In the latest session, AbCellera Biologics Inc (NASDAQ: ABCL) closed at $3.98 down -1.49% from its previous closing price of $4.04. In other words, the price has decreased by $-0.0600 from its previous closing price. On the day, 826703 shares were traded. ABCL stock price reached its highest trading level at $4.0300 during the session, while it also had its lowest trading level at $3.9300.
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Ratios:
For a deeper understanding of AbCellera Biologics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.33 and its Current Ratio is at 8.34. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
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 May 26 when Thermopylae Holdings Ltd. bought 153,000 shares for $6.52 per share. The transaction valued at 997,728 led to the insider holds 56,012,493 shares of the business.
Booth Andrew bought 14,500 shares of ABCL for $99,325 on May 26. The Chief Financial Officer now owns 153,000 shares after completing the transaction at $6.85 per share. On Dec 16, another insider, Thermopylae Holdings Ltd., who serves as the 10% Owner of the company, bought 85,102 shares for $10.10 each. As a result, the insider paid 859,249 and bolstered with 55,859,493 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABCL now has a Market Capitalization of 1.15B and an Enterprise Value of 449.79M. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.92 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 8.93 whereas that against EBITDA is -3.14.
Stock Price History:
Over the past 52 weeks, ABCL has reached a high of $14.97, while it has fallen to a 52-week low of $3.87. The 50-Day Moving Average of the stock is 4.6237, while the 200-Day Moving Average is calculated to be 6.6411.
Shares Statistics:
For the past three months, ABCL has traded an average of 1.62M shares per day and 1.56M over the past ten days. A total of 286.85M shares are outstanding, with a floating share count of 198.02M. Insiders hold about 31.76% of the company’s shares, while institutions hold 39.90% stake in the company. Shares short for ABCL as of Oct 30, 2023 were 27.81M with a Short Ratio of 27.81M, compared to 25.72M on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 9.58% and a Short% of Float of 13.34%.
Earnings Estimates
There are 8 different market analysts currently analyzing its stock. On average, analysts expect EPS of $-0.13 for the current quarter, with a high estimate of $-0.11 and a low estimate of $-0.2, while EPS last year was $-0.1. The consensus estimate for the next quarter is $-0.12, with high estimates of $-0.1 and low estimates of $-0.15.
Analysts are recommending an EPS of between $-0.43 and $-0.54 for the fiscal current year, implying an average EPS of $-0.47. EPS for the following year is $-0.63, with 7 analysts recommending between $-0.44 and $-0.86.
Revenue Estimates
A total of 8 analysts believe the company’s revenue will be $9M this quarter.It ranges from a high estimate of $11.5M to a low estimate of $5.01M. As of the current estimate, AbCellera Biologics Inc’s year-ago sales were $21.55M, an estimated decrease of -58.20% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $13.8M, an increase of 13.20% over than the figure of $-58.20% in the same quarter last year. There is a high estimate of $18.07M for the next quarter, whereas the lowest estimate is $11.3M.
A total of 8 analysts have provided revenue estimates for ABCL’s current fiscal year. The highest revenue estimate was $45.2M, while the lowest revenue estimate was $33.86M, resulting in an average revenue estimate of $38.35M. In the same quarter a year ago, actual revenue was $485.42M, down -92.10% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $58.27M in the next fiscal year. The high estimate is $75.7M and the low estimate is $44.8M. The average revenue growth estimate for next year is up 51.90% from the average revenue estimate for this year.
