MultiSensor AI (NASDAQ:MSAI – Get Free Report) released its quarterly earnings data on Wednesday. The company reported ($1.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.60) by $0.37, FiscalAI reports. The business had revenue of $1.61 million for the quarter, compared to analysts’ expectations of $1.70 million. MultiSensor AI had a negative net margin of 211.01% and a negative return on equity of 74.39%.
MultiSensor AI Stock Performance
Shares of MSAI stock traded up $0.01 during midday trading on Thursday, reaching $5.84. 14,932 shares of the company were exchanged, compared to its average volume of 44,193. The company’s 50 day moving average price is $8.48 and its two-hundred day moving average price is $17.16. The company has a market cap of $11.73 million, a P/E ratio of -0.46 and a beta of -0.24. MultiSensor AI has a 12 month low of $4.99 and a 12 month high of $96.00.
Wall Street Analysts Forecast Growth
Several brokerages have commented on MSAI. Weiss Ratings restated a “sell (e+)” rating on shares of MultiSensor AI in a research note on Friday, March 27th. Zacks Research raised MultiSensor AI to a “hold” rating in a report on Friday, January 30th. Finally, Wall Street Zen upgraded MultiSensor AI to a “hold” rating in a research report on Saturday, April 18th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $120.00.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in MSAI. Susquehanna International Group LLP acquired a new stake in MultiSensor AI in the third quarter worth approximately $38,000. Jane Street Group LLC acquired a new position in shares of MultiSensor AI during the 4th quarter valued at $58,000. Ghisallo Capital Management LLC bought a new stake in shares of MultiSensor AI in the 4th quarter worth $72,000. Geode Capital Management LLC raised its stake in shares of MultiSensor AI by 44.6% in the 4th quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock worth $116,000 after buying an additional 124,413 shares in the last quarter. Finally, Hudson Bay Capital Management LP acquired a new stake in shares of MultiSensor AI in the fourth quarter valued at $352,000. Institutional investors and hedge funds own 82.32% of the company’s stock.
MultiSensor AI Company Profile
MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.
Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.
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