Analysts Set Expectations for MultiSensor AI Holdings, Inc.’s Q1 2024 Earnings (NASDAQ:MSAI)

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) – Investment analysts at Roth Capital issued their Q1 2024 earnings per share estimates for shares of MultiSensor AI in a report released on Monday, April 15th. Roth Capital analyst G. Sweeney forecasts that the company will post earnings of ($0.05) per share for the quarter. The consensus estimate for MultiSensor AI’s current full-year earnings is ($0.02) per share. Roth Capital also issued estimates for MultiSensor AI’s Q2 2024 earnings at ($0.03) EPS, Q3 2024 earnings at $0.01 EPS, Q4 2024 earnings at $0.05 EPS, FY2024 earnings at ($0.02) EPS, FY2025 earnings at $0.23 EPS and FY2026 earnings at $0.36 EPS.

Separately, Roth Mkm started coverage on shares of MultiSensor AI in a research note on Monday. They issued a “buy” rating and a $8.00 price objective on the stock.

MultiSensor AI Trading Up 8.0 %

Shares of NASDAQ MSAI opened at $2.70 on Wednesday. MultiSensor AI has a 12 month low of $1.89 and a 12 month high of $14.00. The stock has a 50 day simple moving average of $2.71.

Hedge Funds Weigh In On MultiSensor AI

A hedge fund recently bought a new stake in MultiSensor AI stock. Sanders Morris Harris LLC purchased a new stake in MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 445,195 shares of the company’s stock, valued at approximately $1,006,000. Sanders Morris Harris LLC owned 8.59% of MultiSensor AI at the end of the most recent reporting period. Institutional investors own 82.32% of the company’s stock.

About MultiSensor AI

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.