FiscalNote Holdings, Inc. (NYSE:NOTE – Get Free Report) has been assigned a consensus recommendation of “Buy” from the seven research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $2.63.
NOTE has been the subject of a number of recent analyst reports. Roth Mkm lowered their price target on shares of FiscalNote from $3.00 to $2.00 and set a “buy” rating for the company in a report on Friday, March 14th. B. Riley reduced their price objective on shares of FiscalNote from $1.75 to $1.50 and set a “buy” rating on the stock in a research report on Friday, March 14th. LADENBURG THALM/SH SH assumed coverage on shares of FiscalNote in a research report on Thursday, May 1st. They set a “buy” rating and a $2.50 price objective on the stock. Wall Street Zen raised shares of FiscalNote from a “sell” rating to a “hold” rating in a research report on Thursday, May 22nd. Finally, D. Boral Capital reissued a “buy” rating and set a $3.75 price objective on shares of FiscalNote in a research report on Tuesday, May 13th.
Get Our Latest Stock Analysis on FiscalNote
Insider Buying and Selling at FiscalNote
Institutional Trading of FiscalNote
Hedge funds and other institutional investors have recently modified their holdings of the business. Wells Fargo & Company MN grew its position in shares of FiscalNote by 58.0% in the 4th quarter. Wells Fargo & Company MN now owns 29,315 shares of the company’s stock worth $31,000 after buying an additional 10,765 shares during the period. Envestnet Asset Management Inc. grew its position in shares of FiscalNote by 27.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 28,621 shares of the company’s stock worth $31,000 after buying an additional 6,090 shares during the period. NewEdge Advisors LLC grew its position in shares of FiscalNote by 250.0% in the 4th quarter. NewEdge Advisors LLC now owns 35,000 shares of the company’s stock worth $37,000 after buying an additional 25,000 shares during the period. Mariner LLC grew its position in shares of FiscalNote by 85.3% in the 4th quarter. Mariner LLC now owns 35,662 shares of the company’s stock worth $38,000 after buying an additional 16,418 shares during the period. Finally, Wolverine Trading LLC grew its position in shares of FiscalNote by 95.1% in the 4th quarter. Wolverine Trading LLC now owns 34,137 shares of the company’s stock worth $39,000 after buying an additional 16,637 shares during the period. 54.31% of the stock is owned by hedge funds and other institutional investors.
FiscalNote Trading Down 9.8%
NYSE:NOTE opened at $0.50 on Friday. The company has a fifty day moving average of $0.62 and a 200 day moving average of $0.96. FiscalNote has a 52 week low of $0.48 and a 52 week high of $2.07. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $79.43 million, a P/E ratio of -1.52 and a beta of 0.61.
FiscalNote (NYSE:NOTE – Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). FiscalNote had a negative net margin of 39.19% and a negative return on equity of 59.01%. The firm had revenue of $27.51 million for the quarter, compared to the consensus estimate of $26.43 million. On average, research analysts predict that FiscalNote will post -0.43 earnings per share for the current year.
FiscalNote Company Profile
FiscalNote Holdings, Inc operates as technology company North America, Europe, Australia, and Asia. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company also delivers that intelligence through its suite of public policy and issues management products, as well as powerful tools to manage workflows, advocacy campaigns, and constituent relationships.
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