As of close of business last night, Bluebird bio Inc’s stock clocked out at $1.68, down -4.00% from its previous closing price of $1.75. In other words, the price has decreased by -$0.0700 from its previous closing price. On the day, 14613898 shares were traded.
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Ratios:
To gain a deeper understanding of BLUE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 1.04.
On December 08, 2023, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $3 to $7.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 05 when Vittiglio Joseph sold 5,217 shares for $0.90 per share. The transaction valued at 4,708 led to the insider holds 44,783 shares of the business.
Klima Thomas J sold 2,714 shares of BLUE for $2,449 on Feb 05. The insider now owns 129,413 shares after completing the transaction at $0.90 per share. On Feb 05, another insider, Obenshain Andrew, who serves as the President and CEO of the company, sold 1,879 shares for $0.90 each. As a result, the insider received 1,696 and left with 286,093 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, BLUE now has a Market Capitalization of 323.81M and an Enterprise Value of 453.22M. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.90 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 20.86 whereas that against EBITDA is -3.44.
Stock Price History:
Over the past 52 weeks, BLUE has reached a high of $5.53, while it has fallen to a 52-week low of $0.88. The 50-Day Moving Average of the stock is 1.3748, while the 200-Day Moving Average is calculated to be 2.9409.
Shares Statistics:
It appears that BLUE traded 13.59M shares on average per day over the past three months and 10.41M shares per day over the past ten days. A total of 192.74M shares are outstanding, with a floating share count of 189.78M. Insiders hold about 1.54% of the company’s shares, while institutions hold 67.18% stake in the company. Shares short for BLUE as of Feb 15, 2024 were 28.59M with a Short Ratio of 2.10, compared to 26.57M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 14.83% and a Short% of Float of 15.84%.
Earnings Estimates
As of right now, 11 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.66 for the current quarter, with a high estimate of -$0.38 and a low estimate of -$0.98, while EPS last year was $0.38. The consensus estimate for the next quarter is -$0.5, with high estimates of -$0.24 and low estimates of -$0.85.
Analysts are recommending an EPS of between -$1 and -$2.83 for the fiscal current year, implying an average EPS of -$1.84. EPS for the following year is -$1.77, with 13 analysts recommending between -$0.92 and -$3.09.
Revenue Estimates
In the current quarter, 10 analysts expect revenue to total $16.62M. It ranges from a high estimate of $21.5M to a low estimate of $11.51M. As of the current estimate, Bluebird bio Inc’s year-ago sales were $62k, an estimated increase of 26,706.50% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $20.12M, an increase of 745.00% less than the figure of $26,706.50% in the same quarter last year. There is a high estimate of $29.2M for the next quarter, whereas the lowest estimate is $12.2M.
A total of 13 analysts have provided revenue estimates for BLUE’s current fiscal year. The highest revenue estimate was $49M, while the lowest revenue estimate was $33.18M, resulting in an average revenue estimate of $40.56M. In the same quarter a year ago, actual revenue was $3.6M, up 1,027.60% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $126.3M in the next fiscal year. The high estimate is $173M and the low estimate is $56.72M. The average revenue growth estimate for next year is up 211.40% from the average revenue estimate for this year.
