Company Performance - AudioEye's stock closed at 0.16, a 33.33% increase year-over-year [2] - Revenue is anticipated to be 0.71 per share and revenue at $41.51 million, reflecting increases of +29.09% and +17.91% respectively from the previous year [3] - Recent analyst estimate revisions indicate optimism regarding AudioEye's business and profitability [3] Analyst Ratings - The Zacks Rank system currently rates AudioEye as 2 (Buy), with a historical average annual return of +25% for 1 rated stocks since 1988 [5] - The Zacks Consensus EPS estimate has remained unchanged over the past month [5] Valuation Metrics - AudioEye has a Forward P/E ratio of 17.48, which is lower than the industry average Forward P/E of 29.63 [6] - The company has a PEG ratio of 0.7, significantly below the Internet - Software industry's average PEG ratio of 2.35 [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 55, placing it in the top 23% of over 250 industries [8] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [8]
AudioEye (AEYE) Beats Stock Market Upswing: What Investors Need to Know