IONQ Inc

Company Profile

IONQ Inc had its IPO on 2021-01-04 under the ticker symbol IONQ.

The company operates in the Technology sector and Computer Hardware industry. IONQ Inc has a staff strength of 202 employees.

Stock update

Shares of IONQ Inc opened at $19.21 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $19.12 - $21.6, and closed at $19.31.

This is a -1.88% slip from the previous day's closing price.

A total volume of 21,296,813 shares were traded at the close of the day’s session.

In the last one week, shares of IONQ Inc have increased by +10.28%.

IONQ Inc's Key Ratios

IONQ Inc has a market cap of $3.55 billion, indicating a price to book ratio of 1.4694 and a price to sales ratio of 87.1422.

In the last 12-months IONQ Inc’s revenue was $16.37 million with a gross profit of $1.10 million and an EBITDA of $-103141000. The EBITDA ratio measures IONQ Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, IONQ Inc’s operating margin was -669.81% while its return on assets stood at -11.48% with a return of equity of -20.38%.

In Q2, IONQ Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 111.5%.

IONQ Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.58 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 IONQ Inc’s profitability.

IONQ Inc stock is trading at a EV to sales ratio of 62.1401 and a EV to EBITDA ratio of -8.2346. Its price to sales ratio in the trailing 12-months stood at 87.1422.

IONQ 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

$576.85 million

Total Liabilities

$23.63 million

Operating Cash Flow

$0

Capital Expenditure

$2.64 million

Dividend Payout Ratio

0%

IONQ Inc ended 2024 with $576.85 million in total assets and $0 in total liabilities. Its intangible assets were valued at $576.85 million while shareholder equity stood at $523.25 million.

IONQ Inc ended 2024 with $0 in deferred long-term liabilities, $23.63 million in other current liabilities, 20000.00 in common stock, $-265358000.00 in retained earnings and $742000.00 in goodwill. Its cash balance stood at $13.98 million and cash and short-term investments were $236.09 million. The company’s total short-term debt was $628,000 while long-term debt stood at $0.

IONQ Inc’s total current assets stands at $391.33 million while long-term investments were $44.96 million and short-term investments were $222.11 million. Its net receivables were $142.00 million compared to accounts payable of $4.56 million and inventory worth $0.

In 2024, IONQ Inc's operating cash flow was $0 while its capital expenditure stood at $2.64 million.

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

Other key metrics

Current Trading Price

$19.31

52-Week High

$21.6

52-Week Low

$3.04

Analyst Target Price

$9.25

IONQ Inc stock is currently trading at $19.31 per share. It touched a 52-week high of $21.6 and a 52-week low of $21.6. Analysts tracking the stock have a 12-month average target price of $9.25.

Its 50-day moving average was $15.82 and 200-day moving average was $8.53 The short ratio stood at 1.74 indicating a short percent outstanding of 0%.

Around 1112% of the company’s stock are held by insiders while 4132.8% are held by institutions.