For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $2.83 in the prior trading day, Agenus Inc (NASDAQ: AGEN) closed at $2.95, up 4.42%. In other words, the price has increased by $4.42 from its previous closing price. On the day, 0.6 million shares were traded. AGEN stock price reached its highest trading level at $3.025 during the session, while it also had its lowest trading level at $2.7311.
Ratios:
Our goal is to gain a better understanding of AGEN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.19.
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, Robert W. Baird on July 19, 2024, Downgraded its rating to Neutral and sets its target price to $8 from $35 previously.
H.C. Wainwright Downgraded its Buy to Neutral on July 18, 2024, while the target price for the stock was maintained at $9.
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.
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 69773160 and an Enterprise Value of 126097136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43. Its current Enterprise Value per Revenue stands at 0.786 whereas that against EBITDA is -1.475.
Stock Price History:
Over the past 52 weeks, AGEN has reached a high of $19.69, while it has fallen to a 52-week low of $2.50. The 50-Day Moving Average of the stock is -21.46%, while the 200-Day Moving Average is calculated to be -64.60%.
Shares Statistics:
The stock has traded on average 488.83K shares per day over the past 3-months and 450720 shares per day over the last 10 days, according to various share statistics. A total of 23.46M shares are outstanding, with a floating share count of 22.37M. Insiders hold about 4.63% of the company’s shares, while institutions hold 33.66% stake in the company. Shares short for AGEN as of 1732838400 were 2753758 with a Short Ratio of 5.63, compared to 1730332800 on 2800492. Therefore, it implies a Short% of Shares Outstanding of 2753758 and a Short% of Float of 11.75.
Earnings Estimates
The dynamic stock of Agenus Inc (AGEN) is currently being evaluated by a team of 5.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$2.44, with high estimates of -$2.13 and low estimates of -$2.9.
Analysts are recommending an EPS of between -$10.42 and -$15.25 for the fiscal current year, implying an average EPS of -$12.17. EPS for the following year is -$8.91, with 5.0 analysts recommending between -$5.83 and -$12.57.
Revenue Estimates
5 analysts predict $31.81M in revenue for the current quarter. It ranges from a high estimate of $48.5M to a low estimate of $24.1M. As of the current estimate, Agenus Inc’s year-ago sales were $83.8MFor the next quarter, 5 analysts are estimating revenue of $16.95M. There is a high estimate of $25.1M for the next quarter, whereas the lowest estimate is $8.8M.
A total of 5 analysts have provided revenue estimates for AGEN’s current fiscal year. The highest revenue estimate was $123.7M, while the lowest revenue estimate was $100.7M, resulting in an average revenue estimate of $108.14M. In the same quarter a year ago, actual revenue was $156.31MBased on 5 analysts’ estimates, the company’s revenue will be $147.21M in the next fiscal year. The high estimate is $240M and the low estimate is $100M.
