So on a fully diluted basis, at the current market price of 5.7c, the market capitalisation is ~$30 million. How has Nearmap's share price performed over time and what events caused price changes? Nearmap is a global leader in the provision of geospatial map technology for business, enterprises and government customers. That was back in February when the share price was 60c. Nearmap raised capital in September 2020 with the stock priced at a floor of 2.69 AUD and a cap of 2.77 AUD. ... Nearmap forecast ACV growth for the 2021 financial year in the range of 20–40%. Morgan Stanley notes the upgrade comes ahead of the seasonal peak in June, implying confidence in the outlook. As of today (2021-04-12), Nearmap's share price is AUD2.150000. Nearmap Ltd (ASX: NEA) According to a change of director's interest notice, one of this aerial imagery technology and location data company's directors has been taking advantage of recent weakness in its share price to top up his position. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,025.0 days. Shares of aerial image maker Nearmap plunged 15 per cent this morning after the company reported that losses widened for the year ending June 30 and declined to provide guidance for the current year. According to the note, the broker was disappointed with its guidance revision and has concerns over the stickiness of its product. HotCopper has news, discussion, prices and market data on NEARMAP LTD. Join the HotCopper ASX share market forum today for free. The fall means Nearmap is down 15% year-to-date, although the stock is still up 13% over the last 12 months. The growth opportunity and pipeline forecast in both a maturing ANZ market and a growing North American market I understand is promising. The Nearmap Ltd (ASX:NEA) Half-Year Results Are Out And Analysts Have Published New Forecasts. Nearmap (), despite no evidence of an impact on trading from the pandemic, is taking on a range of cost initiatives to set the mapping business up for a breakeven on cash flow by June 2020. That’s about 17x the ACV, which is fairly high in comparison to other tech companies. Therefore, Nearmap's Price to Peter Lynch Fair Value Ratio for today is N/A. Here, the company’s share price collapsed as much as 24.69% – to $1.84 per share – after management downgraded its Group Annualised Contract Value (ACV) forecasts for FY20. Nearmap's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2020 was AUD-0.08. Nearmap Ltd FY20 Results – Share Price Down 12% Timothy Anderson Tim has a genuine passion for economics, specifically in macroeconomic analysis including how certain macroeconomic policies and indicators affect financial markets and the economy, as well as how these factors affect personal investment strategies. Check out the latest ideas and forecasts on NEARMAP LTD from our top authors — they share predictions and technical outlook of the market. Source: Tradingview.com This technology is used to estimate the … After trading resumed on Thursday, the stock slumped 23.3% to … NEA share price Source: Rask Media NEA 2-year share price chart Uphill battle. In fact, on the bearish end of the spectrum, Evans & Partners rate Nearmap (ASX: NEA) a NEUTRAL, with a price target of $3.07 per share. Nearmap Ltd ( ASX:NEA ) just released its interim report and … CBA forecasts house prices to rise 16pc and apartment prices to rise 9pc over two years. At the time of writing, NEA share price is down 20.3%. Mean consensus: BUY: Number of Analysts: 7: Average target price: 3,17 AUD : Last Close Price: 2,14 AUD : Spread / Highest target Future Return on Equity. A US-based competitor, Eagle View Technologies has alleged patent infringement relating to its roof-estimation technology. That said, some small customers are exposed to the impact of the pandemic and any requests for assistance are being considered on a case-by-case basis. Past Performance. Latest Share Price and Events. Nearmap's Peter Lynch fair value is AUD-2.04. Nearmap has upgraded FY21 annual contract value (ACV) guidance to $128-132m, which represents underlying growth of 21-25%. Nearmap has had a solid year … Nearmap saw a decline in short interest during the month of March. Latest Share Price and Events Stable Share Price : RUL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week. *- Nearmap achieved cashflow breakeven at 30 June 202 through the cost cutting measures taken in April. Higher revenues also resulted in substantially lower statutory losses which, at AU$0.02 per share, were 2.4% smaller than the … Share Nearmap Ltd (ASX: NEA) 9 February 2020. While the economic outlook in 2020 looks different from 2016 – when Nearmap banked $20 million after placing 28.6 million new shares to sophisticated, professional and institutional investors at the price of $0.70 per share – Nearmap is trying to replicate its success through entering the North American markets and develop more advanced technology. Nearmap Ltd (), which is in the software business, and is based in Australia, saw a significant share price rise of over 20% in the past couple of months on the ASX.As a stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. Nearmap Ltd (NEA, formerly Ipernica Limited) is a provider of geospatial map technology for business, enterprises and government customers. 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