SINGING MACHINE CO INC/THE (MICS) Forecast, Price Target & Analyst Ratings

NASDAQ:MICS • US8293224031

Current stock price

0.74 USD
+0 (+0.14%)
At close:
0.74 USD
0 (0%)
After Hours:

Analyst forecast overview

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

Price Target
$4.08
+ 451.35% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 19, 2024
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.86%
Weighted Analyst Rating Score
→ Analyst Ratings details

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 Wall Street analysts provided a forecast for the next 12 months for MICS. 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.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MICS Current Analyst RatingMICS Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

MICS Historical Analyst RatingsMICS Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -9 -8 -7 -6 -5 -4 -3 -2 -1 0 2 4 6

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.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-11-13Ascendiant CapitalInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 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

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024
Revenue
YoY % growth
MICS revenue by date.MICS revenue by date.
45.8M
18.96%		47.51M
3.73%		39.3M
-17.28%		39.78M
1.22%
EBITDA
YoY % growth
MICS ebitda by date.MICS ebitda by date.
1.73M
158.25%		320K
-81.50%		-3.47M
-1,184.38%		N/A
EBIT
YoY % growth
MICS ebit by date.MICS ebit by date.
1.43M
144.14%		70K
-95.10%		-3.7M
-5,385.71%		204K
105.51%
Operating Margin
MICS operating margin by date.MICS operating margin by date.
3.12%0.15%-9.41%0.51%
EPS
YoY % growth
MICS eps by date.MICS eps by date.
N/AN/AN/A0.04

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

MICS Yearly Revenue VS EstimatesMICS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
MICS Yearly EPS VS EstimatesMICS Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 0.01 0.02 0.03 0.04

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
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

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.

What is the next earnings date for MICS stock?

SINGING MACHINE CO INC/THE (MICS) will report earnings on 2024-11-19, after the market close.

What is the number of analysts for MICS stock?

The number of analysts covering SINGING MACHINE CO INC/THE (MICS) is 7.