Fintel reports that on August 15, 2023, EF Hutton reiterated coverage of Castellum (XASE:CTM) with a Buy recommendation.
Analyst Price Forecast Suggests 177.28% Upside
As of August 2, 2023, the average one-year price target for Castellum is 1.43. The forecasts range from a low of 1.41 to a high of $1.47. The average price target represents an increase of 177.28% from its latest reported closing price of 0.52.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Castellum is 49MM, an increase of 11.53%. The projected annual non-GAAP EPS is -0.21.
What is the Fund Sentiment?
There are 25 funds or institutions reporting positions in Castellum. This is an increase of 3 owner(s) or 13.64% in the last quarter. Average portfolio weight of all funds dedicated to CTM is 0.00%, a decrease of 5.89%. Total shares owned by institutions increased in the last three months by 24.90% to 1,363K shares.
What are Other Shareholders Doing?
Magnus Financial Group holds 250K shares representing 0.53% ownership of the company.
Geode Capital Management holds 226K shares representing 0.48% ownership of the company. No change in the last quarter.
FSMAX - Fidelity Extended Market Index Fund holds 180K shares representing 0.38% ownership of the company. In it's prior filing, the firm reported owning 183K shares, representing a decrease of 1.64%. The firm decreased its portfolio allocation in CTM by 24.14% over the last quarter.
Meridian Wealth Management holds 156K shares representing 0.33% ownership of the company. In it's prior filing, the firm reported owning 187K shares, representing a decrease of 20.06%. The firm decreased its portfolio allocation in CTM by 63.07% over the last quarter.
Kestra Private Wealth Services holds 153K shares representing 0.32% ownership of the company. In it's prior filing, the firm reported owning 75K shares, representing an increase of 51.21%. The firm increased its portfolio allocation in CTM by 39.22% over the last quarter.
Additional reading:
- Castellum, Inc. Announces Strong Second Quarter Financial Results
- Castellum Generates Record Quarterly Revenue; Higher Cash Balance
- Castellum, Inc. Generates Record Monthly Revenue
- Castellum, Inc. Formally Joins Russell Microcap Index; Comments on Recent Stock Trading Volume
- Castellum, Inc. Announces More Aggressive Cost Reduction Plan; Comments on Stock Trading Price
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