During the last session, Seer Inc. (NASDAQ:SEER)’s traded shares were 0.85 million. At the end of the trading day, the stock’s price was $43.77, reflecting an intraday gain of 1.79% or $0.77. The 52-week high for the SEER share is $86.55, that puts it down -97.74 from that peak though still a striking 39.5% gain since the share price plummeted to a 52-week low of $26.48. The company’s market capitalization is $2.67B, and the average intraday trading volume over the past 10 days was 0.56 million shares, and the average trade volume was 445.77K shares over the past three months.
Seer Inc. (SEER) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.50. SEER has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.28.
Seer Inc. (NASDAQ:SEER) trade information
Seer Inc. (SEER) registered a 1.79% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.79% in intraday trading to $43.77 this Friday, 09/03/21, hitting a weekly high. The stock’s 5-day price performance is 18.23%, and it has moved by 32.68% in 30 days. The short interest in Seer Inc. (NASDAQ:SEER) is 4.16 million shares and it means that shorts have 8.16 day(s) to cover.
The consensus price target of analysts on Wall Street is $55.00, which implies an increase of 20.42% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $40.00 and $75.00 respectively. As a result, SEER is trading at a discount of -71.35% off the target high and 8.61% off the low.
Seer Inc. (SEER) estimates and forecasts
Statistics show that Seer Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Seer Inc. (SEER) shares have gone up 13.19% during the last six months, with a year-to-date growth rate more than the industry average at 53.63% against 7.70. In the rating firms’ projections, revenue will increase 595.10% compared to the previous financial year.
Revenue for the current quarter is expected to be $1.33 million as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $1.23 million by the end of Sep 2021.
While earnings are projected to return -207.50% in 2021.
Seer Inc. is due to release its next quarterly earnings on May 10. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Seer Inc. (NASDAQ:SEER)’s Major holders
Seer Inc. insiders own 13.43% of total outstanding shares while institutional holders control 78.93%, with the float percentage being 91.18%. FMR, LLC is the largest shareholder of the company, while 137 institutions own stock in it. As of Mar 30, 2021, the company held over 8.46 million shares (or 14.93% of all shares), a total value of $423.05 million in shares.
The next largest institutional holding, with 5.59 million shares, is of Artal Group S.A.’s that is approximately 9.87% of outstanding shares. At the market price on Mar 30, 2021, these shares were valued at $279.53 million.
Also, the Mutual Funds coming in first place with the largest holdings of Seer Inc. (SEER) shares are Smallcap World Fund and ARK ETF Tr-ARK Genomic Revolution ETF. Data provided on Mar 30, 2021 indicates that Smallcap World Fund owns about 1.8 million shares. This amounts to just over 3.18 percent of the company’s overall shares, with a $90.11 million market value. The same data shows that the other fund manager holds slightly less at 1.5 million, or about 2.65% of the stock, which is worth about $49.26 million.