Inseego Corp

Company Profile

Inseego Corp had its IPO on 2000-11-16 under the ticker symbol INSG.

The company operates in the Technology sector and Communication Equipment industry. Inseego Corp has a staff strength of 391 employees.

Stock update

Shares of Inseego Corp opened at $0.47 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.46 - $0.5, and closed at $0.49.

This is a +7.04% increase from the previous day's closing price.

A total volume of 500,346 shares were traded at the close of the day’s session.

In the last one week, shares of Inseego Corp have slipped by -21.84%.

Inseego Corp's Key Ratios

Inseego Corp has a market cap of $53.53 million, indicating a price to book ratio of 47.7248 and a price to sales ratio of 0.3871.

In the last 12-months Inseego Corp’s revenue was $226.43 million with a gross profit of $66.91 million and an EBITDA of $-23297000. The EBITDA ratio measures Inseego Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Inseego Corp’s operating margin was -13.01% while its return on assets stood at -10.68% with a return of equity of -835.07%.

In Q2, Inseego Corp’s quarterly earnings growth was a positive 0% while revenue growth was a negative 13.4%.

Inseego Corp’s PE and PEG Ratio

Forward PE

57.1429

Trailing PE

0

PEG

2.8595

Its diluted EPS in the last 12-months stands at $-0.4 per share while it has a forward price to earnings multiple of 57.1429 and a PEG multiple of 2.8595. 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 Inseego Corp’s profitability.

Inseego Corp stock is trading at a EV to sales ratio of 0.9739 and a EV to EBITDA ratio of -8.7744. Its price to sales ratio in the trailing 12-months stood at 0.3871.

Inseego Corp 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

$153.69 million

Total Liabilities

$55.56 million

Operating Cash Flow

$-2098000.00

Capital Expenditure

$2.10 million

Dividend Payout Ratio

0%

Inseego Corp ended 2024 with $153.69 million in total assets and $0 in total liabilities. Its intangible assets were valued at $153.69 million while shareholder equity stood at $-70815000.00.

Inseego Corp ended 2024 with $0 in deferred long-term liabilities, $55.56 million in other current liabilities, 117000.00 in common stock, $-869254000.00 in retained earnings and $21.92 million in goodwill. Its cash balance stood at $15.17 million and cash and short-term investments were $15.17 million. The company’s total short-term debt was $2,006,000 while long-term debt stood at $161.72 million.

Inseego Corp’s total current assets stands at $78.47 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $32.07 million compared to accounts payable of $34.21 million and inventory worth $30.52 million.

In 2024, Inseego Corp's operating cash flow was $-2098000.00 while its capital expenditure stood at $2.10 million.

Comparatively, Inseego Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.49

52-Week High

$2.75

52-Week Low

$0.45

Analyst Target Price

$1.53

Inseego Corp stock is currently trading at $0.49 per share. It touched a 52-week high of $2.75 and a 52-week low of $2.75. Analysts tracking the stock have a 12-month average target price of $1.53.

Its 50-day moving average was $0.68 and 200-day moving average was $0.83 The short ratio stood at 6.8 indicating a short percent outstanding of 0%.

Around 119.6% of the company’s stock are held by insiders while 4297.9% are held by institutions.