Caribou Biosciences Inc. (NASDAQ:CRBU)’s traded shares stood at 0.9 million during the last session. At the close of trading, the stock’s price was $8.55, to imply an increase of 4.01% or $0.33 in intraday trading. The CRBU share’s 52-week high remains $32.65, putting it -281.87% down since that peak but still an impressive 25.03% since price per share fell to its 52-week low of $6.41. The company has a valuation of $541.64M, with an average of 0.95 million shares in intraday trading volume over the past 10 days and average of 700.02K shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for Caribou Biosciences Inc. (CRBU), translating to a mean rating of 1.40. Of 7 analyst(s) looking at the stock, 0 analyst(s) give CRBU a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.37.
Caribou Biosciences Inc. (NASDAQ:CRBU) trade information
After registering a 4.01% upside in the last session, Caribou Biosciences Inc. (CRBU) has traded red over the past five days. The stock hit a weekly high of 8.58 this Friday, 05/27/22, jumping 4.01% in its intraday price action. The 5-day price performance for the stock is 3.26%, and 14.30% over 30 days. With these gigs, the year-to-date price performance is -43.34%. Short interest in Caribou Biosciences Inc. (NASDAQ:CRBU) saw shorts transact 2.33 million shares and set a 6.79 days time to cover.
Analysts on Wall Street suggest a consensus price target of $29.43, implying an increase of 70.95% to the stock’s current value. The extremes give us $19.00 and $39.00 for target low and target high price respectively. As such, CRBU has been trading -356.14% off suggested target high and -122.22% from its likely low.
Caribou Biosciences Inc. (CRBU) estimates and forecasts
Looking at statistics comparing Caribou Biosciences Inc. share performance against respective industry, we note that the company has outperformed competitors. Caribou Biosciences Inc. (CRBU) shares are -51.64% down over the last 6 months, with its year-to-date growth rate higher than industry average at 27.96% against 0.50%. Revenue is forecast to grow 76.10% this quarter before jumping 17.40% for the next one. The rating firms project that company’s revenue will grow 32.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is $2.82 million. Meanwhile, for the quarter ending Sep 2022, a total of 4 analyst(s) estimate revenue growth to $3.67 million.Earnings reports from the last fiscal year show that sales brought in $1.48 million and $3.98 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 91.10% before dropping -7.70% in the following quarter.
Caribou Biosciences Inc. has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Caribou Biosciences Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Caribou Biosciences Inc. (NASDAQ:CRBU)’s Major holders
Caribou Biosciences Inc. insiders hold 15.11% of total outstanding shares, with institutional holders owning 56.71% of the shares at 66.81% float percentage. In total, 56.71% institutions holds shares in the company, led by PFM Health Sciences, LP. As of Dec 30, 2021, the company held over 4.09 million shares (or 6.74% of shares), all amounting to roughly $61.75 million.
The next major institution holding the largest number of shares is FMR, LLC with 3.32 million shares, or about 5.47% of shares outstanding. As of the market price on Dec 30, 2021, these shares were worth $50.15 million.
We also have ACAP Strategic Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Caribou Biosciences Inc. (CRBU) shares. Going by data provided on Dec 30, 2021, ACAP Strategic Fund holds roughly 0.57 million shares. This is just over 0.94% of the total shares, with a market valuation of $8.62 million. Data from the same date shows that the other fund manager holds a little less at 0.51 million, or 0.85% of the shares, all valued at about 7.76 million.