Mobile Infrastructure (NASDAQ:BEEP) Now Covered by Barrington Research

Barrington Research started coverage on shares of Mobile Infrastructure (NASDAQ:BEEP) in a report released on Monday, Marketbeat.com reports. The firm issued an outperform rating and a $6.50 price objective on the stock. Barrington Research also issued estimates for Mobile Infrastructure’s Q2 2025 earnings at ($0.11) EPS, Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.33) EPS and FY2026 earnings at ($0.27) EPS.

A number of other research analysts have also weighed in on the stock. B. Riley began coverage on shares of Mobile Infrastructure in a research note on Thursday, January 23rd. They issued a “buy” rating and a $5.00 price target on the stock. Piper Sandler assumed coverage on shares of Mobile Infrastructure in a research report on Thursday, January 23rd. They set an “overweight” rating and a $5.00 price objective for the company. Finally, Maxim Group initiated coverage on shares of Mobile Infrastructure in a research report on Friday, February 21st. They issued a “buy” rating and a $7.00 price objective on the stock.

Mobile Infrastructure Stock Performance

BEEP stock opened at $3.97 on Monday. Mobile Infrastructure has a 1-year low of $2.48 and a 1-year high of $4.86. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.09. The firm has a market cap of $168.33 million, a PE ratio of -4.41 and a beta of 0.50. The business’s 50-day moving average price is $4.06 and its two-hundred day moving average price is $3.84.

Mobile Infrastructure (NASDAQ:BEEP) last released its quarterly earnings data on Monday, March 10th. The company reported ($0.03) earnings per share for the quarter. Mobile Infrastructure had a negative net margin of 24.59% and a negative return on equity of 4.36%. During the same period in the prior year, the firm posted ($0.34) EPS. As a group, research analysts forecast that Mobile Infrastructure will post -0.3 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of BEEP. Centaurus Financial Inc. raised its position in Mobile Infrastructure by 5.3% in the 4th quarter. Centaurus Financial Inc. now owns 57,759 shares of the company’s stock valued at $260,000 after buying an additional 2,894 shares during the last quarter. MAI Capital Management grew its stake in shares of Mobile Infrastructure by 99.3% during the 1st quarter. MAI Capital Management now owns 6,253 shares of the company’s stock worth $26,000 after acquiring an additional 3,116 shares in the last quarter. Barclays PLC bought a new position in shares of Mobile Infrastructure during the 4th quarter worth approximately $31,000. Concorde Asset Management LLC raised its holdings in shares of Mobile Infrastructure by 12.9% in the fourth quarter. Concorde Asset Management LLC now owns 64,518 shares of the company’s stock valued at $290,000 after purchasing an additional 7,354 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Mobile Infrastructure by 85.1% in the first quarter. Jane Street Group LLC now owns 33,689 shares of the company’s stock worth $140,000 after purchasing an additional 15,484 shares in the last quarter. 84.30% of the stock is currently owned by institutional investors.

About Mobile Infrastructure

Mobile Infrastructure Corporation is a Maryland corporation. The Company owns a diversified portfolio of parking assets primarily located in the Midwest and Southwest. As of December 31, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,700 parking spaces and approximately 5.4 million square feet.