Science 37 Holdings Inc. (NASDAQ:SNCE)’s traded shares stood at 2.27 million during the last session. At the close of trading, the stock’s price was $0.24, to imply an increase of 12.31% or $0.02 in intraday trading. The SNCE share’s 52-week high remains $6.51, putting it -2612.5% down since that peak but still an impressive 12.5% since price per share fell to its 52-week low of $0.21. The company has a valuation of $32.48M, with an average of 1.25 million shares in intraday trading volume over the past 10 days and average of 653.68K shares over the past 3 months.
Analysts have given a consensus recommendation of an Overweight for Science 37 Holdings Inc. (SNCE), translating to a mean rating of 2.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give SNCE a Sell rating. 1 of those analysts rate the stock as Overweight while 1 advise Hold as 3 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 -$0.18.
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Science 37 Holdings Inc. (NASDAQ:SNCE) trade information
After registering a 12.31% upside in the last session, Science 37 Holdings Inc. (SNCE) has traded red over the past five days. The stock hit a weekly high of 0.2850 this Wednesday, 03/15/23, jumping 12.31% in its intraday price action. The 5-day price performance for the stock is -10.15%, and -39.94% over 30 days. With these gigs, the year-to-date price performance is -41.57%. Short interest in Science 37 Holdings Inc. (NASDAQ:SNCE) saw shorts transact 1.06 million shares and set a 2.71 days time to cover.
Analysts on Wall Street suggest a consensus price target of $1.88, implying an increase of 87.23% to the stock’s current value. The extremes give us $1.00 and $2.50 for target low and target high price respectively. As such, SNCE has been trading -941.67% off suggested target high and -316.67% from its likely low.
Science 37 Holdings Inc. (SNCE) estimates and forecasts
Looking at statistics comparing Science 37 Holdings Inc. share performance against respective industry, we note that the company has outperformed competitors. Science 37 Holdings Inc. (SNCE) shares are -87.23% down over the last 6 months, with its year-to-date growth rate higher than industry average at 38.57% against 9.90%. Revenue is forecast to grow 18.20% this quarter before jumping 11.10% for the next one. The rating firms project that company’s revenue will grow 14.80% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is $14.21 million. Meanwhile, for the quarter ending Mar 2023, a total of 5 analyst(s) estimate revenue growth to $15.56 million.Earnings reports from the last fiscal year show that sales brought in $20.38 million and $18.69 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -30.30% before dropping -16.70% in the following quarter.
SNCE Dividends
Science 37 Holdings Inc. has its next earnings report out between May 08 and May 12. 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. Science 37 Holdings 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%.
Science 37 Holdings Inc. (NASDAQ:SNCE)’s Major holders
Science 37 Holdings Inc. insiders hold 22.09% of total outstanding shares, with institutional holders owning 61.47% of the shares at 78.90% float percentage. In total, 61.47% institutions holds shares in the company, led by Redmile Group, LLC. As of Sep 29, 2022, the company held over 19.81 million shares (or 16.98% of shares), all amounting to roughly $31.89 million.
The next major institution holding the largest number of shares is RTW Investments LP with 4.33 million shares, or about 3.71% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $6.97 million.
We also have Fidelity Small Cap Stock Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Science 37 Holdings Inc. (SNCE) shares. Going by data provided on Nov 29, 2022, Fidelity Small Cap Stock Fund holds roughly 3.38 million shares. This is just over 2.90% of the total shares, with a market valuation of $2.01 million. Data from the same date shows that the other fund manager holds a little less at 2.09 million, or 1.79% of the shares, all valued at about 3.36 million.
