In the last trading session, 2,903,105 shares of the Evolus, Inc.(NASDAQ:EOLS) were traded, and its beta was 0. Most recently the company’s share price was $10.99, and it changed around -$1.3 or -0.11% from the last close, which brings the market valuation of the company to $370.9 Million. EOLS currently trades at a discount to its 52-week high of $14.81, offering almost -34.76% off that amount. The share price’s 52-week low was $2.85, which indicates that the current value has risen by an impressive 74.07% since then. We note from Evolus, Inc.’s average daily trading volume that its 10-day average is 7.3 Million shares, with the 3-month average coming to 1.39 Million.
Evolus, Inc. stock received a consensus recommendation rating of Overweight, based on a mean score of 2.2. If we narrow it down even further, the data shows that 1 out of 8 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 2 recommended EOLS as a Hold, whereas 5 deemed it a Buy, and no one rated it as Underweight. Evolus, Inc. is expected to report earnings per share of -$0.22 for the current quarter.
Evolus, Inc. (NASDAQ:EOLS): Trading Information
Although EOLS has showed a red trend with a performance of -10.58% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $14.81 on Friday, Feb 19 increased the stock’s daily price by 25.79%. The company’s shares are currently up 2.27% year-to-date, but still up 0.431 over the last five days. On the other hand, Evolus, Inc. (NASDAQ:EOLS) is 0.66% up in the 30-day period. We can see from the shorts that 3.66 Million shares have been sold at a short interest cover period of 2.63 day(s).
The consensus price target as assigned by Wall Street analysts is $13.5, which translates to bears needing to increase their stock price by 22.84% from its current value. Analyst projections state that EOLS is forecast to be at a low of $4 and a high of $25. In order for the stock price to hit the forecast high, the stock would need to surge +127.48% from its current level, while the stock would need to crash -63.6% from its current level to reach the projected low.
Evolus, Inc. (EOLS) projections and forecasts
Evolus, Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen +187.7 percent over the past six months and at a 48.59% annual growth rate that is well above the industry average of 13.3%. Moreover, analysts have decided to roll up on their fiscal year 2021 revenue estimates. The rating firms predict that it will gain +53.2% in revenue this quarter, and will report an increase of 60% in the next quarter. The year-over-year growth rate is expected to be 67.1%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of $22.4 Million in revenue for the current quarter. 2 analysts expect Evolus, Inc. to make $8.97 Million in revenue for the quarter ending March 01, 2021. The company’s sales for the same quarters a year ago were $19.45 Million and $10.5 Million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 15.2%. Forecasts for the next quarter put sales growth at -14.5%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. Evolus, Inc. earnings are expected to decrease by -66% in 2021, but the outlook is positive 16.5% per year for the next five years.
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Evolus, Inc. (NASDAQ:EOLS)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 33.99% of Evolus, Inc. shares, and 22.66% of them are in the hands of institutional investors. The stock currently has a share float of 34.33%. Evolus, Inc. stock is held by 123 institutions, with Blackrock Inc. being the largest institutional investor. By Dec 30, 2020, it held 4.39% of the shares, which is about 1.48 Million shares worth $4.98 Million.
Schroder Investment Management Group, with 4.03% or 1.36 Million shares worth $5.32 Million as of Sep 29, 2020, holds the second largest percentage of outstanding shares.