The name Calyxt Inc. (CLXT) should be kept on your radar

In the latest session, Calyxt Inc. (NASDAQ: CLXT) closed at $0.31 up 15.62% from its previous closing price of $0.26. In other words, the price has increased by $+0.0414 from its previous closing price. On the day, 2251267 shares were traded. CLXT stock price reached its highest trading level at $0.3200 during the session, while it also had its lowest trading level at $0.2576.

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For a deeper understanding of Calyxt Inc.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 this company, ROTH Capital on November 02, 2021, initiated with a Buy rating and assigned the stock a target price of $10.

On December 15, 2020, Berenberg started tracking the stock assigning a Buy rating and target price of $9.

On December 10, 2020, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $10.H.C. Wainwright initiated its Buy rating on December 10, 2020, with a $10 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 19 when Ribeill Yves J sold 30,000 shares for $0.24 per share. The transaction valued at 7,173 led to the insider holds 99,225 shares of the business.

Ribeill Yves J sold 20,000 shares of CLXT for $21,238 on Mar 21. The Director now owns 129,225 shares after completing the transaction at $1.06 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 6.50 while its Price-to-Book (P/B) ratio in mrq is 1.61.

Stock Price History:

Over the past 52 weeks, CLXT has reached a high of $2.03, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 0.1686, while the 200-Day Moving Average is calculated to be 0.2604.

Shares Statistics:

For the past three months, CLXT has traded an average of 1.91M shares per day and 9.94M over the past ten days. A total of 46.78M shares are outstanding, with a floating share count of 24.35M. Insiders hold about 1.10% of the company’s shares, while institutions hold 5.40% stake in the company. Shares short for CLXT as of Oct 13, 2022 were 18.41k with a Short Ratio of 0.01M, compared to 195.42k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.04% and a Short% of Float of 0.08%.

Earnings Estimates

There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.13 and a low estimate of -$0.15, while EPS last year was -$0.24. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.07 and low estimates of -$0.13.

Analysts are recommending an EPS of between -$0.37 and -$0.46 for the fiscal current year, implying an average EPS of -$0.42. EPS for the following year is -$0.93, with 4 analysts recommending between -$0.07 and -$2.68.

Revenue Estimates

A total of 3 analysts have provided revenue estimates for CLXT’s current fiscal year. The highest revenue estimate was $2.73M, while the lowest revenue estimate was $1.18M, resulting in an average revenue estimate of $1.8M. In the same quarter a year ago, actual revenue was $25.99M, down -93.10% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $14.42M in the next fiscal year. The high estimate is $27M and the low estimate is $4.8M. The average revenue growth estimate for next year is up 701.10% from the average revenue estimate for this year.