Company Performance - AudioEye (AEYE) closed at 0.14, representing a 600% increase year-over-year, with revenue forecasted at 0.47 per share and revenue of $34.84 million, reflecting increases of +327.27% and +11.24% respectively from the previous year [2] - Recent shifts in analyst projections for AudioEye are important as they often indicate changes in near-term business trends, with positive estimate changes suggesting a favorable outlook on the company's health and profitability [2] Valuation Metrics - AudioEye has a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [3] - The company's Forward P/E ratio is 48.15, which is a premium compared to the industry's average Forward P/E of 31.19 [3] - AudioEye's PEG ratio stands at 1.93, compared to the Internet - Software industry's average PEG ratio of 2.03 [3] Industry Overview - The Internet - Software industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 69, placing it in the top 28% of over 250 industries [4] - The Zacks Industry Rank is based on the average Zacks Rank of individual companies, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]
AudioEye (AEYE) Suffers a Larger Drop Than the General Market: Key Insights