The time has not yet come to remove your chips from the table: Zentalis Pharmaceuticals Inc (ZNTL)

With 1.29 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.94 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $3.8 whereas the lowest price it dropped to was $3.46. The 52-week range on ZNTL shows that it touched its highest point at $18.24 and its lowest point at $2.66 during that stretch. It currently has a 1-year price target of $11.00. Beta for the stock currently stands at 1.70.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ZNTL was up-trending over the past week, with a rise of 33.10%, but this was up by 21.54% over a month. Three-month performance surged to 15.24% while six-month performance fell -69.29%. The stock lost -78.86% in the past year, while it has lost -75.05% so far this year. A look at the trailing 12-month EPS for ZNTL yields -2.75 with Next year EPS estimates of -3.57. For the next quarter, that number is -0.91. This implies an EPS growth rate of 32.96% for this year and -19.17% for next year.

Float and Shares Shorts:

At present, 70.77 million ZNTL shares are outstanding with a float of 61.39 million shares on hand for trading. On 2024-10-15, short shares totaled 7.66 million, which was 1077.00005 higher than short shares on 1726185600. In addition to Dr. Kimberly Lynn Blackwell M.D. as the firm’s CEO & Director, Mr. Cameron S. Gallagher M.B.A. serves as its Co-Founder, President, Interim CFO, Interim Treasurer & Director.

Institutional Ownership:

Through their ownership of 1.05677 of ZNTL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, ZNTL reported revenue of $0.0 and operating income of -$65148000.0. The EBITDA in the recently reported quarter was -$41958000.0 and diluted EPS was -$1.24.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZNTL since 10 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ZNTL analysts setting a high price target of 20.0 and a low target of 4.0, the average target price over the next 12 months is 9.9. Based on these targets, ZNTL could surge 429.1% to reach the target high and rise by 5.82% to reach the target low. Reaching the average price target will result in a growth of 161.9% from current levels.

Analysts have provided yearly estimates in a range of -$2.80825 being high and -$3.12579 being low. For ZNTL, this leads to a yearly average estimate of -$2.99679.