Karyopharm Therapeutics Inc. (NASDAQ:KPTI) has a beta value of 1.5 and has seen 3,133,232 shares traded in the last trading session. The company, currently valued at $1.35 Billion, closed the last trade at $18.42 per share which meant it lost -$1.1 on the day or -5.97% during that session. The KPTI stock price is -60.75% off its 52-week high price of $29.61 and 70.58% above the 52-week low of $5.42. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.11 Million shares traded. The 3-month trading volume is 1.74 Million shares.
The consensus among analysts is that Karyopharm Therapeutics Inc. (KPTI) is a Buy stock at the moment, with a recommendation rating of 1.7. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 9 have rated it as a Hold, with 7 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.56.
Karyopharm Therapeutics Inc. (NASDAQ:KPTI) trade information
Despite being -5.97% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 22 when the KPTI stock price touched $20.99- or saw a rise of 12.24%. Year-to-date, Karyopharm Therapeutics Inc. shares have moved -3.91%, while the 5-day performance has seen it change -3.05%. Over the past 30 days, the shares of Karyopharm Therapeutics Inc. (NASDAQ:KPTI) have changed -4.51%. Short interest in the company has seen 14.48 Million shares shorted with days to cover at 8.32.
Wall Street analysts have a consensus price target for the stock at $32.89, which means that the shares’ value could jump 78.56% from current levels. The projected low price target is $26 while the price target rests at a high of $41. In that case, then, we find that the current price level is +122.58% off the targeted high while a plunge would see the stock lose 41.15% from current levels.
Karyopharm Therapeutics Inc. (KPTI) estimates and forecasts
Figures show that Karyopharm Therapeutics Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -6.33% over the past 6 months, with this year growth rate of -25.16%, compared to 12.4% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 21.1% and 4.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be +159.1%.
8 analysts offering their estimates for the company have set an average revenue estimate of $28.82 Million for the current quarter. 8 have an estimated revenue figure of $23.19 Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $90Million and $13.15 Million respectively for this quarter and the next, and analysts expect sales will grow by 31922.2% for the current quarter and 76.4% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -5.8% over the past 5 years. Earnings growth for 2020 is a modest -2.6% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Karyopharm Therapeutics Inc. (NASDAQ:KPTI)’s Major holders
Insiders own 12.78% of the company shares, while shares held by institutions stand at 91.03% with a share float percentage of 104.38%. Investors are also buoyed by the number of investors in a company, with Karyopharm Therapeutics Inc. having a total of 206 institutions that hold shares in the company. The top two institutional holders are Consonance Capital Management LP with over 7.18 Million shares worth more than $137.94 Million. As of March 30, 2020, Consonance Capital Management LP held 9.82% of shares outstanding.
The other major institutional holder is Avoro Capital Advisors LLC, with the holding of over 7Million shares as of March 30, 2020. The firm’s total holdings are worth over $134.47 Million and represent 9.57% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF and Vanguard Total Stock Market Index Fund. As of March 30, 2020, the former fund manager holds about 2.79% shares in the company for having 2040204 shares of worth $39.19 Million while later fund manager owns 1.78 Million shares of worth $34.28 Million as of March 30, 2020, which makes it owner of about 2.44% of company’s outstanding stock.