The closing price of Geron Corp. (NASDAQ: GERN) was $1.95 for the day, down -5.57% from the previous closing price of $2.07. In other words, the price has decreased by -$0.1150 from its previous closing price. On the day, 13395935 shares were traded. GERN stock price reached its highest trading level at $2.3150 during the session, while it also had its lowest trading level at $1.9400.
Ratios:
Our analysis of GERN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.75 and its Current Ratio is at 3.75. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.11.
On March 28, 2023, Goldman started tracking the stock assigning a Neutral rating and target price of $3.
On October 28, 2022, Wedbush started tracking the stock assigning a Outperform rating and target price of $5.Wedbush initiated its Outperform rating on October 28, 2022, with a $5 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 24 when O’Farrell Elizabeth G. bought 6,607 shares for $2.28 per share. The transaction valued at 15,064 led to the insider holds 7,407 shares of the business.
O’Farrell Elizabeth G. bought 6,579 shares of GERN for $15,000 on Aug 24. The Director now owns 26,220 shares after completing the transaction at $2.28 per share. On May 11, another insider, LAWLIS V BRYAN, who serves as the Director of the company, sold 35,000 shares for $3.00 each. As a result, the insider received 105,000 and left with 0 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, GERN now has a Market Capitalization of 1.06B and an Enterprise Value of 801.47M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3309.27 while its Price-to-Book (P/B) ratio in mrq is 3.64. Its current Enterprise Value per Revenue stands at 2.53k whereas that against EBITDA is -4.83.
Stock Price History:
Over the past 52 weeks, GERN has reached a high of $3.73, while it has fallen to a 52-week low of $1.68. The 50-Day Moving Average of the stock is 2.0630, while the 200-Day Moving Average is calculated to be 2.4234.
Shares Statistics:
GERN traded an average of 6.57M shares per day over the past three months and 7.47M shares per day over the past ten days. A total of 543.06M shares are outstanding, with a floating share count of 445.13M. Insiders hold about 18.03% of the company’s shares, while institutions hold 55.41% stake in the company. Shares short for GERN as of Feb 15, 2024 were 43.57M with a Short Ratio of 6.64, compared to 39.79M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.02% and a Short% of Float of 8.06%.
Earnings Estimates
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.12, while EPS last year was -$0.1. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.11 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.33 and -$0.36 for the fiscal current year, implying an average EPS of -$0.34. EPS for the following year is -$0.36, with 6 analysts recommending between -$0.21 and -$0.47.
Revenue Estimates
A total of 5 analysts have provided revenue estimates for GERN’s current fiscal year. The highest revenue estimate was $380k, while the lowest revenue estimate was $210k, resulting in an average revenue estimate of $280k. In the same quarter a year ago, actual revenue was $596k, down -53.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $76.57M in the next fiscal year. The high estimate is $116.87M and the low estimate is $40.27M. The average revenue growth estimate for next year is up 27,246.40% from the average revenue estimate for this year.
