During the last session, Amyris, Inc. (NASDAQ:AMRS)’s traded shares were 3,479,463, with the beta value of the company hitting 1.23. At the end of the trading day, the stock’s price was $16.87, reflecting an intraday loss of -7.46% or -$1.36. The 52-week high for the AMRS share is $23.42, that puts it down -38.83% from that peak though still a striking +88.86% gain since the share price plummeted to a 52-week low of $1.88. The company’s market capitalization is $4.45 Billion, and the average intraday trading volume over the past 10 days was 4.44 Million shares, and the average trade volume was 5.09 Million shares over the past three months.
Amyris, Inc. (AMRS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.6. AMRS has a Sell rating from none of the analyst(s) out of 5 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 5 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.02.
Amyris, Inc. (NASDAQ:AMRS): Trading Information
Amyris, Inc. (AMRS) registered a -7.46% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 17.99% in intraday trading to $20.57 this Thursday, Apr 01, hitting a weekly high. The stock’s 5-day price performance is -15.73%, and it has moved by 4.52% in 30 days. Based on these gigs, the overall price performance for the year is 173.2%. The short interest in Amyris, Inc. (NASDAQ:AMRS) is 21.75 Million shares and it means that shorts have 4.27 day(s) to cover.
The consensus price target of analysts on Wall Street is $26.6, which implies an increase of 57.68% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $17 and $35 respectively. As a result, AMRS is trading at a discount of 107.47% off the target high and 0.77% off the low.
Amyris, Inc. (AMRS) projections and forecasts
Statistics show that Amyris, Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Amyris, Inc. (AMRS) shares have gone up +430.5% during the last six months, with a year-to-date growth rate less than the industry average at -86.7% against 20.2%. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 96.4% this quarter and then jump 78.6% in the quarter after that. In the rating firms’ projections, revenue will increase 94.9% compared to the previous financial year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 40.8%. While earnings are projected to return 29.6% in 2021, the next five years will return 30% per annum.
Amyris, Inc. (NASDAQ:AMRS)’s Biggest Investors
Amyris, Inc. insiders own 32.21% of total outstanding shares while institutional holders control 41.04%, with the float percentage being 60.55%. FMR, LLC is the largest shareholder of the company, while 181 institutions own stock in it. As of Dec 30, 2020, the company held over 18.44 Million shares (or 6.75% of all shares), a total value of $113.88 Million in shares.
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The next largest institutional holding, with 17.5 Million shares, is of Farallon Capital Management LLC’s that is approximately 6.4% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $108.06 Million.
Also, the Mutual Funds coming in first place with the largest holdings of Amyris, Inc. (AMRS) shares are Fidelity Select Portfolios – Technology and Fidelity Balanced Fund. Data provided on Feb 27, 2021 indicates that Fidelity Select Portfolios – Technology owns about 8,055,688 shares. This amounts to just over 2.95 percent of the company’s overall shares, with a $111.17 Million market value. The same data shows that the other fund manager holds slightly less at 5.49 Million, or about 2.01% of the stock, which is worth about $75.71 Million.