Prepare Yourself for Liftoff: Syndax Pharmaceuticals Inc (SNDX)

With 4.01 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.37 million shares. The 52-week range on SNDX shows that it touched its highest point at $25.34 and its lowest point at $12.06 during that stretch. It currently has a 1-year price target of $36.86. Beta for the stock currently stands at 0.94.

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 SNDX was up-trending over the past week, with a rise of 8.62%, but this was up by 17.00% over a month. Three-month performance surged to 1.68% while six-month performance fell -19.86%. The stock lost -28.38% in the past year, while it has gained 23.90% so far this year. A look at the trailing 12-month EPS for SNDX yields -3.63 with Next year EPS estimates of -3.95. For the next quarter, that number is -0.85. This implies an EPS growth rate of -17.11% for this year and -13.07% for next year. EPS is expected to grow by 2.85% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.41%.

Float and Shares Shorts:

At present, 85.57 million SNDX shares are outstanding with a float of 83.50 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SNDX since 4 analysts follow the stock currently. There are 4 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.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.84259 being high and -$3.66816 being low. For SNDX, this leads to a yearly average estimate of -$3.48991.