Adaptimmune Therapeutics Plc ADR (NASDAQ: ADAP): The Stock We Should Bet On For Economic Growth In The Months To Come

In today’s recent session, 0.52 million shares of the Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP) have been traded, and its beta is 2.29. Most recently the company’s share price was $0.87, and it changed around -$0.01 or -1.18% from the last close, which brings the market valuation of the company to $222.34M. ADAP at last check was trading at a discount to its 52-week high of $2.05, offering almost -135.63% off that amount. The share price’s 52-week low was $0.42, which indicates that the recent value has risen by an impressive 51.72% since then. We note from Adaptimmune Therapeutics Plc ADR’s average daily trading volume that its 3-month average coming to 1.49 million.

Adaptimmune Therapeutics Plc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.89. If we narrow it down even further, the data shows that 1 out of 8 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended ADAP as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Adaptimmune Therapeutics Plc ADR is expected to report earnings per share of -0.08 for the current quarter.

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Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP) trade information

Instantly ADAP has been showing red trend so far today with a performance of -1.18% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 9.74% year-to-date, but still down -7.13% over the last five days. On the other hand, Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP) is -13.84% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $2.54, which translates to bulls needing to increase their stock price by 65.75% from its current value. Analyst projections state that ADAP is forecast to be at a low of $1 and a high of $3.15.

Adaptimmune Therapeutics Plc ADR (ADAP) estimates and forecasts

Adaptimmune Therapeutics Plc ADR share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 84.09 percent over the past six months and at a 3.17% annual growth rate that is well below the industry average of 15.60%. The year-over-year growth rate is expected to be 2.80%, up from the previous year.

Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 38.48M in revenue for the current quarter. 9 analysts expect Adaptimmune Therapeutics Plc ADR to make 8.45M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 5.13M and 7.32M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 650.10%. Forecasts for the next quarter put sales growth at 15.50%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 10.30%. Adaptimmune Therapeutics Plc ADR earnings are expected to increase by -640.61% in 2024, but the outlook is positive 1.00% per year for the next five years.

ADAP Dividends

Adaptimmune Therapeutics Plc ADR’s next quarterly earnings report is expected to be released in July.