Currently, there are 515.66M common shares owned by the public and among those 397.09M shares have been available to trade.
The company’s stock has a 5-day price change of 54.31% and 46.46% over the past three months. QS shares are trading 37.06% year to date (YTD), with the 12-month market performance up to 27.55% higher. It has a 12-month low price of $3.40 and touched a high of $9.52 over the same period. QS has an average intraday trading volume of 16.96 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 43.29%, 55.46%, and 35.77% respectively.
Institutional ownership of QuantumScape Corp (NYSE: QS) shares accounts for 25.88% of the company’s 515.66M shares outstanding.
It has a market capitalization of $3.70B and a beta (3y monthly) value of 4.44. The earnings-per-share (ttm) stands at -$0.91. Price movements for the stock have been influenced by the stock’s volatility, which stands at 16.79% over the week and 8.08% over the month.
Analysts forecast that QuantumScape Corp (QS) will achieve an EPS of -0.18 for the current quarter, -0.18 for the next quarter and -0.72 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.23 while analysts give the company a high EPS estimate of -0.23. Comparatively, EPS for the current quarter was -0.25 a year ago. Earnings per share for the fiscal year are expected to increase by 9.49%, and 10.80% over the next financial year. EPS should grow at an annualized rate of 11.41% over the next five years, compared to -34.46% over the past 5-year period.
HSBC Securities coverage for the QuantumScape Corp (QS) stock in a research note released on November 19, 2024 offered a Hold rating with a price target of $5.30. William Blair on their part issued Mkt Perform rating on December 18, 2023.
