Quantum Corporation

Company Profile

Quantum Corporation had its IPO on 1999-08-02 under the ticker symbol QMCO.

The company operates in the Technology sector and Computer Hardware industry. Quantum Corporation has a staff strength of 905 employees.

Stock update

Shares of Quantum Corporation opened at $1.05 at the start of the last trading session i.e. 2023-03-31.

The stocks traded within a range of $1.03 - $1.16, and closed at $1.15.

This is a +9.52% increase from the previous day's closing price.

A total volume of 146,508 shares were traded at the close of the day’s session.

In the last one week, shares of Quantum Corporation have increased by +15%.

Quantum Corporation's Key Ratios

Quantum Corporation has a market cap of $109.47 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.3114.

In the last 12-months Quantum Corporation’s revenue was $402.61 million with a gross profit of $147.04 million and an EBITDA of $-138000. The EBITDA ratio measures Quantum Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Quantum Corporation’s operating margin was -3.38% while its return on assets stood at -4.05% with a return of equity of 0%.

In Q4, Quantum Corporation’s quarterly earnings growth was a positive 0% while revenue growth was a positive 16.6%.

Quantum Corporation’s PE and PEG Ratio

Forward PE

13.7552

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.41 per share while it has a forward price to earnings multiple of 13.7552 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 Quantum Corporation’s profitability.

Quantum Corporation stock is trading at a EV to sales ratio of 0.5005 and a EV to EBITDA ratio of -10.2445. Its price to sales ratio in the trailing 12-months stood at 0.3114.

Quantum Corporation 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

$232.40 million

Total Liabilities

$150.84 million

Operating Cash Flow

$-2849000.00

Capital Expenditure

$2.85 million

Dividend Payout Ratio

0%

Quantum Corporation ended 2023 with $232.40 million in total assets and $0 in total liabilities. Its intangible assets were valued at $232.40 million while shareholder equity stood at $-77053000.00.

Quantum Corporation ended 2023 with $0 in deferred long-term liabilities, $150.84 million in other current liabilities, 932000.00 in common stock, $-795237000.00 in retained earnings and $12.97 million in goodwill. Its cash balance stood at $26.03 million and cash and short-term investments were $26.03 million. The company’s total short-term debt was $5,000,000 while long-term debt stood at $95.04 million.

Quantum Corporation’s total current assets stands at $172.07 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $72.91 million compared to accounts payable of $41.79 million and inventory worth $58.22 million.

In 2023, Quantum Corporation's operating cash flow was $-2849000.00 while its capital expenditure stood at $2.85 million.

Comparatively, Quantum Corporation paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.15

52-Week High

$2.4

52-Week Low

$0.86

Analyst Target Price

$3.92

Quantum Corporation stock is currently trading at $1.15 per share. It touched a 52-week high of $2.4 and a 52-week low of $2.4. Analysts tracking the stock have a 12-month average target price of $3.92.

Its 50-day moving average was $1.28 and 200-day moving average was $1.39 The short ratio stood at 1.94 indicating a short percent outstanding of 0%.

Around 476.9% of the company’s stock are held by insiders while 6195% are held by institutions.