NASDAQ:MICS

Singing Machine (MICS) Stock Price, News & Analysis

$1.03
+0.16 (+18.39%)
(As of 04:32 PM ET)
Today's Range
$0.88
$1.07
50-Day Range
$0.67
$1.26
52-Week Range
$0.61
$2.66
Volume
67,129 shs
Average Volume
25,819 shs
Market Capitalization
$4.35 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.00

Singing Machine MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
304.0% Upside
$4.00 Price Target
Short Interest
Healthy
3.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.09mentions of Singing Machine in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.71 out of 5 stars

MICS stock logo

About Singing Machine Stock (NASDAQ:MICS)

The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone and accessories, and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms. The Singing Machine Company, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida.

MICS Stock Price History

MICS Stock News Headlines

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Karaoke Inventor Dies
MICS The Singing Machine Company, Inc.
Singing Machine Co. Inc.
See More Headlines
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Company Calendar

Today
4/25/2024
Next Earnings (Estimated)
7/12/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Prerecorded records & tapes
Sub-Industry
N/A
Current Symbol
NASDAQ:MICS
Employees
37
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$4.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+304.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-4,640,000.00
Pretax Margin
-21.85%

Debt

Sales & Book Value

Annual Sales
$39.30 million
Book Value
$3.28 per share

Miscellaneous

Free Float
2,216,000
Market Cap
$4.18 million
Optionable
Not Optionable
Beta
-0.03
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Key Executives

  • Mr. Gary Atkinson (Age 43)
    CEO & Director
    Comp: $248.87k
  • Mr. Bernardo Melo (Age 47)
    Chief Revenue Officer & Director
    Comp: $323.63k
  • Mr. Milton Charles Ault III (Age 54)
    Executive Chairman
  • Mr. Richard Perez (Age 53)
    CFO & Corporate Controller
  • Mr. Brendan Hopkins
    Investor Relations Contact

MICS Stock Analysis - Frequently Asked Questions

Should I buy or sell Singing Machine stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Singing Machine in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MICS shares.
View MICS analyst ratings
or view top-rated stocks.

What is Singing Machine's stock price target for 2024?

1 equities research analysts have issued 1-year price objectives for Singing Machine's shares. Their MICS share price targets range from $4.00 to $4.00. On average, they anticipate the company's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 304.0% from the stock's current price.
View analysts price targets for MICS
or view top-rated stocks among Wall Street analysts.

How have MICS shares performed in 2024?

Singing Machine's stock was trading at $1.01 at the start of the year. Since then, MICS shares have decreased by 2.0% and is now trading at $0.99.
View the best growth stocks for 2024 here
.

Are investors shorting Singing Machine?

Singing Machine saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 26,200 shares, a decrease of 43.4% from the March 15th total of 46,300 shares. Based on an average daily trading volume, of 28,200 shares, the days-to-cover ratio is currently 0.9 days. Currently, 3.8% of the shares of the company are sold short.
View Singing Machine's Short Interest
.

When is Singing Machine's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 12th 2024.
View our MICS earnings forecast
.

When did Singing Machine IPO?

Singing Machine (MICS) raised $4 million in an IPO on Tuesday, May 24th 2022. The company issued 1,000,000 shares at a price of $4.00 per share. Aegis Capital Corp. acted as the underwriter for the IPO.

How do I buy shares of Singing Machine?

Shares of MICS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MICS) was last updated on 4/25/2024 by MarketBeat.com Staff

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