HilleVax Inc (NASDAQ: HLVX) Is Worth Evaluating At $1.91

During the last session, HilleVax Inc (NASDAQ:HLVX)’s traded shares were 1.03 million, with the beta value of the company hitting 0.80. At the end of the trading day, the stock’s price was $1.91, reflecting an intraday loss of -1.04% or -$0.02. The 52-week high for the HLVX share is $20.22, that puts it down -958.64 from that peak though still a striking 18.85% gain since the share price plummeted to a 52-week low of $1.55. The company’s market capitalization is $95.08M, and the average intraday trading volume over the past 10 days was 0.48 million shares, and the average trade volume was 1.09 million shares over the past three months.

HilleVax Inc (HLVX) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.00. HLVX has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.42.

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HilleVax Inc (NASDAQ:HLVX) trade information

HilleVax Inc (HLVX) registered a -1.04% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.04% in intraday trading to $1.91, hitting a weekly high. The stock’s 5-day price performance is -4.50%, and it has moved by 1.60% in 30 days. Based on these gigs, the overall price performance for the year is -84.88%. The short interest in HilleVax Inc (NASDAQ:HLVX) is 1.89 million shares and it means that shorts have 2.25 day(s) to cover.

The consensus price target of analysts on Wall Street is $32, which implies an increase of 94.03% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $30 and $34 respectively. As a result, HLVX is trading at a discount of -1680.1% off the target high and -1470.68% off the low.

HilleVax Inc (HLVX) estimates and forecasts

Statistics show that HilleVax Inc has outperformed its competitors in share price, compared to the industry in which it operates. HilleVax Inc (HLVX) shares have gone down -88.89% during the last six months, with a year-to-date growth rate more than the industry average at 18.75% against 18.20. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 48.10% this quarter and then jump 60.30% in the quarter after that.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -241.80%. While earnings are projected to return 12.12% in 2024.

HLVX Dividends

HilleVax Inc is due to release its next quarterly earnings in September. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

HilleVax Inc (NASDAQ:HLVX)’s Major holders

HilleVax Inc insiders own 17.12% of total outstanding shares while institutional holders control 92.31%, with the float percentage being 111.37%. FRAZIER LIFE SCIENCES MANAGEMENT, L.P. is the largest shareholder of the company, while 143.0 institutions own stock in it. As of 2024-06-30, the company held over 10.62 million shares (or 21.9088% of all shares), a total value of $153.52 million in shares.

The next largest institutional holding, with 4.0 million shares, is of DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C)’s that is approximately 8.2629% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $57.9 million.