With 1.39 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.56 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $4.17 whereas the lowest price it dropped to was $3.98. The 52-week range on RVNC shows that it touched its highest point at $9.74 and its lowest point at $2.30 during that stretch. It currently has a 1-year price target of $9.23. Beta for the stock currently stands at 0.90.
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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 RVNC was up-trending over the past week, with a rise of 15.65%, but this was down by -24.57% over a month. Three-month performance dropped to -39.55% while six-month performance rose 26.27%. The stock lost -42.34% in the past year, while it has lost -54.61% so far this year. A look at the trailing 12-month EPS for RVNC yields -1.92 with Next year EPS estimates of -0.58. For the next quarter, that number is -0.19. This implies an EPS growth rate of 45.18% for this year and 46.33% for next year. EPS is expected to grow by 11.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.57%.
Float and Shares Shorts:
At present, 104.90 million RVNC shares are outstanding with a float of 95.70 million shares on hand for trading. On 2024-10-31, short shares totaled 10.0 million, which was 953.9999999999999 higher than short shares on 1727654400. In addition to Mr. Mark J. Foley as the firm’s CEO & Director, Mr. Tobin C. Schilke serves as its CFO & Principal Accounting Officer.
Institutional Ownership:
Through their ownership of 0.81766 of RVNC’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, RVNC reported revenue of $59879000.0 and operating income of -$32256000.0. The EBITDA in the recently reported quarter was -$28631000.0 and diluted EPS was -$0.37.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RVNC 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 RVNC analysts setting a high price target of 25.0 and a low target of 6.0, the average target price over the next 12 months is 9.22571. Based on these targets, RVNC could surge 526.57% to reach the target high and rise by 50.38% to reach the target low. Reaching the average price target will result in a growth of 131.22% from current levels.
Analysts have provided yearly estimates in a range of -$0.97221 being high and -$1.15769 being low. For RVNC, this leads to a yearly average estimate of -$1.07857.
