Is Generation Bio Co. (NASDAQ: GBIO) Still A Loss Stock Despite Being Down -3.53% YTD? – Marketing Sentinel
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Is Generation Bio Co. (NASDAQ: GBIO) Still A Loss Stock Despite Being Down -3.53% YTD?

During the last session, Generation Bio Co. (NASDAQ:GBIO)’s traded shares were 1.02 million. At the end of the trading day, the stock’s price was $6.83, reflecting an intraday gain of 1.94% or $0.13. The 52-week high for the GBIO share is $28.67, that puts it down -319.77 from that peak though still a striking 42.02% gain since the share price plummeted to a 52-week low of $3.96. The company’s market capitalization is $349.56M, and the average trade volume was 372.35K shares over the past three months.

Generation Bio Co. (GBIO) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.00. GBIO has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 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 -$0.62.

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Generation Bio Co. (NASDAQ:GBIO) trade information

Generation Bio Co. (GBIO) registered a 1.94% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.94% in intraday trading to $6.83 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is 24.64%, and it has moved by 26.25% in 30 days. Based on these gigs, the overall price performance for the year is -72.90%.

The consensus price target of analysts on Wall Street is $20.20, which implies an increase of 66.19% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10.00 and $29.00 respectively. As a result, GBIO is trading at a discount of -324.6% off the target high and -46.41% off the low.

Generation Bio Co. (GBIO) estimates and forecasts

Statistics show that Generation Bio Co. has underperformed its competitors in share price, compared to the industry in which it operates. Generation Bio Co. (GBIO) shares have gone down -8.93% during the last six months, with a year-to-date growth rate less than the industry average at -21.23% against 3.70. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -12.70% this quarter and then drop -17.90% in the quarter after that.

Revenue for the current quarter is expected to be $1.5 million as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $1.5 million by the end of Sep 2022.

While earnings are projected to return -21.70% in 2022.

GBIO Dividends

Generation Bio Co. is due to release its next quarterly earnings between March 16 and March 21. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Generation Bio Co. (NASDAQ:GBIO)’s Major holders

Generation Bio Co. insiders own 5.28% of total outstanding shares while institutional holders control 95.54%, with the float percentage being 100.87%. Price (T.Rowe) Associates Inc is the largest shareholder of the company, while 163 institutions own stock in it. As of Dec 30, 2021, the company held over 8.65 million shares (or 15.15% of all shares), a total value of $61.22 million in shares.

The next largest institutional holding, with 8.54 million shares, is of FMR, LLC’s that is approximately 14.95% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $60.44 million.

Also, the Mutual Funds coming in first place with the largest holdings of Generation Bio Co. (GBIO) shares are Price (T.Rowe) New Horizons Fund and Fidelity Growth Company Fund. Data provided on Dec 30, 2021 indicates that Price (T.Rowe) New Horizons Fund owns about 2.55 million shares. This amounts to just over 4.46 percent of the company’s overall shares, with a $18.02 million market value. The same data shows that the other fund manager holds slightly less at 2.46 million, or about 4.30% of the stock, which is worth about $12.57 million.

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