The consensus among analysts is that Quotient Limited (QTNT) is a Buy stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 3 have rated it as a Hold, with 3 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.33.
Quotient Limited (NASDAQ:QTNT) trade information
Despite being -6.04% 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 QTNT stock price touched $8.64-1 or saw a rise of 18.95%. Year-to-date, Quotient Limited shares have moved -26.39%, while the 5-day performance has seen it change -12.39%. Over the past 30 days, the shares of Quotient Limited (NASDAQ:QTNT) have changed -10.14%. Short interest in the company has seen 3.95 Million shares shorted with days to cover at 3.5.
Quotient Limited (QTNT) estimates and forecasts
Figures show that Quotient Limited shares have underperformed across the wider relevant industry. The company’s shares have lost -23.16% over the past 6 months, with this year growth rate of -2.78%, compared to 2.5% 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 8.3% and 19.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be +10.2%.
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 +18.5% over the past 5 years. Earnings growth for 2020 is a modest +25.3% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Quotient Limited (NASDAQ:QTNT)’s Major holders
Insiders own 2.06% of the company shares, while shares held by institutions stand at 89.82% with a share float percentage of 91.71%. Investors are also buoyed by the number of investors in a company, with Quotient Limited having a total of 120 institutions that hold shares in the company. The top two institutional holders are Perceptive Advisors Llc with over 13.29 Million shares worth more than $52.49 Million. As of March 30, 2020, Perceptive Advisors Llc held 16.49% of shares outstanding.
The other major institutional holder is Polar Capital LLP, with the holding of over 7.61 Million shares as of March 30, 2020. The firm’s total holdings are worth over $30.06 Million and represent 9.44% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Legg Mason Glb Asset Mgt Tr-Clearbridge Small Cap Fd and Artisan International Small-Mid Fund. As of January 30, 2020, the former fund manager holds about 2.73% shares in the company for having 2202746 shares of worth $16.42 Million while later fund manager owns 986.99 Thousand shares of worth $3.9 Million as of March 30, 2020, which makes it owner of about 1.22% of company’s outstanding stock.