Wall Street analysts’ outlook for Arrowhead Pharmaceuticals Inc (ARWR)

With 1.04 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.43 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $20.54 whereas the lowest price it dropped to was $19.555. The 52-week range on ARWR shows that it touched its highest point at $39.83 and its lowest point at $17.05 during that stretch. It currently has a 1-year price target of $43.42. Beta for the stock currently stands at 0.95.

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 ARWR was up-trending over the past week, with a rise of 1.33%, but this was down by -24.09% over a month. Three-month performance surged to 4.99% while six-month performance fell -22.60%. The stock lost -38.10% in the past year, while it has gained 5.27% so far this year. A look at the trailing 12-month EPS for ARWR yields -5.00 with Next year EPS estimates of -3.34. For the next quarter, that number is -0.41. This implies an EPS growth rate of 49.95% for this year and -33.42% for next year.

Float and Shares Shorts:

At present, 124.38 million ARWR shares are outstanding with a float of 116.02 million shares on hand for trading. On 2024-11-15, short shares totaled 9.45 million, which was 760.0 higher than short shares on 1728950400. In addition to Dr. Christopher R. Anzalone Ph.D. as the firm’s CEO, President & Director, Mr. Kenneth A. Myszkowski CPA, CPA, MBA serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.79707 of ARWR’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, ARWR reported revenue of $0.0 and operating income of -$162203000.0. The EBITDA in the recently reported quarter was -$153126000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARWR since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 ARWR analysts setting a high price target of 80.0 and a low target of 24.0, the average target price over the next 12 months is 47.5. Based on these targets, ARWR could surge 304.24% to reach the target high and rise by 21.27% to reach the target low. Reaching the average price target will result in a growth of 140.02% from current levels.

Analysts have provided yearly estimates in a range of -$3.31327 being high and -$5.58024 being low. For ARWR, this leads to a yearly average estimate of -$4.69743.