MICS shares have increased by 43.6% and is now trading at $1.4501. View the best growth stocks for 2024 here. Are investors shorting Singing Machine? Singing Machine saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 28,500 shares, an increase of 27.2% from the April 30th total of 22,400 shares. Based on an average trading volume of 39,100 shares, the days-to-cover ratio is presently 0.7 days. Currently, 4.1% of the company's stock are sold short. View Singing Machine's Short Interest. When is Singing Machine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 16th 2024. View our MICS earnings forecast. 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 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 a variety of retail and institutional investors. Top institutional shareholders include Perritt Capital Management Inc. (1.01%). 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 5/28/2024 by MarketBeat.com Staff From Our PartnersThe 7th Trillion Dollar Company?The Oxford ClubThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarElon to Transform U.S. Economy? 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