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BioCryst Pharmaceuticals Inc. (BCRX) Stock’s Detailed Analysis

BioCryst Pharmaceuticals Inc. (NASDAQ:BCRX) has a beta value of 2.02 and has seen 1.99 million shares traded in the last trading session. The company, currently valued at $1.98B, closed the last trade at $11.01 per share which meant it gained $0.38 on the day or 3.57% during that session. The BCRX stock price is -81.56% off its 52-week high price of $19.99 and 30.88% above the 52-week low of $7.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.83 million shares traded. The 3-month trading volume is 2.96 million shares.

The consensus among analysts is that BioCryst Pharmaceuticals Inc. (BCRX) is an Overweight stock at the moment, with a recommendation rating of 2.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 12 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.29.

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BioCryst Pharmaceuticals Inc. (NASDAQ:BCRX) trade information

Sporting 3.57% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, 01/24/23 when the BCRX stock price touched $11.01 or saw a rise of 0.9%. Year-to-date, BioCryst Pharmaceuticals Inc. shares have moved -4.09%, while the 5-day performance has seen it change 10.10%. Over the past 30 days, the shares of BioCryst Pharmaceuticals Inc. (NASDAQ:BCRX) have changed 1.66%. Short interest in the company has seen 28.29 million shares shorted with days to cover at 11.61.

Wall Street analysts have a consensus price target for the stock at $16.70, which means that the shares’ value could jump 34.07% from current levels. The projected low price target is $10.00 while the price target rests at a high of $30.00. In that case, then, we find that the current price level is -172.48% off the targeted high while a plunge would see the stock lose 9.17% from current levels.

BioCryst Pharmaceuticals Inc. (BCRX) estimates and forecasts

Figures show that BioCryst Pharmaceuticals Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 1.01% over the past 6 months, with this year growth rate of 14.18%, compared to 11.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are 12.10% and -140.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 73.80%.

11 analysts offering their estimates for the company have set an average revenue estimate of $74.62 million for the current quarter. 11 have an estimated revenue figure of $83.3 million for the next quarter concluding in Dec 2022. Year-ago sales stood $40.08 million and $47.16 million respectively for this quarter and the next, and analysts expect sales will grow by 86.20% for the current quarter and 76.60% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -6.60% over the past 5 years. Earnings growth for 2023 is a modest 6.00% while over the next 5 years, the company’s earnings are expected to increase by 15.20%.

BCRX Dividends

BioCryst Pharmaceuticals Inc. is expected to release its next earnings report between February 21 and February 27 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

BioCryst Pharmaceuticals Inc. (NASDAQ:BCRX)’s Major holders

Insiders own 0.97% of the company shares, while shares held by institutions stand at 82.74% with a share float percentage of 83.55%. Investors are also buoyed by the number of investors in a company, with BioCryst Pharmaceuticals Inc. having a total of 312 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 13.99 million shares worth more than $147.99 million. As of Jun 29, 2022, Blackrock Inc. held 7.52% of shares outstanding.

The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 13.81 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $146.11 million and represent 7.43% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF and Vanguard Total Stock Market Index Fund. As of Sep 29, 2022, the former fund manager holds about 3.02% shares in the company for having 5.61 million shares of worth $70.65 million while later fund manager owns 5.47 million shares of worth $57.83 million as of Jun 29, 2022, which makes it owner of about 2.94% of company’s outstanding stock.

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