AudioEye (AEYE) Declines More Than Market: Some Information for Investors

Core Insights - AudioEye's stock price decreased by 1.62% to $13.93, underperforming compared to the S&P 500's loss of 0.55% [1] - The stock has increased by 18.3% over the past month, outperforming the Computer and Technology sector's gain of 9.88% and the S&P 500's gain of 3.64% [1] Earnings Expectations - The upcoming earnings report is anticipated to show an EPS of $0.18, representing a 12.5% increase from the same quarter last year [2] - Revenue is projected to be $10.25 million, reflecting a 14.78% rise year-over-year [2] Annual Forecast - For the full year, earnings are expected to be $0.70 per share and revenue at $40.47 million, indicating increases of 27.27% and 14.96% respectively compared to the previous year [3] - Recent analyst estimate revisions suggest a positive outlook on the company's business health and profitability [3] Valuation Metrics - AudioEye's Forward P/E ratio is 20.23, which is a discount compared to the industry average Forward P/E of 32.31 [6] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 70, placing it in the top 29% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates that AudioEye is currently rated 3 (Hold) [5] - The Zacks Rank has a historical track record of outperforming expectations, with 1 rated stocks delivering an average annual return of +25% since 1988 [5]