With 1.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.37 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $28.04 whereas the lowest price it dropped to was $27.08. The 52-week range on BBIO shows that it touched its highest point at $44.32 and its lowest point at $21.62 during that stretch. It currently has a 1-year price target of $49.53. Beta for the stock currently stands at 1.08.
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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 BBIO was up-trending over the past week, with a rise of 16.57%, but this was up by 13.87% over a month. Three-month performance dropped to -2.73% while six-month performance fell -3.28%. The stock lost -4.85% in the past year, while it has lost -32.90% so far this year. A look at the trailing 12-month EPS for BBIO yields -2.41 with Next year EPS estimates of -3.57. For the next quarter, that number is -1.13. This implies an EPS growth rate of 34.89% for this year and -38.83% for next year. EPS is expected to grow by 26.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.29%.
Float and Shares Shorts:
At present, 175.08 million BBIO shares are outstanding with a float of 147.54 million shares on hand for trading. On 2024-11-15, short shares totaled 17.19 million, which was 909.0000400000001 higher than short shares on 1728950400. In addition to Dr. Neil Kumar Ph.D. as the firm’s Co-Founder, CEO & Director, Dr. Charles J. Homcy M.D. serves as its Co-Founder, Chairman of Pharmaceuticals & Independent Lead Director.
Institutional Ownership:
Through their ownership of 0.94451 of BBIO’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, BBIO reported revenue of $2732000.0 and operating income of -$187129000.0. The EBITDA in the recently reported quarter was -$188858000.0 and diluted EPS was -$0.86.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BBIO since 9 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 BBIO analysts setting a high price target of 70.0 and a low target of 36.4, the average target price over the next 12 months is 48.525. Based on these targets, BBIO could surge 158.4% to reach the target high and rise by 34.37% to reach the target low. Reaching the average price target will result in a growth of 79.13% from current levels.
Analysts have provided yearly estimates in a range of -$2.35175 being high and -$2.74204 being low. For BBIO, this leads to a yearly average estimate of -$2.57191. The surprise factor in the prior quarter was -$0.94. Based on analyst estimates, the high estimate for the next quarter is -$0.68 and the low estimate is -$0.68. The average estimate for the next quarter is thus -$0.68.
