Analysts provide stock recommendations for Sana Biotechnology Inc (SANA)

Sana Biotechnology Inc (NASDAQ: SANA) closed the day trading at $8.96 down -4.27% from the previous closing price of $9.36. On the day, 1469457 shares were traded.

Ratios:

For a better understanding of SANA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.31 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.32.

On September 25, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $9.

On September 05, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $8.Citigroup initiated its Buy rating on September 05, 2023, with a $8 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 08 ’24 when Yang Patrick Y sold 25,000 shares for $9.45 per share. The transaction valued at 236,300 led to the insider holds 149,250 shares of the business.

NELSEN ROBERT bought 1,818,181 shares of SANA for $9,999,996 on Feb 08 ’24. The Director now owns 12,446,022 shares after completing the transaction at $5.50 per share. On Feb 08 ’24, another insider, ARCH Venture Fund X, L.P., who serves as the 10% Owner of the company, bought 1,818,181 shares for $5.50 each. As a result, the insider paid 9,999,996 and bolstered with 12,446,022 shares of the company.

Stock Price History:

Over the past 52 weeks, SANA has reached a high of $12.00, while it has fallen to a 52-week low of $2.74.

Shares Statistics:

A total of 197.86M shares are outstanding, with a floating share count of 122.54M. Insiders hold about 44.41% of the company’s shares, while institutions hold 40.59% stake in the company.

Earnings Estimates

Current recommendations for the stock of the company come from Cassava Sciences, Inc. analysts. The consensus estimate for the next quarter is $289.58, with high estimates of $4.65 and low estimates of $5.36.

Analysts are recommending an EPS of between $Financial Services and $Basic Materials for the fiscal current year, implying an average EPS of $Industrials.

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