About Singing Machine (OTCMKTS:SMDM)
The Singing Machine Company, Inc. is engaged in the development, production, marketing and distribution of consumer karaoke audio equipment, accessories, music and audio consumer electronic products. The Company contracts for the manufacturing of all its electronic equipment products with factories located in China. It has also collaborated with a music content service provider that allows the Company to offer karaoke downloads and streaming subscription services. This collaboration provides the Company with a distribution platform for digital music sales and subscriptions and music sales to customers. Its music distribution system enables download or stream selections from content library. The Company offers karaoke music through its Singing Machine Karaoke Download Store, Community, and iPhone/iPad Application. Its products include Classic Karaoke Machines, Download Karaoke Machines and Streaming Karaoke Machines.
Industry, Sector and Symbol:
- Industry: Electronic Equipment
- Sub-Industry: N/A
- Sector: Consumer Discretionary
- Symbol: OTCMKTS:SMDM
- CUSIP: N/A
- Web: www.singingmachine.com
- Debt-to-Equity Ratio: 0.09%
- Current Ratio: 1.17%
- Quick Ratio: 0.80%
Price-To-Earnings:Sales & Book Value:
- Annual Sales: $52.92 million
- Price / Sales: 0.33
- Cash Flow: $0.05 per share
- Price / Cash: 9.44
- Book Value: $0.19 per share
- Price / Book: 2.37
- Trailing EPS: $0.01
- Net Income: $1.70 million
- Net Margins: 1.04%
- Return on Equity: 7.70%
- Return on Assets: 2.61%
- Employees: 38
- Outstanding Shares: 38,280,000
Frequently Asked Questions for Singing Machine (OTCMKTS:SMDM)
What is Singing Machine's stock symbol?
Singing Machine trades on the OTCMKTS under the ticker symbol "SMDM."
How were Singing Machine's earnings last quarter?
Singing Machine Co. (OTCMKTS:SMDM) announced its earnings results on Tuesday, November, 14th. The company reported $0.02 EPS for the quarter. The business had revenue of $32.80 million for the quarter. Singing Machine had a return on equity of 7.70% and a net margin of 1.04%. View Singing Machine's Earnings History.
When will Singing Machine make its next earnings announcement?
Who are some of Singing Machine's key competitors?
Some companies that are related to Singing Machine include Talon International (TALN), Education Management Corp. (EDMC), TerraVia Holdings (TVIAQ), Seal123 (WTSLQ), Deer Consumer Products (DEER), Corinthian Colleges (COCOQ), ITT Educational Services (ESINQ), Digital Generation (DGIT), Einstein Noah Restaurant Group (BAGL), Hot Topic (HOTT), Jos. A. Bank Clothiers (JOSB), Media General (MEG), Nielsen Audio (ARB), OfficeMax (OMX), Saks (SKS), SHFL entertainment (SHFL), The Jones Group (JNY) and True Religion Apparel (TRLG).
Who are Singing Machine's key executives?
Singing Machine's management team includes the folowing people:
- Phillip Lau, Chairman of the Board (Age 68)
- Gary Atkinson, Chief Executive Officer, General Counsel, Corporate Secretary (Age 34)
- Lionel Marquis, Chief Financial Officer, Controller (Age 63)
- Bernardo Melo, Vice President - Global Sales and Marketing (Age 39)
- Peter Hon, Director (Age 75)
- Joseph Kling, Director
- Yat Tung Tung Lau, Director (Age 37)
- Harvey Judkowitz CPA, Independent Director (Age 71)
How do I buy Singing Machine stock?
Shares of Singing Machine can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Singing Machine's stock price today?
One share of Singing Machine stock can currently be purchased for approximately $0.45.
How big of a company is Singing Machine?
Singing Machine has a market capitalization of $18.38 million and generates $52.92 million in revenue each year. The company earns $1.70 million in net income (profit) each year or $0.01 on an earnings per share basis. Singing Machine employs 38 workers across the globe.
How can I contact Singing Machine?
Singing Machine's mailing address is 6301 NW 5TH WAY SUITE 2900, FORT LAUDERDALE FL, 33309. The company can be reached via phone at 954-596-1000 or via email at [email protected]
MarketBeat Community Rating for Singing Machine (OTCMKTS SMDM)MarketBeat's community ratings are surveys of what our community members think about Singing Machine and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Singing Machine (OTCMKTS:SMDM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Singing Machine (OTCMKTS:SMDM)
Analysts' Ratings History for Singing Machine (OTCMKTS:SMDM)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History and Estimates Chart for Singing Machine (OTCMKTS:SMDM)
Earnings History by Quarter for Singing Machine (OTCMKTS SMDM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/13/2018|| || || || || || || || |
|11/14/2017||Q2 2018||$0.02||$32.80 million||View||N/A|
|8/14/2017||Q1 2018||($0.01)||$3.94 million||View||N/A|
|6/29/2017||Q4 2017||($0.03)||$3.61 million||View||N/A|
Earnings Estimates for Singing Machine (OTCMKTS:SMDM)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Singing Machine (OTCMKTS:SMDM)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Singing Machine (OTCMKTS SMDM)
Insider Ownership Percentage: 6.60%
Insider Trades by Quarter for Singing Machine (OTCMKTS SMDM)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/24/2017||Gary Kevin Atkinson||CEO||Buy||5,000||$0.53||$2,650.00|| |
|1/25/2017||Bernardo Melo||VP||Buy||9,500||$0.53||$5,035.00|| |
|10/24/2016||Gary Kevin Atkinson||CEO||Buy||2,500||$0.38||$950.00|| |
|7/20/2016||Gary Kevin Atkinson||CEO||Buy||2,500||$0.34||$850.00|| |
|5/9/2016||Bernardo Melo||VP||Buy||3,000||$0.29||$870.00|| |
|4/19/2016||Bernardo Melo||VP||Buy||3,900||$0.29||$1,131.00|| |
|1/13/2016||Gary Kevin Atkinson||CEO||Buy||5,000||$0.19||$950.00|| |
|8/19/2015||Bernardo Melo||VP||Buy||13,000||$0.15||$1,950.00|| |
Latest Headlines for Singing Machine (OTCMKTS SMDM)
Singing Machine (OTCMKTS SMDM) Chart for Tuesday, November, 21, 2017