With 1.97 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.98 million shares. The 52-week range on BHVN shows that it touched its highest point at $62.21 and its lowest point at $26.80 during that stretch. It currently has a 1-year price target of $62.14. Beta for the stock currently stands at 3.99.
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 BHVN was down-trending over the past week, with a drop of -13.89%, but this was down by -17.99% over a month. Three-month performance dropped to -32.36% while six-month performance fell -21.20%. The stock lost -34.84% in the past year, while it has lost -16.01% so far this year. A look at the trailing 12-month EPS for BHVN yields -9.39 with Next year EPS estimates of -5.91. For the next quarter, that number is -1.74. This implies an EPS growth rate of 25.10% for this year and 15.01% for next year. EPS is expected to grow by 22.75% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -49.78%.
Float and Shares Shorts:
At present, 101.22 million BHVN shares are outstanding with a float of 88.36 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 BHVN since 7 analysts follow the stock currently. There are 7 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 -$7.95196 being high and -$9.75014 being low. For BHVN, this leads to a yearly average estimate of -$8.89101. Based on analyst estimates, the high estimate for the next quarter is -$1.61 and the low estimate is -$2.32. The average estimate for the next quarter is thus -$1.87.
Summary of Insider Activity:
Insiders traded BHVN stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
