With 1.32 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.03 million shares. The 52-week range on NKTR shows that it touched its highest point at $1.93 and its lowest point at $0.65 during that stretch. It currently has a 1-year price target of $4.13. Beta for the stock currently stands at 0.61.
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 NKTR was down-trending over the past week, with a drop of -2.92%, but this was up by 21.18% over a month. Three-month performance dropped to -19.69% while six-month performance fell -26.86%. The stock lost -14.27% in the past year, while it has lost -11.91% so far this year. A look at the trailing 12-month EPS for NKTR yields -0.84 with Next year EPS estimates of -0.77. For the next quarter, that number is -0.14. This implies an EPS growth rate of 50.57% for this year and -6.91% for next year.
Float and Shares Shorts:
At present, 184.46 million NKTR shares are outstanding with a float of 177.79 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 NKTR 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.
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 -$0.4579 being high and -$0.82621 being low. For NKTR, this leads to a yearly average estimate of -$0.71671. Based on analyst estimates, the high estimate for the next quarter is -$0.2 and the low estimate is -$0.22. The average estimate for the next quarter is thus -$0.21.
