Ispire Technology Inc. (NASDAQ:ISPR – Free Report) – Equities researchers at Roth Capital issued their FY2026 earnings per share (EPS) estimates for Ispire Technology in a note issued to investors on Tuesday, November 19th. Roth Capital analyst N. Anderson forecasts that the company will earn $0.02 per share for the year. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for Ispire Technology’s current full-year earnings is ($0.21) per share.
Separately, Roth Mkm reissued a “buy” rating and issued a $12.50 price target on shares of Ispire Technology in a research note on Wednesday, October 2nd.
Ispire Technology Price Performance
NASDAQ ISPR opened at $6.21 on Thursday. The stock has a market capitalization of $351.80 million, a P/E ratio of -18.26 and a beta of 2.85. The firm’s 50-day moving average is $6.42 and its two-hundred day moving average is $6.94. Ispire Technology has a 12 month low of $5.01 and a 12 month high of $13.87.
Ispire Technology (NASDAQ:ISPR – Get Free Report) last released its quarterly earnings results on Monday, November 11th. The company reported ($0.10) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.10). The business had revenue of $39.34 million during the quarter, compared to analysts’ expectations of $45.60 million. Ispire Technology had a negative return on equity of 58.50% and a negative net margin of 12.80%. During the same period in the prior year, the business posted ($0.04) EPS.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in ISPR. Tidal Investments LLC purchased a new stake in shares of Ispire Technology in the 1st quarter valued at $196,000. Bank of New York Mellon Corp grew its position in Ispire Technology by 9.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 46,119 shares of the company’s stock valued at $369,000 after acquiring an additional 3,931 shares in the last quarter. Yong Rong HK Asset Management Ltd increased its stake in Ispire Technology by 94.2% during the second quarter. Yong Rong HK Asset Management Ltd now owns 1,669,515 shares of the company’s stock worth $13,357,000 after purchasing an additional 809,819 shares during the period. AdvisorShares Investments LLC increased its stake in Ispire Technology by 10.0% during the second quarter. AdvisorShares Investments LLC now owns 175,858 shares of the company’s stock worth $1,361,000 after purchasing an additional 16,000 shares during the period. Finally, MetLife Investment Management LLC lifted its position in shares of Ispire Technology by 137.6% during the third quarter. MetLife Investment Management LLC now owns 11,764 shares of the company’s stock worth $73,000 after purchasing an additional 6,812 shares in the last quarter. 5.00% of the stock is currently owned by institutional investors and hedge funds.
About Ispire Technology
Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited.
Featured Stories
- Five stocks we like better than Ispire Technology
- High Flyers: 3 Natural Gas Stocks for March 2022
- Tesla Investors Continue to Profit From the Trump Trade
- Compound Interest and Why It Matters When Investing
- MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally
- 3 Stocks to Consider Buying in October
- Netflix Ventures Into Live Sports, Driving Stock Momentum
Receive News & Ratings for Ispire Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ispire Technology and related companies with MarketBeat.com's FREE daily email newsletter.