FiscalNote (NOTE) Scheduled to Post Earnings on Tuesday

FiscalNote (NYSE:NOTE) is scheduled to be announcing its earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

FiscalNote (NYSE:NOTE) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.04. FiscalNote had a negative return on equity of 115.06% and a negative net margin of 36.20%. The business had revenue of $29.25 million for the quarter, compared to analysts’ expectations of $29.05 million. During the same period in the prior year, the firm earned ($0.23) EPS. On average, analysts expect FiscalNote to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

FiscalNote Stock Performance

NYSE:NOTE opened at $0.93 on Friday. The stock’s fifty day moving average is $1.15 and its 200 day moving average is $1.34. FiscalNote has a fifty-two week low of $0.65 and a fifty-two week high of $2.27. The firm has a market capitalization of $130.26 million, a PE ratio of -4.25 and a beta of 0.49. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.01 and a current ratio of 1.01.

Insider Transactions at FiscalNote

In related news, CEO Tim Hwang sold 22,186 shares of the firm’s stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $1.18, for a total transaction of $26,179.48. Following the sale, the chief executive officer now owns 2,471,867 shares of the company’s stock, valued at $2,916,803.06. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last 90 days, insiders have sold 122,923 shares of company stock valued at $152,857. 47.59% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on NOTE shares. DA Davidson decreased their price target on FiscalNote from $1.35 to $1.05 and set a “neutral” rating on the stock in a report on Friday, August 9th. EF Hutton Acquisition Co. I upgraded FiscalNote to a “strong-buy” rating in a research note on Monday, October 28th. B. Riley reduced their target price on FiscalNote from $2.25 to $2.00 and set a “buy” rating on the stock in a research note on Monday, August 12th. Finally, Northland Securities reduced their target price on FiscalNote from $6.00 to $5.00 and set an “outperform” rating on the stock in a research note on Monday, August 12th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $2.68.

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.