Does Earnings Surprise History Hold Any Clue for Arcimoto Stock Forecast, Price & News (NASDAQ:FUV)

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Earnings results for Arcimoto Stock Forecast, Price & News (NASDAQ:FUV)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.12 and decreased over the past month from -0.11 to -0.12(9.09%). none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -0.5 and decreased over the past month from -0.48 to -0.5(4.17%). none raised and none lowered their forecast.

Arcimoto last posted its quarterly earnings data on June 11th, 2020. The reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.15) by $0.00. The business earned $0.62 million during the quarter, compared to analyst estimates of $1.01 million. Arcimoto has generated ($0.85) earnings per share over the last year. Arcimoto has confirmed that its next quarterly earnings report will be published on Wednesday, August 19th, 2020.

Analyst Opinion on Arcimoto Stock Forecast, Price & News (NASDAQ:FUV)

6 Wall Street analysts have issued ratings and price targets for Arcimoto in the last 12 months. Their average twelve-month price target is $7.00, predicting that the stock has a possible downside of 10.83%. The high price target for FUV is $10.00 and the low price target for FUV is $5.00. There are currently 6 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Arcimoto has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $7.00, Arcimoto has a forecasted downside of 10.8% from its current price of $7.85. Arcimoto has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: Arcimoto Stock Forecast, Price & News (NASDAQ:FUV)

Arcimoto does not currently pay a dividend. Arcimoto does not have a long track record of dividend growth.

Insiders buying/selling: Arcimoto Stock Forecast, Price & News (NASDAQ:FUV)

In the past three months, Arcimoto insiders have not sold or bought any company stock. Only 34.70% of the stock of Arcimoto is held by insiders. Only 1.41% of the stock of Arcimoto is held by institutions.

Earnings and Valuation of Arcimoto Stock Forecast, Price & News (NASDAQ:FUV

Earnings for Arcimoto are expected to grow in the coming year, from ($0.50) to ($0.48) per share. The P/E ratio of Arcimoto is -9.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Arcimoto is -9.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Arcimoto has a P/B Ratio of 20.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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