MultiSensor AI (MSAI) Projected to Post Quarterly Earnings on Tuesday

MultiSensor AI (NASDAQ:MSAI) is expected to be issuing its results before the market opens on Tuesday, November 11th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter.

MultiSensor AI (NASDAQ:MSAI) last posted its quarterly earnings data on Wednesday, August 13th. The company reported ($0.10) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.10). The company had revenue of $1.42 million for the quarter, compared to the consensus estimate of $2.10 million. MultiSensor AI had a negative net margin of 338.72% and a negative return on equity of 126.32%. On average, analysts expect MultiSensor AI to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

MultiSensor AI Price Performance

Shares of MSAI traded down $0.63 on Tuesday, reaching $1.36. The company’s stock had a trading volume of 15,067,151 shares, compared to its average volume of 3,455,941. The stock has a market capitalization of $46.84 million, a P/E ratio of -2.95 and a beta of -0.23. The stock’s 50 day simple moving average is $0.75 and its two-hundred day simple moving average is $0.75. MultiSensor AI has a 12-month low of $0.46 and a 12-month high of $3.33.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of MultiSensor AI in a report on Wednesday, October 8th. D. Boral Capital reissued a “buy” rating and set a $3.00 target price on shares of MultiSensor AI in a research note on Friday, October 17th. Finally, D Boral Capital raised shares of MultiSensor AI to a “strong-buy” rating in a research note on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, MultiSensor AI presently has an average rating of “Moderate Buy” and a consensus price target of $3.00.

About MultiSensor AI

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.