The price of Maravai LifeSciences Holdings Inc (NASDAQ: MRVI) closed at $8.34 in the last session, down -1.77% from day before closing price of $8.49. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 1801098 shares were traded. MRVI stock price reached its highest trading level at $8.74 during the session, while it also had its lowest trading level at $8.24.
Ratios:
We take a closer look at MRVI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.19. For the most recent quarter (mrq), Quick Ratio is recorded 7.41 and its Current Ratio is at 8.00. In the meantime, Its Debt-to-Equity ratio is 1.47 whereas as Long-Term Debt/Eq ratio is at 1.44.
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 December 12, 2023, Upgraded its rating to Buy and sets its target price to $8 from $10 previously.
Credit Suisse Downgraded its Outperform to Neutral on May 23, 2023, whereas the target price for the stock was revised from $18 to $14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRVI now has a Market Capitalization of 1.10B and an Enterprise Value of 1.14B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.82 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 3.94 whereas that against EBITDA is 1.60.
Stock Price History:
Over the past 52 weeks, MRVI has reached a high of $16.62, while it has fallen to a 52-week low of $4.52. The 50-Day Moving Average of the stock is 6.72, while the 200-Day Moving Average is calculated to be 8.46.
Shares Statistics:
According to the various share statistics, MRVI traded on average about 2.67M shares per day over the past 3-months and 3.11M shares per day over the past 10 days. A total of 132.23M shares are outstanding, with a floating share count of 106.79M. Insiders hold about 19.29% of the company’s shares, while institutions hold 86.17% stake in the company. Shares short for MRVI as of Feb 29, 2024 were 6.2M with a Short Ratio of 2.32, compared to 6.83M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.68% and a Short% of Float of 5.62%.
Earnings Estimates
The company has 10 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.03, while EPS last year was $0.03. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.01 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.03 and -$0.06 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is $0.05, with 11 analysts recommending between $0.12 and -$0.01.
Revenue Estimates
According to 9 analysts, the current quarter’s revenue is expected to be $60.55M. It ranges from a high estimate of $62.2M to a low estimate of $58.7M. As of the current estimate, Maravai LifeSciences Holdings Inc’s year-ago sales were $79.03M, an estimated decrease of -23.40% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $66.95M, a decrease of -2.80% over than the figure of -$23.40% in the same quarter last year. There is a high estimate of $69M for the next quarter, whereas the lowest estimate is $63M.
A total of 11 analysts have provided revenue estimates for MRVI’s current fiscal year. The highest revenue estimate was $277.8M, while the lowest revenue estimate was $265M, resulting in an average revenue estimate of $272.13M. In the same quarter a year ago, actual revenue was $288.94M, down -5.80% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $299.16M in the next fiscal year. The high estimate is $329.31M and the low estimate is $284.72M. The average revenue growth estimate for next year is up 9.90% from the average revenue estimate for this year.
