ImmunityBio Inc (NASDAQ:IBRX) has a beta value of 0.91 and has seen 2.28 million shares traded in the last trading session. The company, currently valued at $2.75B, closed the last trade at $3.95 per share which meant it gained $0.15 on the day or 3.95% during that session. The IBRX stock price is -166.58% off its 52-week high price of $10.53 and 68.35% above the 52-week low of $1.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.66 million shares traded. The 3-month trading volume is 3.16 million shares.
The consensus among analysts is that ImmunityBio Inc (IBRX) is Sell stock at the moment, with a recommendation rating of 2.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
ImmunityBio Inc (NASDAQ:IBRX) trade information
Sporting 3.95% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the IBRX stock price touched $3.95 or saw a rise of 10.84%. Year-to-date, ImmunityBio Inc shares have moved -21.31%, while the 5-day performance has seen it change -7.06%. Over the past 30 days, the shares of ImmunityBio Inc (NASDAQ:IBRX) have changed -17.54%. Short interest in the company has seen 49.18 million shares shorted with days to cover at 15.93.
Wall Street analysts have a consensus price target for the stock at $8, which means that the shares’ value could jump 50.62% from current levels. The projected low price target is $8.0 while the price target rests at a high of $8.0. In that case, then, we find that the current price level is -102.53% off the targeted high while a plunge would see the stock gain -102.53% from current levels.
ImmunityBio Inc (IBRX) estimates and forecasts
Figures show that ImmunityBio Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -16.14% over the past 6 months, with this year growth rate of 13.13%, compared to 18.00% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 1.17% over the past 5 years. Earnings growth for 2024 is a modest 25.22% while over the next 5 years, the company’s earnings are expected to decrease by -1.70%.
IBRX Dividends
ImmunityBio Inc is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
ImmunityBio Inc (NASDAQ:IBRX)’s Major holders
Insiders own 77.04% of the company shares, while shares held by institutions stand at 9.14% with a share float percentage of 39.82%. Investors are also buoyed by the number of investors in a company, with ImmunityBio Inc having a total of 257.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 13.83 million shares worth more than $87.42 million. As of 2024-06-30, VANGUARD GROUP INC held 2.0558% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 11.42 million shares as of 2024-06-30. The firm’s total holdings are worth over $72.19 million and represent 1.6978% of shares outstanding.
