In the latest session, Kodiak Sciences Inc (NASDAQ: KOD) closed at $5.26 down -29.40% from its previous closing price of $7.45. In other words, the price has decreased by -$2.19 from its previous closing price. On the day, 3493360 shares were traded.
Ratios:
For a deeper understanding of Kodiak Sciences Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.93 and its Current Ratio is at 6.93. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.65.
On November 17, 2023, CapitalOne Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $7 to $12.
UBS Downgraded its Buy to Neutral on July 27, 2023, whereas the target price for the stock was revised from $15 to $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 16 ’23 when BORGESON JOHN A. sold 2,749 shares for $9.23 per share. The transaction valued at 25,373 led to the insider holds 178,077 shares of the business.
EHRLICH JASON sold 2,258 shares of KOD for $20,841 on Jun 16 ’23. The insider now owns 61,924 shares after completing the transaction at $9.23 per share. On Jun 14 ’23, another insider, BORGESON JOHN A., who serves as the insider of the company, sold 1,448 shares for $9.42 each. As a result, the insider received 13,640 and left with 175,332 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, KOD now has a Market Capitalization of 276.00M and an Enterprise Value of 13.81M.
Stock Price History:
The Beta on a monthly basis for KOD is 2.18, which has changed by -3.22% over the last 52 weeks, in comparison to a change of 27.39% over the same period for the S&P500. Over the past 52 weeks, KOD has reached a high of $9.80, while it has fallen to a 52-week low of $1.37. The 50-Day Moving Average of the stock is 5.37, while the 200-Day Moving Average is calculated to be 3.64.
Shares Statistics:
For the past three months, KOD has traded an average of 825.07K shares per day and 1.79M over the past ten days. A total of 52.51M shares are outstanding, with a floating share count of 48.61M. Insiders hold about 7.36% of the company’s shares, while institutions hold 76.91% stake in the company. Shares short for KOD as of Mar 15, 2024 were 2.02M with a Short Ratio of 2.45, compared to 1.79M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.86% and a Short% of Float of 5.88%.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.98 for the current quarter, with a high estimate of -$0.9 and a low estimate of -$1.11, while EPS last year was -$1.35. The consensus estimate for the next quarter is -$0.99, with high estimates of -$0.92 and low estimates of -$1.11.
Analysts are recommending an EPS of between -$1.25 and -$4.43 for the fiscal current year, implying an average EPS of -$3.36. EPS for the following year is -$1.56, with 3 analysts recommending between -$1.02 and -$2.4.
