SDST Stock Earnings Stardust Power Misses EPS for Q2 2024
| SDST Stock | 6.80 0.24 3.41% |
Slightly above 62% of Stardust Power's investor base is looking to short. The current sentiment regarding investing in Stardust Power stock implies that many traders are alarmed. Stardust Power's investing sentiment can be driven by a variety of factors including economic data, Stardust Power's earnings reports, geopolitical events, and overall market trends.
Stardust |
SDST stock results show that Stardust Power missed analyst estimates for earnings per share the second quarter of 2024.
Read at investorplace.com
 |
Stardust Power Fundamental Analysis
We analyze Stardust Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stardust Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stardust Power 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.
Current Valuation
Current Valuation Comparative Analysis
Stardust Power is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Stardust Power 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 Stardust Power stock to make a market-neutral strategy. Peer analysis of Stardust Power could also be used in its relative valuation, which is a method of valuing Stardust Power by comparing valuation metrics with similar companies.
Peers
Stardust Power Related Equities
| AIHS | Senmiao Technology | 4.44 | ||||
| NXPL | Nextplat Corp | 4.44 | ||||
| WB | Weibo Corp | 3.25 | ||||
| UCTT | Ultra Clean | 3.08 | ||||
| HURC | Hurco Companies | 2.34 | ||||
| ARW | Arrow Electronics | 2.03 | ||||
| EGO | Eldorado Gold | 5.25 |
Additional Tools for Stardust Stock Analysis
When running Stardust Power's price analysis, check to measure Stardust Power'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 Stardust Power is operating at the current time. Most of Stardust Power's value examination focuses on studying past and present price action to predict the probability of Stardust Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stardust Power's price. Additionally, you may evaluate how the addition of Stardust Power to your portfolios can decrease your overall portfolio volatility.