With 1.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.72 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $1.03 whereas the lowest price it dropped to was $0.996. The 52-week range on NKTR shows that it touched its highest point at $1.93 and its lowest point at $0.46 during that stretch. It currently has a 1-year price target of $4.16. Beta for the stock currently stands at 0.57.
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Price Performance and Earnings:
Three-month performance dropped to -19.05% while six-month performance fell -10.53%. The stock gained 117.72% in the past year, while it has gained 80.53% so far this year. A look at the trailing 12-month EPS for NKTR yields -0.84 with Next year EPS estimates of -0.74. For the next quarter, that number is -0.13. This implies an EPS growth rate of 51.45% for this year and -5.38% for next year.
Float and Shares Shorts:
At present, 184.46 million NKTR shares are outstanding with a float of 178.22 million shares on hand for trading. On 2024-11-29, short shares totaled 4.44 million, which was 241.0 higher than short shares on 1730332800. In addition to Mr. Howard W. Robin as the firm’s CEO, President & Director, Ms. Sandra A. Gardiner serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.76622003 of NKTR’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, NKTR reported revenue of $24124000.0 and operating income of -$34299000.0. The EBITDA in the recently reported quarter was -$29989000.0 and diluted EPS was -$0.18.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NKTR since 3 analysts follow the stock currently. There are 2 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 NKTR analysts setting a high price target of 7.0 and a low target of 1.3, the average target price over the next 12 months is 4.7. Based on these targets, NKTR could surge 586.27% to reach the target high and rise by 27.45% to reach the target low. Reaching the average price target will result in a growth of 360.78% from current levels.
Analysts have provided yearly estimates in a range of -$0.45613 being high and -$0.79327 being low. For NKTR, this leads to a yearly average estimate of -$0.70403. Based on analyst estimates, the high estimate for the next quarter is -$0.22 and the low estimate is -$0.22. The average estimate for the next quarter is thus -$0.22.
