Stocks of Taysha Gene Therapies Inc (TSHA) are poised to climb above their peers

With 7.29 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.79 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $2.32 whereas the lowest price it dropped to was $1.94. The 52-week range on TSHA shows that it touched its highest point at $4.32 and its lowest point at $1.19 during that stretch. It currently has a 1-year price target of $6.59. Beta for the stock currently stands at 0.50.

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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 TSHA was up-trending over the past week, with a rise of 37.33%, but this was up by 1.48% over a month. Three-month performance dropped to -8.04% while six-month performance fell -33.33%. The stock gained 22.62% in the past year, while it has gained 16.38% so far this year. A look at the trailing 12-month EPS for TSHA yields -0.03 with Next year EPS estimates of -0.37. For the next quarter, that number is -0.08. This implies an EPS growth rate of 61.46% for this year and -1.13% for next year.

Float and Shares Shorts:

At present, 186.96 million TSHA shares are outstanding with a float of 153.61 million shares on hand for trading. On 2024-10-31, short shares totaled 17.64 million, which was 861.0 higher than short shares on 1727654400. In addition to Mr. Sean P. Nolan as the firm’s CEO & Chairman, Dr. Sukumar Nagendran M.D. serves as its President, Head of Research & Development and Director.

Institutional Ownership:

Through their ownership of 0.77484 of TSHA’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, TSHA reported revenue of $1112000.0 and operating income of -$21299000.0. The EBITDA in the recently reported quarter was -$20774000.0 and diluted EPS was -$0.09.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TSHA since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 TSHA analysts setting a high price target of 8.0 and a low target of 5.0, the average target price over the next 12 months is 6.59091. Based on these targets, TSHA could surge 288.35% to reach the target high and rise by 142.72% to reach the target low. Reaching the average price target will result in a growth of 219.95% from current levels.

Analysts have provided yearly estimates in a range of -$0.33735 being high and -$0.40265 being low. For TSHA, this leads to a yearly average estimate of -$0.37.