AudioEye (NASDAQ:AEYE) Issues Quarterly Earnings Results, Beats Estimates By $0.06 EPS

AudioEye (NASDAQ:AEYE) posted its earnings results on Wednesday. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.06, Zacks reports. AudioEye had a negative net margin of 9.89% and a positive return on equity of 34.49%. AudioEye updated its Q1 2025 guidance to 0.140-0.160 EPS and its FY 2025 guidance to 0.700-0.800 EPS.

AudioEye Stock Performance

Shares of AudioEye stock traded up $0.63 during trading on Wednesday, reaching $12.71. The company’s stock had a trading volume of 235,552 shares, compared to its average volume of 220,285. The business’s fifty day moving average price is $16.14 and its 200-day moving average price is $20.41. AudioEye has a one year low of $8.02 and a one year high of $34.85. The firm has a market cap of $154.78 million, a price-to-earnings ratio of -47.07, a price-to-earnings-growth ratio of 2.03 and a beta of 1.11. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.84 and a current ratio of 0.84.

Analysts Set New Price Targets

Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $25.00 price objective on shares of AudioEye in a research note on Tuesday, January 21st. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, AudioEye currently has a consensus rating of “Buy” and a consensus price target of $29.10.

AudioEye Company Profile

AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.