MultiSensor AI (MSAI) to Release Quarterly Earnings on Tuesday
by Doug Wharley · The Cerbat GemMultiSensor AI (NASDAQ:MSAI – Get Free Report) is expected to be issuing its results before the market opens on Tuesday, May 12th. Analysts expect the company to announce earnings of ($1.60) per share and revenue of $1.70 million for the quarter.
MultiSensor AI (NASDAQ:MSAI – Get Free Report) last posted its quarterly earnings data on Thursday, March 19th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.07. MultiSensor AI had a negative net margin of 211.01% and a negative return on equity of 74.39%. The company had revenue of $1.39 million during the quarter, compared to analyst estimates of $1.90 million. On average, analysts expect MultiSensor AI to post $-4 EPS for the current fiscal year and $-2 EPS for the next fiscal year.
MultiSensor AI Trading Down 1.3%
MSAI stock traded down $0.09 during mid-day trading on Tuesday, reaching $6.36. 19,634 shares of the stock traded hands, compared to its average volume of 44,642. MultiSensor AI has a 52-week low of $4.99 and a 52-week high of $96.00. The company has a market cap of $12.77 million, a P/E ratio of -0.50 and a beta of -0.24. The stock’s fifty day moving average is $9.29 and its 200-day moving average is $18.21.
Hedge Funds Weigh In On MultiSensor AI
A number of hedge funds have recently added to or reduced their stakes in the company. Susquehanna International Group LLP acquired a new position in MultiSensor AI in the third quarter worth approximately $38,000. Geode Capital Management LLC increased its holdings in MultiSensor AI by 44.6% in the fourth quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock worth $116,000 after buying an additional 124,413 shares during the last quarter. Jane Street Group LLC acquired a new position in MultiSensor AI in the fourth quarter worth approximately $58,000. Ghisallo Capital Management LLC acquired a new position in MultiSensor AI in the fourth quarter worth approximately $72,000. Finally, Bleichroeder LP increased its holdings in MultiSensor AI by 74.6% in the fourth quarter. Bleichroeder LP now owns 1,222,493 shares of the company’s stock worth $352,000 after buying an additional 522,493 shares during the last quarter. Institutional investors and hedge funds own 82.32% of the company’s stock.
Wall Street Analysts Forecast Growth
MSAI has been the subject of a number of analyst reports. Wall Street Zen raised shares of MultiSensor AI to a “hold” rating in a research note on Saturday, April 18th. Zacks Research raised shares of MultiSensor AI to a “hold” rating in a research note on Friday, January 30th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of MultiSensor AI in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $120.00.
Check Out Our Latest Stock Analysis on MultiSensor AI
MultiSensor AI Company Profile
MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.
Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.