In last trading session, Personalis Inc (NASDAQ:PSNL) saw 0.45 million shares changing hands with its beta currently measuring 1.95. Company’s recent per share price level of $1.27 trading at -$0.1 or -6.93% at ring of the bell on the day assigns it a market valuation of $64.39M. That closing price of PSNL’s stock is at a discount of -157.48% from its 52-week high price of $3.27 and is indicating a premium of 29.92% from its 52-week low price of $0.89. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.22 million shares which gives us an average trading volume of 376.61K if we extend that period to 3-months.
Personalis Inc (NASDAQ:PSNL) trade information
Upright in the red during last session for losing -6.93%, in the last five days PSNL remained trading in the red while hitting it’s week-highest on Tuesday, 04/09/24 when the stock touched $1.27 price level, adding 13.6% to its value on the day. Personalis Inc’s shares saw a change of -39.29% in year-to-date performance and have moved -8.27% in past 5-day. Personalis Inc (NASDAQ:PSNL) showed a performance of -24.56% in past 30-days. Number of shares sold short was 1.08 million shares which calculate 2.75 days to cover the short interests.
Personalis Inc (PSNL) estimates and forecasts
Statistics highlight that Personalis Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 19.16% of value to its shares in past 6 months, showing an annual growth rate of 27.19% while that of industry is 21.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 32.80% in the current quarter and calculating 22.00% increase in the next quarter. This year revenue growth is estimated to rise 0.80% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $18.32 million for the same. And 4 analysts are in estimates of company making revenue of $18.49 million in the next quarter that will end on Jun 2024. Company posted $18.86 million and $16.49 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -2.90% while estimating it to be 12.10% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -28.46% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 29.75% while estimates for its earnings growth in next 5 years are of -13.70%.
PSNL Dividends
Personalis Inc is more likely to be releasing its next quarterly report between May 01 and May 06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Personalis Inc (NASDAQ:PSNL)’s Major holders
Insiders are in possession of 0.82% of company’s total shares while institution are holding 58.15 percent of that, with stock having share float percentage of 58.63%. Investors also watch the number of corporate investors in a company very closely, which is 58.15% institutions for Personalis Inc that are currently holding shares of the company. ARK Investment Management, LLC is the top institutional holder at PSNL for having 5.72 million shares of worth $6.92 million. And as of Sep 29, 2023, it was holding 11.79% of the company’s outstanding shares.
The second largest institutional holder is JP Morgan Chase & Company, which was holding about 3.59 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 7.39% of outstanding shares, having a total worth of $6.74 million.
On the other hand, ARK ETF Tr-ARK Genomic Revolution ETF and JP Morgan Small Cap Growth Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 5.67 million shares of worth $6.86 million or 11.68% of the total outstanding shares. The later fund manager was in possession of 1.57 million shares on Jun 29, 2023, making its stake of worth around $2.96 million in the company or a holder of 3.25% of company’s stock.
