Circle Internet Group Inc (NYSE:CRCL) does about 49.67M shares in volume on a normal day but saw 33998969 shares change hands in the recent trading day. The company now has a market cap of 40.34B USD. Its current market price is $181.29, marking an increase of 0.48% compared to the previous close of $180.43. The 52 week high reached by this stock is $298.99 whilst the lowest price level in 52 weeks is $64.00.
The consensus objective for the share price is $205.00, suggesting that the stock has a potential upside of 11.57% over the period.
JP Morgan initiated its price target at $80.
The current price level is 11.28%, 11.28%, and 11.28% away from its SMA20, SMA50, and SMA200 respectively, with the CRCL price moving above the 50-day SMA on current market day. Its price is 117.82% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.32 and 1.27 for whole year. Expected sales for next quarter are $661.73M, which analysts say will come at $2.59B for the current fiscal year and next year at $3.4B. In addition, estimates put the company’s current quarterly revenue at an average of $642.9M.
To reach the target analysts have set, the stock logically needs to grow 11.57 percent from here.
Outstanding shares total 222.54M with insiders holding 13.33% of the shares and institutional holders owning 44.76% of the company’s common stock. The company has a return on investment of 16.40%. The price to earnings ratio (P/E ratio) amounts to 570.09 while the forward price to earnings ratio is 77.86. Price to book ratio is 13.97 and price to sales ratio is 21.35.
