With 4.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.41 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $23.63 whereas the lowest price it dropped to was $21.84. The 52-week range on ADMA shows that it touched its highest point at $23.52 and its lowest point at $3.60 during that stretch. It currently has a 1-year price target of $25.00. Beta for the stock currently stands at 0.73.
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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 ADMA was up-trending over the past week, with a rise of 17.63%, but this was up by 31.12% over a month. Three-month performance surged to 30.17% while six-month performance rose 155.75%. The stock gained 486.95% in the past year, while it has gained 397.35% so far this year. A look at the trailing 12-month EPS for ADMA yields 0.28 with Next year EPS estimates of 0.73. For the next quarter, that number is 0.15. This implies an EPS growth rate of 494.23% for this year and 41.95% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 38.68%.
Float and Shares Shorts:
At present, 236.39 million ADMA shares are outstanding with a float of 228.39 million shares on hand for trading. On 2024-10-15, short shares totaled 16.07 million, which was 690.0 higher than short shares on 1726185600. In addition to Mr. Adam S. Grossman as the firm’s Co-Founder, President, CEO & Director, Dr. Jerrold B. Grossman D.P.S., Ph.D. serves as its Co-Founder & Vice Chairman of the Board.
Institutional Ownership:
Through their ownership of 0.84383005 of ADMA’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 2024-09-30, ADMA reported revenue of $119839000.0 and operating income of $39638000.0. The EBITDA in the recently reported quarter was $42188000.0 and diluted EPS was $0.15.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ADMA since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 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 ADMA analysts setting a high price target of 26.0 and a low target of 17.23, the average target price over the next 12 months is 23.45. Based on these targets, ADMA could surge 15.66% to reach the target high and fall by -23.35% to reach the target low. Reaching the average price target will result in a growth of 4.31% from current levels.
Analysts have provided yearly estimates in a range of $0.5527 being high and $0.4924 being low. For ADMA, this leads to a yearly average estimate of $0.5125. The surprise factor in the prior quarter was $0.08. Based on analyst estimates, the high estimate for the next quarter is $0.2 and the low estimate is $0.15. The average estimate for the next quarter is thus $0.17.