After A -26.88% Fall This Year Is Ascendis Pharma A/S (NASDAQ:ASND) A Better Buy Than Others? – Marketing Sentinel

After A -26.88% Fall This Year Is Ascendis Pharma A/S (NASDAQ:ASND) A Better Buy Than Others?

In last trading session, Ascendis Pharma A/S (NASDAQ:ASND) saw 178,962 shares changing hands with its beta currently measuring 0.72. Company’s recent per share price level of $121.95 trading at -$2.23 or -1.8% at ring of the bell on the day assigns it a market valuation of $6.56 Billion. That closing price of ASND’s stock is at a discount of -50.87% from its 52-week high price of $183.98 and is indicating a premium of 3.68% from its 52-week low price of $117.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 203.62 Million shares which gives us an average trading volume of 209.45 Million if we extend that period to 3-months.

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For Ascendis Pharma A/S (ASND), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.6. Splitting up the data highlights that, out of 14 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 13 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$2.06 in the current quarter.

Ascendis Pharma A/S (NASDAQ:ASND) trade information

In the face of being in the red during last session for losing -1.8%, in the last five days ASND remained trading in the green while hitting it’s week-highest on Wednesday, Apr 14 when the stock touched $128 price level, adding 4.73% to its value on the day. Ascendis Pharma A/S’s shares saw a change of -26.88% in year-to-date performance and have moved -2.91% in past 5-day. Ascendis Pharma A/S (NASDAQ:ASND) showed a performance of -17.04% in past 30-days. Number of shares sold short was 2.93 Million shares which calculate 0.01 days to cover the short interests.

Ascendis Pharma A/S (ASND) estimates and forecasts

Statistics highlight that Ascendis Pharma A/S is scoring comparatively lower than the scores of other players of the relevant industry. The company lessened -22.69% of value to its shares in past 6 months, showing an annual growth rate of -5.71% while that of industry is 7.8. Apart from that, the company came lowering its revenue forecast for fiscal year 2021. The company is estimating its revenue growth to decline by -36.4% in the current quarter and calculating 0.4% increase in the next quarter. This year revenue growth is estimated to rise 307.7% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $2.25 Million for the same. And 7 analysts are in estimates of company making revenue of $2.25 Million in the next quarter that will end on June 01, 2021. Company posted $2.11 Million and $1.7 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 6.6% while estimating it to be 32.7% for the next quarter.

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 -43% during past 5 years. In 2021, company’s earnings growth rate is likely to be around -76.6% while estimates for its earnings growth in next 5 years are of 24%

Ascendis Pharma A/S (NASDAQ:ASND)’s Major holders

Insiders are in possession of 0.03% of company’s total shares while institution are holding 102.82% percent of that, with stock having share float percentage of 102.85%. Investors also watch the number of corporate investors in a company very closely, which is 246 institutions for Ascendis Pharma A/S that are currently holding shares of the company. Price (T.Rowe) Associates Inc is the top institutional holder at ASND for having 6.62 Million shares of worth $1.1 Billion. And as of December 30, 2020, it was holding 12.31% of the company’s outstanding shares.


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The second largest institutional holder is RA Capital Management, L.P., which was holding about 5.87 Million shares on December 30, 2020. The number of shares represents firm’s hold over 10.91% of outstanding shares, having a total worth of $978.22 Million.

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On the other hand, Price (T.Rowe) New Horizons Fund and Mutual Fund Ser Tr-Eventide Gilead Fund are the top two Mutual Funds which own company’s shares. As of December 30, 2020, the former fund manager was holding 1157009 shares of worth $192.97 Million or 2.15% of the total outstanding shares. The later fund manager was in possession of 1.12 Million shares on December 30, 2020, making its stake of worth around $187.29 Million in the company or a holder of 2.09% of company’s stock.

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