AudioEye (AEYE) ended the recent trading session at $13.01, demonstrating a -0.84% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 1.59% for the day. On the other hand, the Dow registered a gain of 1.39%, and the technology-centric Nasdaq increased by 1.63%.

Coming into today, shares of the company had lost 31.99% in the past month. In that same time, the Computer and Technology sector lost 3.43%, while the S&P 500 lost 2.42%.

The investment community will be paying close attention to the earnings performance of AudioEye in its upcoming release. The company is slated to reveal its earnings on March 12, 2025. On that day, AudioEye is projected to report earnings of $0.18 per share, which would represent year-over-year growth of 63.64%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $9.73 million, up 23.67% from the year-ago period.

Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for AudioEye. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. AudioEye is currently a Zacks Rank #3 (Hold).

In terms of valuation, AudioEye is presently being traded at a Forward P/E ratio of 19.15. This valuation marks a discount compared to its industry's average Forward P/E of 27.99.

Investors should also note that AEYE has a PEG ratio of 0.77 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 2.11.

The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 82, placing it within the top 33% of over 250 industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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Audioeye, Inc. (AEYE) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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