Equities analysts expect AudioEye, Inc. (NASDAQ:AEYE – Get Rating) to post earnings of ($0.33) per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for AudioEye’s earnings, with the lowest EPS estimate coming in at ($0.33) and the highest estimate coming in at ($0.32). AudioEye reported earnings of ($0.17) per share during the same quarter last year, which suggests a negative year over year growth rate of 94.1%. The business is scheduled to report its next earnings results on Monday, January 1st.
On average, analysts expect that AudioEye will report full year earnings of ($1.32) per share for the current financial year, with EPS estimates ranging from ($1.39) to ($1.24). For the next fiscal year, analysts forecast that the company will report earnings of ($1.10) per share, with EPS estimates ranging from ($1.21) to ($0.99). Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for AudioEye.
AudioEye (NASDAQ:AEYE – Get Rating) last issued its quarterly earnings results on Thursday, May 5th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.43) by $0.11. AudioEye had a negative net margin of 58.75% and a negative return on equity of 78.85%. During the same period last year, the firm earned ($0.27) earnings per share.
AEYE stock traded down $0.18 during trading on Monday, hitting $3.23. 10,177 shares of the company’s stock traded hands, compared to its average volume of 31,078. AudioEye has a 52 week low of $3.10 and a 52 week high of $20.94. The stock has a fifty day moving average price of $5.32 and a two-hundred day moving average price of $6.33. The stock has a market capitalization of $37.11 million, a price-to-earnings ratio of -2.41 and a beta of 2.17.
Institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its position in shares of AudioEye by 23,684.2% during the fourth quarter. Wells Fargo & Company MN now owns 9,038 shares of the company’s stock worth $63,000 after acquiring an additional 9,000 shares during the last quarter. National Asset Management Inc. bought a new position in shares of AudioEye during the fourth quarter worth about $78,000. Two Sigma Advisers LP bought a new position in shares of AudioEye during the third quarter worth about $215,000. Morgan Stanley grew its position in shares of AudioEye by 2,094.5% during the second quarter. Morgan Stanley now owns 27,958 shares of the company’s stock worth $469,000 after acquiring an additional 26,684 shares during the last quarter. Finally, Susquehanna International Group LLP grew its position in shares of AudioEye by 6.1% during the fourth quarter. Susquehanna International Group LLP now owns 32,673 shares of the company’s stock worth $229,000 after acquiring an additional 1,873 shares during the last quarter. Institutional investors and hedge funds own 31.41% of the company’s stock.
AudioEye Company Profile (Get Rating)
AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet, print, broadcast, and other media to people regardless of their network connection, device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.
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