AudioEye Releases FY 2024 Earnings Guidance

AEYE Stock  USD 26.80  0.51  1.94%   
About 57% of all AudioEye's shareholders are looking to take a long position. The analysis of the overall prospects from investing in AudioEye suggests that some traders are, at the present time, interested. The current market sentiment, together with AudioEye's historical and current headlines, can help investors time the market. In addition, many technical investors use AudioEye stock news signals to limit their universe of possible portfolio assets.
  
AudioEye issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.540-0.550 for the period, compared to the consensus estimate of -0.130. The company issued revenue guidance of 35.2 million-35.3 million, compared to the consensus revenue estimate of 34.9

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AudioEye Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards AudioEye can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

AudioEye Fundamental Analysis

We analyze AudioEye's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AudioEye using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AudioEye based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

EBITDA

EBITDA Comparative Analysis

AudioEye is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

AudioEye Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AudioEye stock to make a market-neutral strategy. Peer analysis of AudioEye could also be used in its relative valuation, which is a method of valuing AudioEye by comparing valuation metrics with similar companies.

Peers

AudioEye Related Equities

XPERXperi Corp   5.42   
0%
21.0%
INLXIntellinetics   3.37   
0%
13.0%
EGANEGain   2.14   
0%
8.0%
ENFNEnfusion   1.10   
0%
4.0%
ALKTAlkami Technology   1.04   
0%
4.0%
APPFAppfolio   0.23   
1.0%
0%
BMTXBm Technologies   0.42   
1.0%
0%
OBLGOblong   0.57   
2.0%
0%
PYCRPaycor HCM   0.66   
2.0%
0%
ADEAADEIA P   0.99   
3.0%
0%
AGYSAgilysys   2.78   
10.0%
0%
HKITHitek Global   3.68   
14.0%
0%
APIAgora   25.35   
100.0%
0%

Complementary Tools for AudioEye Stock analysis

When running AudioEye's price analysis, check to measure AudioEye's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AudioEye is operating at the current time. Most of AudioEye's value examination focuses on studying past and present price action to predict the probability of AudioEye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AudioEye's price. Additionally, you may evaluate how the addition of AudioEye to your portfolios can decrease your overall portfolio volatility.
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