Appharvest Inc

Company Profile

Appharvest Inc had its IPO on 2020-06-12 under the ticker symbol APPH.

The company operates in the Consumer Defensive sector and Farm Products industry. Appharvest Inc has a staff strength of 500 employees.

Stock update

Shares of Appharvest Inc opened at $0.04 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.04 - $0.05, and closed at $0.05.

This is a +4.65% increase from the previous day's closing price.

A total volume of 513,399 shares were traded at the close of the day’s session.

In the last one week, shares of Appharvest Inc have slipped by -16.67%.

Appharvest Inc's Key Ratios

Appharvest Inc has a market cap of $94.29 million, indicating a price to book ratio of 0.2349 and a price to sales ratio of 6.3372.

In the last 12-months Appharvest Inc’s revenue was $13.12 million with a gross profit of $-32888000 and an EBITDA of $-95812000. The EBITDA ratio measures Appharvest Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Appharvest Inc’s operating margin was -827.23% while its return on assets stood at -11.62% with a return of equity of -42.46%.

In Q3, Appharvest Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 3.5%.

Appharvest Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.7 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Appharvest Inc’s profitability.

Appharvest Inc stock is trading at a EV to sales ratio of 17.6952 and a EV to EBITDA ratio of -1.4686. Its price to sales ratio in the trailing 12-months stood at 6.3372.

Appharvest Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$563.46 million

Total Liabilities

$32.41 million

Operating Cash Flow

$-34028000.00

Capital Expenditure

$73.05 million

Dividend Payout Ratio

0%

Appharvest Inc ended 2024 with $563.46 million in total assets and $0 in total liabilities. Its intangible assets were valued at $563.46 million while shareholder equity stood at $343.32 million.

Appharvest Inc ended 2024 with $3.59 million in deferred long-term liabilities, $32.41 million in other current liabilities, 11000.00 in common stock, $-270638000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $36.23 million and cash and short-term investments were $36.23 million. The company’s total short-term debt was $4,157,000 while long-term debt stood at $181.62 million.

Appharvest Inc’s total current assets stands at $75.96 million while long-term investments were $5.00 million and short-term investments were $0. Its net receivables were $4000.00 compared to accounts payable of $10.50 million and inventory worth $12.41 million.

In 2024, Appharvest Inc's operating cash flow was $-34028000.00 while its capital expenditure stood at $73.05 million.

Comparatively, Appharvest Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.05

52-Week High

$7.05

52-Week Low

$0.469

Analyst Target Price

$2

Appharvest Inc stock is currently trading at $0.05 per share. It touched a 52-week high of $7.05 and a 52-week low of $7.05. Analysts tracking the stock have a 12-month average target price of $2.

Its 50-day moving average was $0.16 and 200-day moving average was $0.65 The short ratio stood at 2.1 indicating a short percent outstanding of 0%.

Around 1790% of the company’s stock are held by insiders while 2416.2% are held by institutions.