Analyzing FibroGen Inc (FGEN)’s quick and current ratios

FibroGen Inc (NASDAQ: FGEN) closed the day trading at $2.35 up 8.29% from the previous closing price of $2.17. In other words, the price has increased by $+0.1800 from its previous closing price. On the day, 1267826 shares were traded. FGEN stock price reached its highest trading level at $2.3950 during the session, while it also had its lowest trading level at $2.1500.

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Ratios:

For a better understanding of FGEN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.52.

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 August 08, 2023, Downgraded its rating to Underperform and sets its target price to $2 from $4 previously.

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 07 ’24 when Wettig Thane bought 50,000 shares for $1.91 per share. The transaction valued at 95,470 led to the insider holds 470,178 shares of the business.

Henderson Jeffrey William sold 2,000 shares of FGEN for $2,060 on Sep 01 ’23. The Director now owns 28,866 shares after completing the transaction at $1.03 per share. On Aug 04 ’23, another insider, Henderson Jeffrey William, who serves as the Director of the company, sold 2,000 shares for $1.91 each. As a result, the insider received 3,820 and left with 30,866 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, FGEN now has a Market Capitalization of 215.32M and an Enterprise Value of 132.28M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57. Its current Enterprise Value per Revenue stands at 0.90 whereas that against EBITDA is -0.51.

Stock Price History:

Over the past 52 weeks, FGEN has reached a high of $20.90, while it has fallen to a 52-week low of $0.33. The 50-Day Moving Average of the stock is 1.6602, while the 200-Day Moving Average is calculated to be 2.5583.

Shares Statistics:

Over the past 3-months, FGEN traded about 2.70M shares per day on average, while over the past 10 days, FGEN traded about 1.54M shares per day. A total of 98.77M shares are outstanding, with a floating share count of 91.83M. Insiders hold about 7.02% of the company’s shares, while institutions hold 71.22% stake in the company. Shares short for FGEN as of Feb 29, 2024 were 6.52M with a Short Ratio of 2.41, compared to 13.5M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.60% and a Short% of Float of 8.68%.

Earnings Estimates

Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.41 for the current quarter, with a high estimate of -$0.31 and a low estimate of -$0.52, while EPS last year was -$0.81. The consensus estimate for the next quarter is -$0.4, with high estimates of -$0.3 and low estimates of -$0.5.

Analysts are recommending an EPS of between -$1.03 and -$1.7 for the fiscal current year, implying an average EPS of -$1.29. EPS for the following year is -$0.43, with 3 analysts recommending between $0.69 and -$1.17.

Revenue Estimates

2 analysts predict $36.45M in revenue for the current quarter. It ranges from a high estimate of $41M to a low estimate of $31.89M. As of the current estimate, FibroGen Inc’s year-ago sales were $31.84M, an estimated increase of 14.50% from the year-ago figure.

A total of 3 analysts have provided revenue estimates for FGEN’s current fiscal year. The highest revenue estimate was $172M, while the lowest revenue estimate was $144.92M, resulting in an average revenue estimate of $158.36M. In the same quarter a year ago, actual revenue was $147.75M, up 7.20% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $169.44M in the next fiscal year. The high estimate is $196M and the low estimate is $147.03M. The average revenue growth estimate for next year is up 7.00% from the average revenue estimate for this year.

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