Why To Invest In Agenus Inc (NASDAQ: AGEN) Stock?

In the latest trading session, 0.56 million Agenus Inc (NASDAQ:AGEN) shares changed hands as the company’s beta touched 1.30. With the company’s most recent per share price at $12.69 changed hands at -$0.26 or -1.98% at last look, the market valuation stands at $257.43M. AGEN’s current price is a discount, trading about -235.7% off its 52-week high of $42.60. The share price had its 52-week low at $4.78, which suggests the last value was 62.33% up since then. When we look at Agenus Inc’s average trading volume, we note the 3-month average coming to 792.60K.

Agenus Inc (NASDAQ:AGEN) trade information

Instantly AGEN was in red as seen in intraday trades today. With action 4.73%, the performance over the past five days has been green. The drop to weekly highs of 14.04 subtracted -1.98% to the stock’s daily price. The company’s shares are showing year-to-date downside of -23.34%, with the 5-day performance at 4.73% in the green. However, in the 30-day time frame, Agenus Inc (NASDAQ:AGEN) is 36.35% up.

Agenus Inc (AGEN) estimates and forecasts

Data shows that the Agenus Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -24.88% over the past 6 months, a 40.51% in annual growth rate that is considerably higher than the industry average of 13.10%. Year-over-year growth is forecast to reach 31.90% up from the last financial year.

Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 40.7M. 5 analysts are of the opinion that Agenus Inc’s revenue for the current quarter will be 57.25M. The company’s revenue for the corresponding quarters a year ago was 22.9M and 24.12M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 77.70%. The estimates for the next quarter sales put growth at 137.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 13.79%. The 2024 estimates are for Agenus Inc earnings to increase by 25.68%.