Company Performance - AudioEye closed at $11.59, reflecting a -1.11% change from the previous day, underperforming compared to the S&P 500's 0.14% gain [1] - Over the past month, AudioEye shares gained 3.26%, lagging behind the Computer and Technology sector's gain of 5.36% and the S&P 500's gain of 3.97% [1] Earnings Forecast - AudioEye is projected to report earnings of $0.16 per share, indicating a year-over-year growth of 33.33% [2] - Revenue is expected to be $9.94 million, representing a 17.31% increase compared to the same quarter last year [2] Annual Estimates - For the entire year, earnings are forecasted at $0.71 per share and revenue at $41.51 million, showing changes of +29.09% and +17.91% respectively compared to the previous year [3] - Recent changes to analyst estimates for AudioEye may reflect shifting business dynamics, with positive revisions seen as a favorable sign for the business outlook [3] Valuation Metrics - AudioEye has a Forward P/E ratio of 16.62, which is a discount compared to its industry's Forward P/E of 27.71 [6] - The company has a PEG ratio of 0.66, significantly lower than the Internet - Software industry's average PEG ratio of 2.15 [6] Industry Ranking - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 65, placing it in the top 27% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
AudioEye (AEYE) Stock Slides as Market Rises: Facts to Know Before You Trade