The consensus among analysts is that Kadmon Holdings, Inc. (KDMN) 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. None out of 6 have rated it as a Hold, with 5 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.13.
Kadmon Holdings, Inc. (NYSE:KDMN) trade information
Despite being -0.19% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Jun 24 when the KDMN stock price touched $5.50-6 or saw a rise of 6%. Year-to-date, Kadmon Holdings, Inc. shares have moved 14.13%, while the 5-day performance has seen it change 12.15%. Over the past 30 days, the shares of Kadmon Holdings, Inc. (NYSE:KDMN) have changed 16.44%. Short interest in the company has seen 19.29 Million shares shorted with days to cover at 8.21.
Kadmon Holdings, Inc. (KDMN) estimates and forecasts
Figures show that Kadmon Holdings, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +8.16% over the past 6 months, with this year growth rate of -17.57%, compared to 9.2% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -285.7% and 73.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be +121.2%.
6 analysts offering their estimates for the company have set an average revenue estimate of $1.46 Million for the current quarter. 6 have an estimated revenue figure of $1.52 Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $460Million and $260Million respectively for this quarter and the next, and analysts expect sales will grow by 217.4% for the current quarter and 484.6% 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 +19.7% over the past 5 years. Earnings growth for 2020 is a modest +17.7% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Kadmon Holdings, Inc. (NYSE:KDMN)’s Major holders
Insiders own 0.16% of the company shares, while shares held by institutions stand at 83.14% with a share float percentage of 83.27%. Investors are also buoyed by the number of investors in a company, with Kadmon Holdings, Inc. having a total of 144 institutions that hold shares in the company. The top two institutional holders are Perceptive Advisors Llc with over 15.71 Million shares worth more than $65.83 Million. As of March 30, 2020, Perceptive Advisors Llc held 9.82% of shares outstanding.
The other major institutional holder is Consonance Capital Management LP, with the holding of over 15.61 Million shares as of March 30, 2020. The firm’s total holdings are worth over $65.4 Million and represent 9.75% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of March 30, 2020, the former fund manager holds about 2.94% shares in the company for having 4700878 shares of worth $19.7 Million while later fund manager owns 3.6 Million shares of worth $15.09 Million as of March 30, 2020, which makes it owner of about 2.25% of company’s outstanding stock.