Biolife Solutions Inc (NASDAQ:BLFS): Buy, Sell Or Hold At $18.03?

In last trading session, Biolife Solutions Inc (NASDAQ:BLFS) saw 0.37 million shares changing hands with its beta currently measuring 1.76. Company’s recent per share price level of $18.03 trading at -$0.13 or -0.72% at ring of the bell on the day assigns it a market valuation of $816.76M. That closing price of BLFS’s stock is at a discount of -35.88% from its 52-week high price of $24.50 and is indicating a premium of 50.53% from its 52-week low price of $8.92. Taking a look at company’s average trading volume volume of 386.97K if we extend that period to 3-months.

Biolife Solutions Inc (NASDAQ:BLFS) trade information

Upright in the red during last session for losing -0.72%, in the last five days BLFS remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $18.03 price level, adding 4.04% to its value on the day. Biolife Solutions Inc’s shares saw a change of 10.95% in year-to-date performance and have moved 2.85% in past 5-day. Biolife Solutions Inc (NASDAQ:BLFS) showed a performance of 2.97% in past 30-days.

Biolife Solutions Inc (BLFS) estimates and forecasts

Statistics highlight that Biolife Solutions Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 76.25% of value to its shares in past 6 months, showing an annual growth rate of 56.58% while that of industry is 18.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -26.20% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 26.01M for the same. And 8 analysts are in estimates of company making revenue of 24.19M in the next quarter. Company posted 37.7M and 39.51M of sales in current and next quarters respectively a year earlier.

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 0.51% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 42.31% while estimates for its earnings growth in next 5 years are of 10.00%.

BLFS Dividends

Biolife Solutions Inc is more likely to be releasing its next quarterly report in June 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.