After finishing at $2.60 in the prior trading day, Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) closed at $2.52, down -3.08%. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 2427492 shares were traded.
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Ratios:
Our goal is to gain a better understanding of LXRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.91 and its Current Ratio is at 6.92. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.05.
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 this company, Jefferies on March 07, 2023, initiated with a Hold rating and assigned the stock a target price of $3.
On August 12, 2022, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $10.
JP Morgan Upgraded its Underweight to Neutral on January 29, 2021, while the target price for the stock was maintained at $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 16 ’23 when COATS LONNEL bought 90,000 shares for $1.05 per share. The transaction valued at 94,797 led to the insider holds 914,359 shares of the business.
COATS LONNEL bought 10,000 shares of LXRX for $10,100 on Nov 10 ’23. The Chief Executive Officer now owns 824,359 shares after completing the transaction at $1.01 per share. On Oct 12 ’23, another insider, DEBBANE RAYMOND, who serves as the Director of the company, bought 148,820 shares for $1.03 each. As a result, the insider paid 153,805 and bolstered with 1,340,847 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, LXRX now has a Market Capitalization of 620.52M and an Enterprise Value of 508.09M. For the stock, the TTM Price-to-Sale (P/S) ratio is 510.10 while its Price-to-Book (P/B) ratio in mrq is 4.44. Its current Enterprise Value per Revenue stands at 958.66 whereas that against EBITDA is -3.42.
Stock Price History:
Over the past 52 weeks, LXRX has reached a high of $3.79, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is 2.1610, while the 200-Day Moving Average is calculated to be 1.7542.
Shares Statistics:
The stock has traded on average 4.67M shares per day over the past 3-months and 6.47M shares per day over the last 10 days, according to various share statistics. A total of 244.93M shares are outstanding, with a floating share count of 238.24M. Insiders hold about 2.73% of the company’s shares, while institutions hold 74.32% stake in the company. Shares short for LXRX as of Feb 29, 2024 were 21.07M with a Short Ratio of 4.51, compared to 23.03M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.63% and a Short% of Float of 14.34%.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$0.2 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.22, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.18, with high estimates of -$0.15 and low estimates of -$0.21.
Analysts are recommending an EPS of between -$0.67 and -$0.75 for the fiscal current year, implying an average EPS of -$0.71. EPS for the following year is -$0.63, with 4 analysts recommending between -$0.57 and -$0.69.
Revenue Estimates
4 analysts predict $1.94M in revenue for the current quarter. It ranges from a high estimate of $3.66M to a low estimate of $1M. As of the current estimate, Lexicon Pharmaceuticals Inc’s year-ago sales were $24k, an estimated increase of 7,983.30% from the year-ago figure.
A total of 4 analysts have provided revenue estimates for LXRX’s current fiscal year. The highest revenue estimate was $48.94M, while the lowest revenue estimate was $10.8M, resulting in an average revenue estimate of $31.59M. In the same quarter a year ago, actual revenue was $1.2M, up 2,523.80% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $77.52M in the next fiscal year. The high estimate is $103.09M and the low estimate is $40.1M. The average revenue growth estimate for next year is up 145.40% from the average revenue estimate for this year.
