SINGING MACHINE CO INC/THE (MICS) Forecast, Price Target & Analyst Ratings
NASDAQ:MICS • US8293224031
0.74 USD
+0 (+0.14%)
At close: Sep 6, 2024
0.74 USD
0 (0%)
After Hours: 9/6/2024, 8:00:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SINGING MACHINE CO INC/THE (MICS).
Forecast Snapshot
Consensus Price Target
$4.08
+ 451.35% Upside
Next Earnings Forecast
Release DateNov 19, 2024
ChartMill Buy Consensus
82.86%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$4.08
Upside
+ 451.35%
From current price of $0.74 to mean target of $4.08, Based on 7 analyst forecasts
Low
$4.04
Median
$4.08
High
$4.20
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
7 analysts have analysed MICS and the average price target is 4.08 USD. This implies a price increase of 451.35% is expected in the next year compared to the current price of 0.74.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.86%
MICS was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about MICS.
In the previous month the buy percentage consensus was at a similar level.
MICS was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-11-13 | Ascendiant Capital | Initiate | Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateNov 19, 2024
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%
Next Earnings Summary
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|
| Revenue YoY % growth | 45.8M 18.96% | 47.51M 3.73% | 39.3M -17.28% | 39.78M 1.22% | |
| EBITDA YoY % growth | 1.73M 158.25% | 320K -81.50% | -3.47M -1,184.38% | N/A | |
| EBIT YoY % growth | 1.43M 144.14% | 70K -95.10% | -3.7M -5,385.71% | 204K 105.51% | |
| Operating Margin | 3.12% | 0.15% | -9.41% | 0.51% | |
| EPS YoY % growth | N/A | N/A | N/A | 0.04 |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| EPS Q2Q % growth |
|---|
| Revenue Q2Q % growth |
| EBITDA Q2Q % growth |
| EBIT Q2Q % growth |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
SINGING MACHINE CO INC/THE / MICS Forecast FAQ
What do analysts expect the price target to be for SINGING MACHINE CO INC/THE (MICS)?
7 analysts have analysed MICS and the average price target is 4.08 USD. This implies a price increase of 451.35% is expected in the next year compared to the current price of 0.74.
When does SINGING MACHINE CO INC/THE (MICS) report earnings?
SINGING MACHINE CO INC/THE (MICS) will report earnings on 2024-11-19, after the market close.