Agenus Inc (NASDAQ: AGEN) closed the day trading at $0.54 down -9.95% from the previous closing price of $0.60. In other words, the price has decreased by -$0.0597 from its previous closing price. On the day, 11499847 shares were traded.
Ratios:
For a better understanding of AGEN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.44.
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, Robert W. Baird on June 06, 2023, initiated with a Outperform rating and assigned the stock a target price of $8.
On June 06, 2023, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $80.
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 Feb 15 ’24 when ARMEN GARO H bought 500,000 shares for $0.65 per share. The transaction valued at 324,050 led to the insider holds 625,969 shares of the business.
WIINBERG ULF bought 25,000 shares of AGEN for $19,000 on Nov 15 ’23. The Director now owns 124,063 shares after completing the transaction at $0.76 per share. On Oct 16 ’23, another insider, AGENUS INC, who serves as the 10% Owner of the company, bought 429 shares for $1.10 each. As a result, the insider paid 472 and bolstered with 21,772,863 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, AGEN now has a Market Capitalization of 226.26M and an Enterprise Value of 228.16M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45. Its current Enterprise Value per Revenue stands at 1.46 whereas that against EBITDA is -1.56.
Stock Price History:
Over the past 52 weeks, AGEN has reached a high of $2.13, while it has fallen to a 52-week low of $0.53. The 50-Day Moving Average of the stock is 0.6782, while the 200-Day Moving Average is calculated to be 1.0804.
Shares Statistics:
Over the past 3-months, AGEN traded about 11.12M shares per day on average, while over the past 10 days, AGEN traded about 7.46M shares per day. A total of 418.92M shares are outstanding, with a floating share count of 396.20M. Insiders hold about 5.40% of the company’s shares, while institutions hold 54.83% stake in the company. Shares short for AGEN as of Feb 29, 2024 were 45.19M with a Short Ratio of 4.06, compared to 43.85M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.32% and a Short% of Float of 11.41%.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.15 and a low estimate of -$0.15, while EPS last year was -$0.22. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.18 and -$0.62 for the fiscal current year, implying an average EPS of -$0.37. EPS for the following year is -$0.64, with 3 analysts recommending between -$0.58 and -$0.73.
Revenue Estimates
2 analysts predict $41.05M in revenue for the current quarter. It ranges from a high estimate of $48.1M to a low estimate of $34M. As of the current estimate, Agenus Inc’s year-ago sales were $22.9M, an estimated increase of 79.20% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $91.2M, an increase of 278.10% over than the figure of $79.20% in the same quarter last year. There is a high estimate of $148.4M for the next quarter, whereas the lowest estimate is $34M.
A total of 5 analysts have provided revenue estimates for AGEN’s current fiscal year. The highest revenue estimate was $294.1M, while the lowest revenue estimate was $124.22M, resulting in an average revenue estimate of $180.14M. In the same quarter a year ago, actual revenue was $156.31M, up 15.20% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $162.04M in the next fiscal year. The high estimate is $248.8M and the low estimate is $115.6M. The average revenue growth estimate for next year is down -10.00% from the average revenue estimate for this year.
