With 1.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $9.55 whereas the lowest price it dropped to was $7.3449. The 52-week range on BLUE shows that it touched its highest point at $64.00 and its lowest point at $5.80 during that stretch. It currently has a 1-year price target of $37.71. Beta for the stock currently stands at 0.72.
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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 BLUE was up-trending over the past week, with a rise of 7.32%, but this was up by 39.81% over a month. Three-month performance dropped to -9.39% while six-month performance fell -50.75%. The stock lost -86.28% in the past year, while it has lost -67.50% so far this year. A look at the trailing 12-month EPS for BLUE yields -35.97 with Next year EPS estimates of -10.82. For the next quarter, that number is -5.97. This implies an EPS growth rate of 23.06% for this year and 60.07% for next year. EPS is expected to grow by 45.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.98%.
Float and Shares Shorts:
At present, 9.72 million BLUE shares are outstanding with a float of 9.72 million shares on hand for trading. On 2024-10-31, short shares totaled 47.71 million, which was 2460.0 higher than short shares on 1727654400. In addition to Mr. Andrew Obenshain as the firm’s President, CEO & Director, Mr. Thomas J. Klima serves as its Chief Commercial Officer & COO.
Institutional Ownership:
Through their ownership of 0.43686 of BLUE’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 2024-06-30, BLUE reported revenue of $10612000.0 and operating income of -$64108000.0. The EBITDA in the recently reported quarter was -$36933000.0 and diluted EPS was -$0.31.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLUE since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 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 BLUE analysts setting a high price target of 80.0 and a low target of 10.0, the average target price over the next 12 months is 37.71429. Based on these targets, BLUE could surge 791.86% to reach the target high and rise by 11.48% to reach the target low. Reaching the average price target will result in a growth of 320.45% from current levels.
Analysts have provided yearly estimates in a range of -$25.44263 being high and -$30.69937 being low. For BLUE, this leads to a yearly average estimate of -$28.3864. Based on analyst estimates, the high estimate for the next quarter is -$1.6 and the low estimate is -$5.6. The average estimate for the next quarter is thus -$3.21.
