In recent trading session, Emergent BioSolutions Inc. (NYSE:EBS) saw 852,216 shares changing hands with its beta currently measuring 1.3. Company’s recent per share price level of $109.53 trading at $12.51 or 12.89% at recent trade assigns it a market valuation of $5.79 Billion. That current trading price of EBs’ stock is at a discount of -4.18% from its 52-week high price of $114.11 and is indicating a premium of 64.29% from its 52-week low price of $39.11. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.18 Million shares which gives us an average trading volume of 836.78 Million if we extend that period to 3-months.
For Emergent BioSolutions Inc. (EBS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.7. Splitting up the data highlights that, out of 7 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 6 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $1.72 in the current quarter.
Emergent BioSolutions Inc. (NYSE:EBS) trade information
Upright in the green today for gaining 12.89%, in the last five days EBS remained trading in the green while hitting it’s week-highest on Friday, Jul 31 when the stock touched $114.13 price level, adding 4.27% to its value on the day. Emergent BioSolutions Inc.’s shares saw a change of 102.52% in year-to-date performance and have moved 21.58% in past 5-day. Emergent BioSolutions Inc. (NYSE:EBS) showed a performance of 38.16% in past 30-days. Number of shares sold short was 2.78 Million shares which calculate 0 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $93 to the stock, which implies targetted prices is already lagging behind -15.09% to its current value. Analysts have been projecting $80 as a low price target for the stock while placing it at a high target of $110. It follows that stock’s current price would jump +0.43% in reaching the projected high whereas dropping to the targeted low would mean a loss of -26.96% for stock’s current value.
Emergent BioSolutions Inc. (EBS) estimates and forecasts
Statistics highlight that Emergent BioSolutions Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added +75.82% of value to its shares in past 6 months, showing an annual growth rate of 45.36% while that of industry is 12.2. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 42.1% in the current quarter and calculating 30.6% increase in the next quarter. This year revenue growth is estimated to rise 26% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $420.17 Million for the same. And 4 analysts are in estimates of company making revenue of $476.25 Million in the next quarter that will end in December 01, 2020.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -2.6% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -8.5% while estimates for its earnings growth in next 5 years are of 9.2%
Emergent BioSolutions Inc. (NYSE:EBS)’s Major holders
Insiders are in possession of 15.6% of company’s total shares while institution are holding 88.96% percent of that, with stock having share float percentage of 105.4%. Investors also watch the number of corporate investors in a company very closely, which is 356 institutions for Emergent BioSolutions Inc. that are currently holding shares of the company. Copper Rock Capital Partners LLC is the top institutional holder at EBS for having 8.77 Million shares of worth $693.74 Million. And as of June 29, 2020, it was holding 16.73% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 6.65 Million shares on March 30, 2020. The number of shares represents firm’s hold over 12.68% of outstanding shares, having a total worth of $384.66 Million.
On the other hand, iShares Core S&P Smallcap ETF and Neuberger & Berman Genesis Fund are the top two Mutual Funds which own company’s shares. As of April 29, 2020, the former fund manager was holding 2660104 shares of worth $196.71 Million or 5.07% of the total outstanding shares. The later fund manager was in possession of 1.8 Million shares on May 30, 2020, making its stake of worth around $150.09 Million in the company or a holder of 3.43% of company’s stock.