Kymera Therapeutics Inc (NASDAQ: KYMR) Is A Good Bet For Risk-Tolerant Investors

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Kymera Therapeutics Inc (NASDAQ:KYMR)’s traded shares stood at 0.63 million during the last session, with the company’s beta value hitting 2.22. At the close of trading, the stock’s price was $47.78, to imply an increase of 4.21% or $1.93 in intraday trading. The KYMR share’s 52-week high remains $49.06, putting it -2.68% down since that peak but still an impressive 79.91% since price per share fell to its 52-week low of $9.60. The company has a valuation of $3.05B, with an average of 0.44 million shares in intraday trading volume over the past 10 days and average of 606.93K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Kymera Therapeutics Inc (KYMR), translating to a mean rating of 1.71. Of 8 analyst(s) looking at the stock, 0 analyst(s) give KYMR a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.84.

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Kymera Therapeutics Inc (NASDAQ:KYMR) trade information

After registering a 4.21% upside in the last session, Kymera Therapeutics Inc (KYMR) has traded red over the past five days. The 5-day price performance for the stock is 9.09%, and 8.49% over 30 days. With these gigs, the year-to-date price performance is 87.67%. Short interest in Kymera Therapeutics Inc (NASDAQ:KYMR) saw shorts transact 9.85 million shares and set a 13.56 days time to cover.

The extremes give us $31 and $80 for target low and target high price respectively. As such, KYMR has been trading -67.43% off suggested target high and 35.12% from its likely low.

Kymera Therapeutics Inc (KYMR) estimates and forecasts

Looking at statistics comparing Kymera Therapeutics Inc share performance against respective industry, we note that the company has underperformed competitors. Kymera Therapeutics Inc (KYMR) shares are 14.20% up over the last 6 months, with its year-to-date growth rate lower than industry average at -13.49% against 18.60%. Revenue is forecast to grow 6.70% this quarter before falling -236.00% for the next one. The rating firms project that company’s revenue will shrink -27.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 15 analysts is 10.59M. Meanwhile, for the current quarter, a total of 14 analyst(s) estimate revenue growth to 10.99M.Earnings reports from the last fiscal year show that sales brought in 4.73M and 47.88M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 124.00% before dropping -77.00% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -39.18% for the past 5-year period. While 2024 is set for a -16.28% return in earnings, projections for the next 5 years are at 1.90% annually.

KYMR Dividends

Kymera Therapeutics Inc has its next earnings report out on 2024-Oct-31. 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.

Kymera Therapeutics Inc (NASDAQ:KYMR)’s Major holders

Kymera Therapeutics Inc insiders hold 1.28% of total outstanding shares, with institutional holders owning 106.11% of the shares at 107.49% float percentage. In total, 106.11% institutions holds shares in the company, led by PRICE T ROWE ASSOCIATES INC /MD/. As of 2024-06-30, the company held over 6.39 million shares (or 9.0301% of shares), all amounting to roughly $190.76 million.

The next major institution holding the largest number of shares is BAKER BROS. ADVISORS LP with 6.0 million shares, or about 8.4724% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $178.98 million.

We also have Price (T.Rowe) New Horizons Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Kymera Therapeutics Inc (KYMR) shares. Going by data provided on Mar 31, 2024 , Price (T.Rowe) New Horizons Fund holds roughly 2.99 shares. This is just over 4.84% of the total shares, with a market valuation of $142.71 million. Data from the same date shows that the other fund manager holds a little less at 1.58, or 2.57% of the shares, all valued at about 75.69 million.