In last trading session, Amyris, Inc. (NASDAQ:AMRS) saw 3,525,181 shares changing hands with its beta currently measuring 1.02. Company’s recent per share price level of $9.31 trading at -$0.04 or -0.43% at ring of the bell on the day assigns it a market valuation of $2.23 Billion. That closing price of AMRS’s stock is at a discount of -6.98% from its 52-week high price of $9.96 and is indicating a premium of 84.96% from its 52-week low price of $1.4. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.69 Million shares which gives us an average trading volume of 4.31 Million if we extend that period to 3-months.
For Amyris, Inc. (AMRS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.5. Splitting up the data highlights that, out of 4 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 4 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.09 in the current quarter.
Amyris, Inc. (NASDAQ:AMRS) trade information
In the face of being in the red during last session for losing -0.43%, in the last five days AMRS remained trading in the green while hitting it’s week-highest on Wednesday, Jan 13 when the stock touched $9.96-6 price level, adding 6.56% to its value on the day. Amyris, Inc.’s shares saw a change of 50.77% in year-to-date performance and have moved 4.49% in past 5-day. Amyris, Inc. (NASDAQ:AMRS) showed a performance of 166.76% in past 30-days. Number of shares sold short was 24.04 Million shares which calculate 5.58 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $7.56 to the stock, which implies targetted prices is already lagging behind -18.8% to its current value. Analysts have been projecting $4.25 as a low price target for the stock while placing it at a high target of $11. It follows that stock’s current price would jump +18.15% in reaching the projected high whereas dropping to the targeted low would mean a loss of -54.35% for stock’s current value.
Amyris, Inc. (AMRS) estimates and forecasts
Statistics highlight that Amyris, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added +117.52% of value to its shares in past 6 months, showing an annual growth rate of 41.54% while that of industry is -5.1. Apart from that, the company came raising its revenue forecast for fiscal year 2021. The company is estimating its revenue growth to increase by 86.2% in the current quarter and calculating 76.8% increase in the next quarter. This year revenue growth is estimated to rise 8% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $69.44 Million for the same. And 1 analysts are in estimates of company making revenue of $35.4 Million in the next quarter that will end on March 01, 2021. Company posted $40.54 Million of sales in current quarter a year earlier. Analysts are expecting this quarter sales to grow by 71.3%.
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 -51.9% during past 5 years. In 2021, company’s earnings growth rate is likely to be around 27.8% while estimates for its earnings growth in next 5 years are of 30%
Amyris, Inc. (NASDAQ:AMRS)’s Major holders
Insiders are in possession of 33.01% of company’s total shares while institution are holding 44.03% percent of that, with stock having share float percentage of 65.72%. Investors also watch the number of corporate investors in a company very closely, which is 156 institutions for Amyris, Inc. that are currently holding shares of the company. FMR, LLC is the top institutional holder at AMRS for having 16.44 Million shares of worth $47.99 Million. And as of September 29, 2020, it was holding 6.87% of the company’s outstanding shares.
The second largest institutional holder is Farallon Capital Management LLC, which was holding about 14Million shares on September 29, 2020. The number of shares represents firm’s hold over 5.85% of outstanding shares, having a total worth of $40.88 Million.
On the other hand, Fidelity Select Portfolios – Technology and Victory Portfolios-Victory RS Small Cap Growth Fund are the top two Mutual Funds which own company’s shares. As of November 29, 2020, the former fund manager was holding 8044388 shares of worth $23.49 Million or 3.36% of the total outstanding shares. The later fund manager was in possession of 3.59 Million shares on September 29, 2020, making its stake of worth around $10.5 Million in the company or a holder of 1.5% of company’s stock.
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