Gaining Ground: Ideaya Biosciences Inc (IDYA) Closes Lower at 29.47, Down -3.35

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The price of Ideaya Biosciences Inc (NASDAQ: IDYA) closed at $29.47 in the last session, down -3.35% from day before closing price of $30.49. In other words, the price has decreased by -$3.35 from its previous closing price. On the day, 0.69 million shares were traded. IDYA stock price reached its highest trading level at $30.52 during the session, while it also had its lowest trading level at $29.31.

Ratios:

We take a closer look at IDYA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 22.93 and its Current Ratio is at 22.93. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

On October 24, 2024, UBS started tracking the stock assigning a Buy rating and target price of $50.

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 Aug 26 ’24 when Jason Throne bought 75,000 shares for $40.22 per share.

WHITE MICHAEL ANTHONY sold 28,500 shares of IDYA for $1,032,884 on May 29 ’24. The Chief Scientific Officer now owns 0 shares after completing the transaction at $36.24 per share. On May 15 ’24, another insider, Hata Yujiro S, who serves as the President and CEO of the company, sold 83,856 shares for $42.90 each. As a result, the insider received 3,597,756 and left with 677,887 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, IDYA now has a Market Capitalization of 2547144960 and an Enterprise Value of 1645912064. For the stock, the TTM Price-to-Sale (P/S) ratio is 649.78 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 419.661 whereas that against EBITDA is -7.404.

Stock Price History:

Over the past 52 weeks, IDYA has reached a high of $47.74, while it has fallen to a 52-week low of $27.52. The 50-Day Moving Average of the stock is -6.78%, while the 200-Day Moving Average is calculated to be -23.55%.

Shares Statistics:

According to the various share statistics, IDYA traded on average about 707.68K shares per day over the past 3-months and 778080 shares per day over the past 10 days. A total of 86.43M shares are outstanding, with a floating share count of 78.33M. Insiders hold about 9.37% of the company’s shares, while institutions hold 95.26% stake in the company. Shares short for IDYA as of 1730332800 were 9306160 with a Short Ratio of 13.15, compared to 1727654400 on 12075624. Therefore, it implies a Short% of Shares Outstanding of 9306160 and a Short% of Float of 12.01.

Earnings Estimates

The dynamic stock of Ideaya Biosciences Inc (IDYA) is currently being evaluated by a team of 11.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.62, with high estimates of -$0.46 and low estimates of -$0.84.

Analysts are recommending an EPS of between -$1.58 and -$2.53 for the fiscal current year, implying an average EPS of -$2.37. EPS for the following year is -$2.66, with 11.0 analysts recommending between -$2.11 and -$3.49.

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