The price of CRISPR Therapeutics AG (NASDAQ: CRSP) closed at $70.16 in the last session, down -1.14% from day before closing price of $70.97. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 1335108 shares were traded.
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Ratios:
We take a closer look at CRSP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 17.54 and its Current Ratio is at 17.54. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.12.
On December 11, 2023, TD Cowen Downgraded its rating to Underperform which previously was Market Perform but kept the price unchanged to $30.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Kulkarni Samarth sold 20,000 shares for $72.48 per share. The transaction valued at 1,449,628 led to the insider holds 208,122 shares of the business.
Prasad Raju sold 3,524 shares of CRSP for $256,160 on Mar 15 ’24. The Chief Financial Officer now owns 6,476 shares after completing the transaction at $72.69 per share. On Mar 12 ’24, another insider, Kulkarni Samarth, who serves as the Chief Executive Officer of the company, sold 4,583 shares for $74.44 each. As a result, the insider received 341,159 and left with 208,122 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, CRSP now has a Market Capitalization of 5.63B and an Enterprise Value of 4.18B. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.91 while its Price-to-Book (P/B) ratio in mrq is 2.98. Its current Enterprise Value per Revenue stands at 11.29 whereas that against EBITDA is -20.61.
Stock Price History:
Over the past 52 weeks, CRSP has reached a high of $91.10, while it has fallen to a 52-week low of $37.55. The 50-Day Moving Average of the stock is 73.33, while the 200-Day Moving Average is calculated to be 59.12.
Shares Statistics:
According to the various share statistics, CRSP traded on average about 1.97M shares per day over the past 3-months and 1.31M shares per day over the past 10 days. A total of 80.04M shares are outstanding, with a floating share count of 79.80M. Insiders hold about 5.21% of the company’s shares, while institutions hold 64.27% stake in the company. Shares short for CRSP as of Feb 29, 2024 were 15.06M with a Short Ratio of 7.46, compared to 15.74M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 18.76% and a Short% of Float of 19.01%.
Earnings Estimates
The company has 17 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$1.41 for the current quarter, with a high estimate of $0.74 and a low estimate of -$1.82, while EPS last year was -$0.67. The consensus estimate for the next quarter is -$1.52, with high estimates of -$1.02 and low estimates of -$1.78.
Analysts are recommending an EPS of between -$2.6 and -$7.48 for the fiscal current year, implying an average EPS of -$5.68. EPS for the following year is -$4.27, with 20 analysts recommending between $5.08 and -$7.95.
Revenue Estimates
A total of 22 analysts have provided revenue estimates for CRSP’s current fiscal year. The highest revenue estimate was $427.9M, while the lowest revenue estimate was $15M, resulting in an average revenue estimate of $107.76M. In the same quarter a year ago, actual revenue was $371.21M, down -71.00% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $409.41M in the next fiscal year. The high estimate is $3.31B and the low estimate is $40M. The average revenue growth estimate for next year is up 279.90% from the average revenue estimate for this year.
