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Quantum Corporation (QMCO)
NASDAQ:QMCO
Holding QMCO?
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QMCO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.22 - $17.98
Previous Close$3.56
Volume10.64K
Average Volume (3M)42.94K
Market Cap
$17.06M
Enterprise Value$115.17M
Total Cash (Recent Filing)$17.29M
Total Debt (Recent Filing)$115.40M
Price to Earnings (P/E)―
Beta2.50
Next Earnings
Oct 30, 2024EPS Estimate
-$1.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-11.06
Shares Outstanding4,792,690
10 Day Avg. Volume53,950
30 Day Avg. Volume42,940
Standard Deviation0.23
R-Squared0.39
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)-0.12
Price to Sales (P/S)0.24
Price to Cash Flow (P/CF)-2.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.30
Enterprise Value/Gross Profit0.92
Enterprise Value/Ebitda-6.46
Forecast
1Y Price Target
$10.00Price Target Upside174.73% Upside
Rating ConsensusHold
Number of Analyst Covering1
Quantum News
PremiumCompany Announcements
Quantum Corporation Announces Loan Amendments and COO Appointment
Bulls Say, Bears Say
Bulls Say
Debt RestructuringThe company successfully restructured over $110M of its existing debt to more favorable terms, enhancing its financial flexibility.
Expense ReductionThe company reduced operating expenses by $4.7M, improving its overall cost structure.
Operational EfficiencyThe largest part of the profit expansion will be driven by $16M of operational efficiencies and cost reductions.
Bears Say
Customer Order Fall-OffThe biggest reason for Quantum’s FY24 revenue shortfall was a '60 mph to zero' fall-off in orders from its largest hyperscaler customer.
Financial Stability ConcernsThe company will have to negotiate a debt amendment and conduct more asset sales, all while trying to convert a pipeline while operating under a going concern audit opinion.
Revenue DeclineQuantum reported Q1’25 revenue of $71.3M (down 23% y/y), which was in line with the company’s guidance range of $70M-$74M.
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Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
QMCO FAQ
What was Quantum Corporation’s price range in the past 12 months?
Quantum Corporation lowest stock price was $2.22 and its highest was $17.98 in the past 12 months.
What is Quantum Corporation’s market cap?
Currently, no data Available
When is Quantum Corporation’s upcoming earnings report date?
Quantum Corporation’s upcoming earnings report date is Oct 30, 2024 which is in 40 days.
How were Quantum Corporation’s earnings last quarter?
Quantum Corporation released its earnings results on Aug 13, 2024. The company reported -$1.8 earnings per share for the quarter, missing the consensus estimate of -$1.7 by -$0.1.
Is Quantum Corporation overvalued?
According to Wall Street analysts Quantum Corporation’s price is currently Undervalued.
Does Quantum Corporation pay dividends?
Quantum Corporation does not currently pay dividends.
What is Quantum Corporation’s EPS estimate?
Quantum Corporation’s EPS estimate is -$1.1.
How many shares outstanding does Quantum Corporation have?
Quantum Corporation has 4,792,690 shares outstanding.
What happened to Quantum Corporation’s price movement after its last earnings report?
Quantum Corporation reported an EPS of -$1.8 in its last earnings report, missing expectations of -$1.7. Following the earnings report the stock price went down -6.431%.
Which hedge fund is a major shareholder of Quantum Corporation?
Among the largest hedge funds holding Quantum Corporation’s share is Deep Field Asset Management LLC. It holds Quantum Corporation’s shares valued at N/A.
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Quantum Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$10.00 (174.73% Upside)
$10.00 (174.73% Upside)
Hedge Fund Trend
Decreased
By 61.5K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-77.20%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-17.77%
Trailing 12-Months
Company Description
Quantum Corporation
Quantum Corp. engages in the manufacture of computer storage device. It provides solutions for storing and protecting information in physical, virtual and cloud environments. The company was founded by Joel N. Harrison and James M. McCoy in 1980 and is headquartered in San Jose, CA.
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QMCO Company Deck
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QMCO Earnings Call
Q1 2024
0:00 / 0:00
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QMCO Stock 12 Month Forecast
Average Price Target
$10.00
▲(174.73% Upside)
Technical Analysis
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