Rocket Fuel Inc. (FUEL) shares are down $3.02, or 20.11%, to $11.75 in after-hours trading Thursday after the company reported its fourth quarter earnings results.
The tech firm reported earnings of ($0.18) per share on revenues of $139.5 million, up 63.0% from a year ago. Analysts were expecting EPS of ($0.24) on revenues of $147.26 million. Rocket Fuel said revs would have been $140 million without the effect of the rising dollar.
For the current quarter, the company sees non-GAAP net revs in the range of $57 million to $58 million.
On valuation measures, Rocket Fuel Inc. shares, which currently have an average 3-month trading volume of 600,536 shares have a P/E to growth ratio of (0.36). The median Wall Street price target on the name is $20.00 with a high target of $35.00. Currently ticker boasts 4 ‘Buy’ endorsements, compared to 6 ’Holds’ and no ‘Sell’.
Profitability-wise, FUEL has a t-12 profit and operating margin of (12.96%) and (11.24%), respectively. The $609.93 million market cap company reported $107.1 million in cash vs. $69.67 million in debt in its most recent quarter.
FUEL currently prints a one year loss of about 72%, and a year-to-date loss of around 12%.
The chart below shows where the equity has traded over the last 52 weeks.
Rocket Fuel Inc. is a technology firm that provides artificial-intelligence digital advertising solutions. The company was founded in 2008 and is headquartered in Redwood City, California.