In spite of Sangamo Therapeutics Inc.’s (NASDAQ:SGMO) recent upswing, most analysts remain bearish.

In the latest session, Sangamo Therapeutics Inc. (NASDAQ: SGMO) closed at $3.45 up 0.29% from its previous closing price of $3.44. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 1112454 shares were traded. SGMO stock price reached its highest trading level at $3.4700 during the session, while it also had its lowest trading level at $3.3850.

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For a deeper understanding of Sangamo Therapeutics Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.80 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.00 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 the company, BofA Securities on January 06, 2023, Downgraded its rating to Neutral and sets its target price to $5 from $8 previously.

On May 04, 2021, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $22.RBC Capital Mkts initiated its Outperform rating on May 04, 2021, with a $22 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 Aug 30 when BIOGEN INC. sold 100,000 shares for $5.27 per share. The transaction valued at 526,520 led to the insider holds 23,652,466 shares of the business.

BIOGEN INC. sold 400,000 shares of SGMO for $2,130,720 on Aug 29. The 10% Owner now owns 23,752,466 shares after completing the transaction at $5.33 per share. On Jun 03, another insider, Markels John, who serves as the Director of the company, bought 6,784 shares for $3.69 each. As a result, the insider paid 25,029 and bolstered with 32,484 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 4.91 while its Price-to-Book (P/B) ratio in mrq is 1.76.

Stock Price History:

Over the past 52 weeks, SGMO has reached a high of $6.42, while it has fallen to a 52-week low of $2.72. The 50-Day Moving Average of the stock is 3.4356, while the 200-Day Moving Average is calculated to be 4.3528.

Shares Statistics:

For the past three months, SGMO has traded an average of 1.40M shares per day and 1.17M over the past ten days. A total of 158.04M shares are outstanding, with a floating share count of 138.98M. Insiders hold about 0.20% of the company’s shares, while institutions hold 61.50% stake in the company. Shares short for SGMO as of Oct 13, 2022 were 11.98M with a Short Ratio of 12.36M, compared to 9.32M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 7.65% and a Short% of Float of 9.09%.

Earnings Estimates

There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.35 for the current quarter, with a high estimate of -$0.29 and a low estimate of -$0.44, while EPS last year was -$0.33. The consensus estimate for the next quarter is -$0.37, with high estimates of -$0.26 and low estimates of -$0.46.

Analysts are recommending an EPS of between -$1.14 and -$1.48 for the fiscal current year, implying an average EPS of -$1.32. EPS for the following year is -$1.33, with 11 analysts recommending between -$0.58 and -$2.02.

Revenue Estimates

A total of 9 analysts believe the company’s revenue will be $26.59M this quarter.It ranges from a high estimate of $32M to a low estimate of $20M. As of the current estimate, Sangamo Therapeutics Inc.’s year-ago sales were $25.19M, an estimated increase of 5.60% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $26.74M, a decrease of -4.50% less than the figure of $5.60% in the same quarter last year. There is a high estimate of $34M for the next quarter, whereas the lowest estimate is $20M.

A total of 11 analysts have provided revenue estimates for SGMO’s current fiscal year. The highest revenue estimate was $123.6M, while the lowest revenue estimate was $97.6M, resulting in an average revenue estimate of $111.04M. In the same quarter a year ago, actual revenue was $110.7M, up 0.30% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $124.09M in the next fiscal year. The high estimate is $250.5M and the low estimate is $70M. The average revenue growth estimate for next year is up 11.80% from the average revenue estimate for this year.