This company combines impressive quality with a generous valuation: CureVac N.V. (CVAC)

As of close of business last night, CureVac N.V.’s stock clocked out at $10.46, up 1.06% from its previous closing price of $10.35. In other words, the price has increased by $+0.11 from its previous closing price. On the day, 1644579 shares were traded. CVAC stock price reached its highest trading level at $10.74 during the session, while it also had its lowest trading level at $10.22.

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Ratios:

To gain a deeper understanding of CVAC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 3.60. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on January 19, 2023, Upgraded its rating to Buy and sets its target price to $18 from $8 previously.

On January 09, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $9 to $21.

BofA Securities Downgraded its Neutral to Underperform on January 21, 2022, whereas the target price for the stock was revised from $55 to $20.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 18.76 while its Price-to-Book (P/B) ratio in mrq is 2.93.

Stock Price History:

Over the past 52 weeks, CVAC has reached a high of $23.32, while it has fallen to a 52-week low of $5.63. The 50-Day Moving Average of the stock is 7.86, while the 200-Day Moving Average is calculated to be 11.61.

Shares Statistics:

It appears that CVAC traded 854.97K shares on average per day over the past three months and 3.1M shares per day over the past ten days. A total of 189.56M shares are outstanding, with a floating share count of 88.88M. Insiders hold about 53.29% of the company’s shares, while institutions hold 19.90% stake in the company. Shares short for CVAC as of Oct 13, 2022 were 2.69M with a Short Ratio of 2.45M, compared to 3.46M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.44% and a Short% of Float of 3.72%.

Earnings Estimates

As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.27 for the current quarter, with a high estimate of -$0.22 and a low estimate of -$0.31, while EPS last year was -$0.29. The consensus estimate for the next quarter is -$0.29, with high estimates of -$0.25 and low estimates of -$0.32.

Analysts are recommending an EPS of between -$0.87 and -$1.19 for the fiscal current year, implying an average EPS of -$1.02. EPS for the following year is -$1.04, with 7 analysts recommending between -$0.44 and -$1.45.

Revenue Estimates

In the current quarter, 3 analysts expect revenue to total $20.52M. It ranges from a high estimate of $25.23M to a low estimate of $17.16M. As of the current estimate, CureVac N.V.’s year-ago sales were $33.43M, an estimated decrease of -38.60% from the year-ago figure.