Ispire Technology Inc. (NASDAQ:ISPR – Free Report) – Equities researchers at Roth Capital issued their FY2026 earnings estimates for shares of Ispire Technology in a research note issued on Tuesday, November 19th. Roth Capital analyst N. Anderson expects that the company will post earnings of $0.02 per share for the year. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for Ispire Technology’s current full-year earnings is ($0.21) per share.
Ispire Technology (NASDAQ:ISPR – Get Free Report) last posted its quarterly earnings results on Monday, November 11th. The company reported ($0.10) EPS for the quarter, meeting the consensus estimate of ($0.10). The company had revenue of $39.34 million for the quarter, compared to analyst estimates of $45.60 million. Ispire Technology had a negative net margin of 12.80% and a negative return on equity of 58.50%. During the same period in the prior year, the company earned ($0.04) earnings per share.
Check Out Our Latest Analysis on Ispire Technology
Ispire Technology Stock Down 0.6 %
Ispire Technology stock opened at $6.25 on Thursday. Ispire Technology has a 52 week low of $5.01 and a 52 week high of $13.87. The firm has a market cap of $354.06 million, a price-to-earnings ratio of -18.38 and a beta of 2.85. The business’s 50-day moving average price is $6.45 and its 200 day moving average price is $6.94.
Institutional Trading of Ispire Technology
Institutional investors have recently bought and sold shares of the business. MetLife Investment Management LLC lifted its position in shares of Ispire Technology by 137.6% during the 3rd quarter. MetLife Investment Management LLC now owns 11,764 shares of the company’s stock valued at $73,000 after buying an additional 6,812 shares in the last quarter. Zacks Investment Management purchased a new position in Ispire Technology during the third quarter valued at $96,000. Barclays PLC lifted its holdings in Ispire Technology by 311.2% during the third quarter. Barclays PLC now owns 27,461 shares of the company’s stock valued at $171,000 after purchasing an additional 20,782 shares in the last quarter. Tidal Investments LLC acquired a new stake in shares of Ispire Technology in the first quarter valued at about $196,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Ispire Technology by 9.3% during the second quarter. Bank of New York Mellon Corp now owns 46,119 shares of the company’s stock worth $369,000 after purchasing an additional 3,931 shares in the last quarter. 5.00% of the stock is owned by institutional investors and hedge funds.
Ispire Technology Company Profile
Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited.
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