Company Performance - AudioEye (AEYE) stock increased by 2.93% to $11.96, outperforming the S&P 500's daily gain of 1.11% [1] - Over the past month, shares of AudioEye have decreased by 4.36%, while the Computer and Technology sector gained 5.67% and the S&P 500 gained 3.92% [1] Earnings Projections - The upcoming EPS for AudioEye is projected at $0.16, reflecting a 33.33% increase compared to the same quarter last year [2] - Revenue is anticipated to be $9.94 million, indicating a 17.31% increase from the same quarter last year [2] - For the entire fiscal year, earnings are projected at $0.71 per share and revenue at $41.51 million, representing increases of 29.09% and 17.91% respectively from the prior year [3] Analyst Forecasts - Recent revisions to analyst forecasts for AudioEye are being monitored, as upward revisions indicate positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Consensus EPS estimate has remained unchanged over the past month, with AudioEye currently holding a Zacks Rank of 2 (Buy) [6] Valuation Metrics - AudioEye is trading at a Forward P/E ratio of 16.48, which is a discount compared to the industry average Forward P/E of 28 [6] - The PEG ratio for AudioEye is currently 0.66, significantly lower than the industry average PEG ratio of 2.2 [7] Industry Context - The Internet - Software industry, which includes AudioEye, has a Zacks Industry Rank of 46, placing it within the top 19% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
AudioEye (AEYE) Outperforms Broader Market: What You Need to Know