How have the shares performed?
QuantumScape Corporation (QS) saw downtrend of -3.50% in the recent trading with $35.26 being its most recent. The current price level -73.43% lower than the highest price of $132.73 marked by the stock while trading over the past 52-weeks, whereas it is 262.01% higher than the lowest price of $9.74 the company dropped to over past 52-weeks. The latest news story on QS appeared in Motley Fool under the title “Why QuantumScape Stock Fell in April” on May-03-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -31.63% below one month high and is +18.24% above of the lowest during that time. Looking into the simple moving average, QuantumScape Corporation (QS)’s stock stands at a SMA-50 of $47.43 while that of 5-day is reading $36.81.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.50 for the stock.
QuantumScape Corporation Earnings – What Happened With QS
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. QuantumScape Corporation (QS) last released financial results for the quarter that ended 12/30/2020, posting a surprise factor of -7,933.30% for net revenue.
QS – QuantumScape Corporation Stock Earnings Estimates
The perspective of QuantumScape Corporation (NYSE:QS)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.03 for stock’s EPS in the current quarter. 3 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -2.41.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 252.14 million. QS does have institutional investors; and they hold 32.90% of the stock.
QuantumScape Corporation – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 2 new insider purchases involving 15,227,528 shares. On the other hand, QS declared 2,194,726 shares have been sold in 7 insider transactions over the past three months.
As on Dec 30, 2020, FMR, LLC was the top most holder in QuantumScape Corporation (NYSE:QS) with an ownership of 12.5 million shares of the company or 5.16% of the stake worth $1.06 billion. The filing also reveals Janus Henderson Group PLC as the second largest holder in the company with a control over 3.73% of the outstanding shares. Its stake is worth $762.51 million for having 9.03 million shares in hand.
Board of Trustees of The Leland Stanford Jr University also came holding a key position in the company during the recent quarter and it now holds 3.20% of the outstanding shares. With this there are now 232 institutions which have possession in QS’s shares.
Currently, the stock has been recommended as Moderate Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.50 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by QuantumScape Corporation was 81.71 while posting a debt to equity ratio of 0.00. The count was 1.08 for long-term debt to equity ratio.
Technical Analysis of QuantumScape Corporation (NYSE:QS) stock