MICS stock forecast
Our latest prediction for Singing Machine Co., Inc.'s stock price was made on the Nov. 27, 2023 when the stock price was at 1.24$.
In the short term (2weeks), MICS's stock price should underperform the market by -2.11%. During that period the price should oscillate between -12.67% and +9.01%.
In the medium term (3months), MICS's stock price should underperform the market by -9.40%. During that period the price should oscillate between -29.28% and +18.14%.
Get email alertsCreate a solid portfolio with MICS
About Singing Machine Co., Inc.
it all started with a vision… singing machine was founded in 1982 in california as a manufacturer of professional and semi-professional karaoke machines. in 1988, our founder eddie steele saw potential in home karaoke machines and the results speak for themselves. singing machine became the first company to introduce home karaoke products to the united states earning us the spot as the most recognized karaoke brand and as such, singing machine products incorporate the latest technology for singing practice, music listening, entertainment and social sharing. today, we are the north american leader in consumer karaoke products and have grown at an explosive rate of 20% year-over-year. we offer the industry’s widest line of at-home karaoke machines, accessories, and music-oriented toy products at affordable price points that represent tremendous value to our customers as well as over 14,000 songs for streaming and download with apps available for ios and android. singing machine products
At the moment the company generates 29M USD in revenues.
On its last earning announcement, the company reported a loss of -2.36$ per share.
The book value per share is 0.30$
Three months stock forecastNov. 27, 2023
Financials
Revenue USD | Gross Margin | Operating Income | Operating Margin | Net Income | Earnings Per Share | Dividends | Payout Ratio | Shares | Book Value Per Share | Operating Cash Flow | Cap Spending | Free Cash Flow |
---|---|---|---|---|---|---|---|---|---|---|---|---|
29M | - | -6M | - | -7M | -2.36 | - | - | 4M | 0.30 | - | - | - |