Quantum Stock Today

QMCO Stock  USD 17.86  0.63  3.66%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 63

 
High
 
Low
Quite High
Quantum is selling at 17.86 as of the 28th of November 2024; that is 3.66% increase since the beginning of the trading day. The stock's open price was 17.23. Quantum has more than 63 % chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. Note, on December 29, 2021, Representative Debbie Wasserman Schultz of US Congress acquired under $15k worth of Quantum's common stock.
Business Domain
Technology Hardware & Equipment
IPO Date
2nd of August 1999
Category
Technology
Classification
Information Technology
Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California. The company has 4.85 M outstanding shares of which 188.35 K shares are at this time shorted by private and institutional investors with about 4.64 trading days to cover. More on Quantum

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Quantum Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President ChairmanJames Lerner
Business ConcentrationTechnology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Technology Hardware, Storage & Peripherals, Computer Hardware, Technology, Cloud Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.281.6608
Significantly Down
Pretty Stable
Gross Profit Margin0.270.4008
Way Down
Slightly volatile
Total Current Liabilities207.6 M249.9 M
Significantly Down
Pretty Stable
Non Current Liabilities Total56.2 M59.2 M
Notably Down
Slightly volatile
Total Assets178.2 M187.6 M
Notably Down
Slightly volatile
Total Current Assets125.2 M131.8 M
Notably Down
Slightly volatile
Debt Levels
Quantum can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Quantum's financial leverage. It provides some insight into what part of Quantum's total assets is financed by creditors.
Liquidity
Quantum currently holds 119.98 M in liabilities. Quantum has a current ratio of 1.14, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Quantum's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(5.58 Million)
Quantum (QMCO) is traded on NASDAQ Exchange in USA. It is located in 224 Airport Parkway, San Jose, CA, United States, 95110 and employs 770 people. Quantum is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 83.54 M. Quantum conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 4.85 M outstanding shares of which 188.35 K shares are at this time shorted by private and institutional investors with about 4.64 trading days to cover. Quantum currently holds about 26.53 M in cash with (10.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26.
Check Quantum Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Quantum is $83.54 Million. 30% of Quantum outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. On December 29, 2021, Representative Debbie Wasserman Schultz of US Congress acquired under $15k worth of Quantum's common stock.
Check Quantum Ownership Details

Quantum Stock Institutional Holders

InstituionRecorded OnShares
Berkshire Asset Management Inc2024-06-30
57.1 K
Geode Capital Management, Llc2024-09-30
52.1 K
Jane Street Group Llc2024-06-30
46.1 K
Susquehanna International Group, Llp2024-06-30
30.5 K
Two Sigma Securities, Llc2024-06-30
29.3 K
Hightower Advisors, Llc2024-06-30
26.1 K
Bank Of New York Mellon Corp2024-06-30
25.4 K
Morgan Stanley - Brokerage Accounts2024-06-30
21.1 K
Tower Research Capital Llc2024-06-30
20.4 K
Neuberger Berman Group Llc2024-06-30
14.3 M
Allianz Asset Management Ag2024-06-30
10.2 M
View Quantum Diagnostics

Quantum Historical Income Statement

At this time, Quantum's Gross Profit is very stable compared to the past year. As of the 28th of November 2024, Total Operating Expenses is likely to grow to about 195.8 M, while Depreciation And Amortization is likely to drop about 8.8 M. View More Fundamentals

Quantum Stock Against Markets

Quantum Corporate Management

Laura NashChief OfficerProfile
Lewis CPAChief OfficerProfile
Bruno HaldVP StorageProfile
Brian PawlowskiChief OfficerProfile
Ross FujiiChief OfficerProfile
Kenneth GianellaChief OfficerProfile
Willem DirvenChief OfficerProfile
When determining whether Quantum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quantum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quantum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quantum Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quantum. If investors know Quantum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quantum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(13.13)
Revenue Per Share
60.743
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.12)
The market value of Quantum is measured differently than its book value, which is the value of Quantum that is recorded on the company's balance sheet. Investors also form their own opinion of Quantum's value that differs from its market value or its book value, called intrinsic value, which is Quantum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quantum's market value can be influenced by many factors that don't directly affect Quantum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quantum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.