In the latest trading session, 19.72 million ThermoGenesis Holdings Inc. (NASDAQ:THMO) shares changed hands as the company’s beta touched 2.59. With the company’s most recent per share price at $3.96 changing hands around $1.85 or 87.68% at last look, the market valuation stands at $2.43M. THMO’s current price is a discount, trading about -922.47% off its 52-week high of $40.49. The share price had its 52-week low at $2.11, which suggests the last value was 46.72% up since then. When we look at ThermoGenesis Holdings Inc.’s average trading volume, we note the 10-day average is 37220.0 shares, with the 3-month average coming to 117.41K.
Analysts gave the ThermoGenesis Holdings Inc. (THMO) stock a consensus recommendation rating of a Buy. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended THMO as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. ThermoGenesis Holdings Inc.’s EPS for the current quarter is expected to be -$0.9.
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ThermoGenesis Holdings Inc. (NASDAQ:THMO) trade information
Instantly THMO is in green as seen in intraday trades today. With action 49.43%, the performance over the past five days has been green. The jump to weekly highs of 5.27 on Tuesday, 03/14/23 added 87.68% to the stock’s daily price. The company’s shares are showing year-to-date upside of 23.75%, with the 5-day performance at 49.43% in the green. However, in the 30-day time frame, ThermoGenesis Holdings Inc. (NASDAQ:THMO) is 14.45% up. Looking at the short shares, we see there were 15510.0 shares sold at short interest cover period of 0.1 days.
The consensus price target for the stock as assigned by Wall Street analysts is $45.00, meaning bulls need an upside of 91.2% from its recent market value. According to analyst projections, THMO’s forecast low is $45.00 with $45.00 as the target high. To hit the forecast high, the stock’s price needs a -1036.36% plunge from its current level, while the stock would need to soar -1036.36% for it to hit the projected low.
ThermoGenesis Holdings Inc. (THMO) estimates and forecasts
Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for ThermoGenesis Holdings Inc. will rise 94.70%, while the growth in revenue is estimated to hit 93.30% for the next quarter. Year-over-year growth is forecast to reach 23.10% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of $2.89 million. 1 analysts are of the opinion that ThermoGenesis Holdings Inc.’s revenue for the quarter ending Mar 2023 will be $4.5 million. The company’s revenue for the corresponding quarters a year ago was $2.42 million and $2.66 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 19.50%. The estimates for the next quarter sales put growth at 69.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 50.60%. The 2023 estimates are for ThermoGenesis Holdings Inc. earnings to increase by 63.00%.
THMO Dividends
ThermoGenesis Holdings Inc. is expected to release its next quarterly earnings report between March 27 and March 31.
ThermoGenesis Holdings Inc. (NASDAQ:THMO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 26.32% of ThermoGenesis Holdings Inc. shares while 1.30% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.77%. There are 1.30% institutions holding the ThermoGenesis Holdings Inc. stock share, with Renaissance Technologies, LLC the top institutional holder. As of Sep 29, 2022, the company held 0.33% of the shares, roughly 3467.0 THMO shares worth $38754.0.
Vanguard Group, Inc. (The) holds the second largest percentage of outstanding shares, with 0.26% or 2708.0 shares worth $30270.0 as of Sep 29, 2022.
Among Mutual Funds, the top two as of Sep 29, 2022 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 2708.0 shares estimated at $30270.0 under it, the former controlled 0.26% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.07% of the shares, roughly 707.0 shares worth around $4533.0.
