Wolfspeed Inc (NYSE: WOLF) kicked off on Friday, up 3.85% from the previous trading day, before settling in for the closing price of $1.3. Over the past 52 weeks, WOLF has traded in a range of $0.39-$17.45.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -18.18%. While this was happening, its average annual earnings per share was recorded -27.31%. With a float of $153.98 million, this company’s outstanding shares have now reached $155.62 million.
Considering the fact that the conglomerate employs 5013 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -12.31%, operating margin of -125.84%, and the pretax margin is -146.32%.
Wolfspeed Inc (WOLF) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Wolfspeed Inc is 1.06%, while institutional ownership is 42.88%. The most recent insider transaction that took place on Apr 28 ’25, was worth 55,497. In this transaction Executive Vice President & CFO of this company sold 13,909 shares at a rate of $3.99, taking the stock ownership to the 195,257 shares. Before that another transaction happened on Apr 28 ’25, when Company’s Officer proposed sale 13,909 for $3.99, making the entire transaction worth $55,497.
Wolfspeed Inc (WOLF) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.89 earnings per share (EPS), lower than consensus estimate (set at -0.86) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.65 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -27.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.19% during the next five years compared to -18.18% drop over the previous five years of trading.
Wolfspeed Inc (NYSE: WOLF) Trading Performance Indicators
Take a look at Wolfspeed Inc’s (WOLF) current performance indicators. Last quarter, stock had a quick ratio of 3.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.35, a number that is poised to hit -0.70 in the next quarter and is forecasted to reach -2.37 in one year’s time.
Technical Analysis of Wolfspeed Inc (WOLF)
Compared to the last year’s volume of 39.43 million, its volume of 9.06 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.67%.
During the past 100 days, Wolfspeed Inc’s (WOLF) raw stochastic average was set at 15.44%, which indicates a significant decrease from 25.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1146 in the past 14 days, which was lower than the 0.3320 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3445, while its 200-day Moving Average is $4.7970. Nevertheless, the first resistance level for the watch stands at $1.4267 in the near term. At $1.5033, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5867. If the price goes on to break the first support level at $1.2667, it is likely to go to the next support level at $1.1833. Should the price break the second support level, the third support level stands at $1.1067.
Wolfspeed Inc (NYSE: WOLF) Key Stats
The company with the Market Capitalisation of 210.10 million has total of 155,627K Shares Outstanding. Its annual sales at the moment are 807,200 K in contrast with the sum of -864,200 K annual income. Company’s last quarter sales were recorded 185,400 K and last quarter income was -285,500 K.
