During the recent session, Seres Therapeutics Inc (NASDAQ:MCRB)’s traded shares were 1.14 million, with the beta value of the company hitting 2.04. The 52-week high for the MCRB share is $3.67, that puts it down -353.09 from that peak though still a striking 33.33% gain since the share price plummeted to a 52-week low of $0.54. The company’s market capitalization is $123.30M, and the average intraday trading volume over the past 10 days was 1.51 million shares, and the average trade volume was 3.90 million shares over the past three months.
Seres Therapeutics Inc (MCRB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.33. MCRB has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 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 -0.24.
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Seres Therapeutics Inc (NASDAQ:MCRB) trade information
Seres Therapeutics Inc (MCRB) registered a 0.47% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.47% in intraday trading to $0.81, hitting a weekly high. The stock’s 5-day price performance is -5.51%, and it has moved by -39.36% in 30 days. Based on these gigs, the overall price performance for the year is -77.17%. The short interest in Seres Therapeutics Inc (NASDAQ:MCRB) is 16.75 million shares and it means that shorts have 4.03 day(s) to cover.
The consensus price target of analysts on Wall Street is $1.25, which implies an increase of 35.2% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.25 and $1.25 respectively. As a result, MCRB is trading at a discount of -54.32% off the target high and -54.32% off the low.
Seres Therapeutics Inc (MCRB) estimates and forecasts
Statistics show that Seres Therapeutics Inc has underperformed its competitors in share price, compared to the industry in which it operates. Seres Therapeutics Inc (MCRB) shares have gone down -28.72% during the last six months, with a year-to-date growth rate less than the industry average at -6.74% against 18.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 35.10% this quarter and then jump 34.40% in the quarter after that.
As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.87M and 64k respectively.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 18.22%. While earnings are projected to return 11.24% in 2024.
MCRB Dividends
Seres Therapeutics Inc is due to release its next quarterly earnings on 2024-Oct-31. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Seres Therapeutics Inc (NASDAQ:MCRB)’s Major holders
Seres Therapeutics Inc insiders own 5.44% of total outstanding shares while institutional holders control 45.41%, with the float percentage being 48.02%. FLAGSHIP PIONEERING INC. is the largest shareholder of the company, while 112.0 institutions own stock in it. As of 2024-06-30, the company held over 23.12 million shares (or 15.8226% of all shares), a total value of $16.73 million in shares.
The next largest institutional holding, with 22.72 million shares, is of FMR LLC’s that is approximately 15.5489% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $16.44 million.
Also, the Mutual Funds coming in first place with the largest holdings of Seres Therapeutics Inc (MCRB) shares are Fidelity Growth Company Fund and Vanguard Total Stock Market Index Fund . Data provided on Jun 30, 2024 indicates that Fidelity Growth Company Fund owns about 6.86 shares. This amounts to just over 4.52 percent of the company’s overall shares, with a $5.53 million market value. The same data shows that the other fund manager holds slightly less at 2.97, or about 1.96% of the stock, which is worth about $2.4 million.
