QuantumScape (NYSE:QS – Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Wednesday, October 23rd. Analysts expect QuantumScape to post earnings of ($0.21) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
QuantumScape (NYSE:QS – Get Free Report) last announced its quarterly earnings data on Wednesday, July 24th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.03). During the same quarter last year, the business posted ($0.26) EPS. On average, analysts expect QuantumScape to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
QuantumScape Price Performance
QS opened at $5.49 on Wednesday. The company has a fifty day moving average price of $5.71 and a two-hundred day moving average price of $5.83. The firm has a market capitalization of $2.74 billion, a PE ratio of -5.72 and a beta of 4.58. QuantumScape has a 52 week low of $4.67 and a 52 week high of $10.03. The company has a debt-to-equity ratio of 0.03, a quick ratio of 8.66 and a current ratio of 8.66.
Insider Activity at QuantumScape
Analysts Set New Price Targets
QS has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $6.00 target price on shares of QuantumScape in a research report on Tuesday, September 10th. Wolfe Research started coverage on QuantumScape in a research note on Thursday, September 5th. They set an “underperform” rating for the company. Finally, Truist Financial restated a “hold” rating and set a $7.00 price objective (up from $6.00) on shares of QuantumScape in a report on Monday, August 5th. Two analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $6.14.
Read Our Latest Research Report on QS
About QuantumScape
QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.
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