Taking on analysts’ expectations and winning: Janux Therapeutics Inc (JANX)

With 0.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.97 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $53.71 whereas the lowest price it dropped to was $52.14. The 52-week range on JANX shows that it touched its highest point at $71.71 and its lowest point at $7.79 during that stretch. It currently has a 1-year price target of $89.00. Beta for the stock currently stands at 3.26.

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 JANX was down-trending over the past week, with a drop of -7.62%, but this was up by 13.17% over a month. Three-month performance surged to 15.56% while six-month performance rose 25.84%. The stock gained 348.72% in the past year, while it has gained 389.28% so far this year. A look at the trailing 12-month EPS for JANX yields -1.18 with Next year EPS estimates of -1.94. For the next quarter, that number is -0.44. This implies an EPS growth rate of -7.68% for this year and -36.19% for next year.

Float and Shares Shorts:

At present, 52.34 million JANX shares are outstanding with a float of 46.99 million shares on hand for trading. On 2024-12-13, short shares totaled 6.41 million, which was 1094.0 higher than short shares on 1731628800. In addition to Dr. David Alan Campbell Ph.D. as the firm’s President, CEO & Director, Mr. Charles M. Winter serves as its Chief Technical Officer.

Institutional Ownership:

Through their ownership of 0.86503 of JANX’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, JANX reported revenue of $439000.0 and operating income of -$35842000.0. The EBITDA in the recently reported quarter was -$35332000.0 and diluted EPS was -$0.51.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JANX 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 JANX analysts setting a high price target of 200.0 and a low target of 25.0, the average target price over the next 12 months is 92.33333. Based on these targets, JANX could surge 280.95% to reach the target high and fall by -52.38% to reach the target low. Reaching the average price target will result in a growth of 75.87% from current levels.

Analysts have provided yearly estimates in a range of -$1.33386 being high and -$1.46933 being low. For JANX, this leads to a yearly average estimate of -$1.40681. Based on analyst estimates, the high estimate for the next quarter is -$0.33 and the low estimate is -$0.73. The average estimate for the next quarter is thus -$0.47.