FiscalNote Holdings (NYSE:NOTE) underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 0 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 4 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated FiscalNote Holdings and provided 12-month price targets. The average target is $3.75, accompanied by a high estimate of $5.00 and a low estimate of $1.75. Highlighting a 3.35% decrease, the current average has fallen from the previous average price target of $3.88.
Exploring Analyst Ratings: An In-Depth Overview
A clear picture of FiscalNote Holdings's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Tim Moore | EF Hutton | Lowers | Buy | $3.50 | $5.00 |
| Tim Moore | EF Hutton | Maintains | Buy | $5.00 | $5.00 |
| Michael Albanese | EF Hutton | Maintains | Buy | $5.00 | - |
| Michael Albanese | EF Hutton | Lowers | Buy | $5.00 | $7.00 |
| Rudy Kessinger | DA Davidson | Raises | Neutral | $1.75 | $0.65 |
| Zach Cummings | B. Riley Securities | Raises | Buy | $2.25 | $1.75 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to FiscalNote Holdings. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of FiscalNote Holdings compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of FiscalNote Holdings's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into FiscalNote Holdings's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
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About FiscalNote Holdings
FiscalNote Holdings Inc is a provider of global policy and market intelligence solutions. Leveraging AI and analytics, it delivers actionable legal and policy insights for businesses, government institutions, and nonprofits. Its suite of products includes FiscalNote Core, CQ Federal, and EU Issue Tracker, facilitating effective policy management and risk mitigation. With expert analysis from FrontierView, Oxford Analytica, and Dragonfly Eye, it offers geopolitical and market intelligence services. Operating as one segment, it generates revenue by integrating policy intelligence into daily operations. Geographically the company generates the majority of its revenue from North America, Europe, Australia, and Asia, with the majority generated from North America.
FiscalNote Holdings: Delving into Financials
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: FiscalNote Holdings's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 8.95%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: FiscalNote Holdings's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -148.1%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -79.9%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): FiscalNote Holdings's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -13.16%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: FiscalNote Holdings's debt-to-equity ratio surpasses industry norms, standing at 5.79. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.