Should You Expect Geron Corp. (NASDAQ:GERN) To Recover From Its 56.96% Gain From Highs?

ZM Stock

Geron Corp. (NASDAQ:GERN)’s traded shares stood at 8.9 million during the last session, with the company’s beta value hitting 0.45. At the close of trading, the stock’s price was $3.81, to imply a decrease of -1.55% or -$0.06 in intraday trading. The GERN share’s 52-week high remains $4.30, putting it -12.86% down since that peak but still an impressive 56.96% since price per share fell to its 52-week low of $1.64. The company has a valuation of $2.26B, with an average of 13.33 million shares over the past 3 months.

Geron Corp. (NASDAQ:GERN) trade information

After registering a -1.55% downside in the last session, Geron Corp. (GERN) has traded red over the past five days. The stock hit a weekly high of 4.20, dropping -1.55% in its intraday price action. The 5-day price performance for the stock is -6.62%, and 11.08% over 30 days. With these gigs, the year-to-date price performance is 80.57%.

Geron Corp. (GERN) estimates and forecasts

Looking at statistics comparing Geron Corp. share performance against respective industry, we note that the company has underperformed competitors. Geron Corp. (GERN) shares are 92.42% up over the last 6 months, with its year-to-date growth rate lower than industry average at -6.25% against 13.20%. The rating firms project that company’s revenue will grow 23,798.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 7 analysts is 60k. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 19.5M.Earnings reports from the last fiscal year show that sales brought in 29k and 164k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 106.90% before jumping 11,790.20% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -16.08% for the past 5-year period. While 2024 is set for a -5.80% return in earnings, projections for the next 5 years are at 5.00% annually.

GERN Dividends

Geron Corp. has its next earnings report out in June. 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. Geron Corp. 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%.