ITeos Therapeutics Inc (NASDAQ: ITOS): Is This The Time To Buy?

ITeos Therapeutics Inc (NASDAQ:ITOS)’s traded shares stood at 0.79 million during the last session, with the company’s beta value hitting 1.39. At the close of trading, the stock’s price was $16.70, to imply a decrease of -1.18% or -$0.2 in intraday trading. The ITOS share’s 52-week high remains $18.75, putting it -12.28% down since that peak but still an impressive 50.9% since price per share fell to its 52-week low of $8.20. The company has a valuation of $609.88M, with an average of 0.59 million shares in intraday trading volume over the past 10 days and average of 376.58K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for ITeos Therapeutics Inc (ITOS), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give ITOS a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 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 -0.89.

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ITeos Therapeutics Inc (NASDAQ:ITOS) trade information

After registering a -1.18% downside in the last session, ITeos Therapeutics Inc (ITOS) has traded red over the past five days. The 5-day price performance for the stock is 12.84%, and 10.74% over 30 days. With these gigs, the year-to-date price performance is 52.51%. Short interest in ITeos Therapeutics Inc (NASDAQ:ITOS) saw shorts transact 2.61 million shares and set a 9.04 days time to cover.

The extremes give us $31 and $46 for target low and target high price respectively. As such, ITOS has been trading -175.45% off suggested target high and -85.63% from its likely low.

ITeos Therapeutics Inc (ITOS) estimates and forecasts

Looking at statistics comparing ITeos Therapeutics Inc share performance against respective industry, we note that the company has underperformed competitors. ITeos Therapeutics Inc (ITOS) shares are 55.64% up over the last 6 months, with its year-to-date growth rate lower than industry average at -33.65% against 17.20%. The rating firms project that company’s revenue will grow 263.90% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is 16.67M. Meanwhile, for the current quarter, a total of 5.0 analyst(s) estimate revenue growth to nan.Earnings reports from the last fiscal year show that sales brought in nan and nan respectively in the corresponding quarters.

ITOS Dividends

ITeos Therapeutics Inc has its next earnings report out on 2024-Nov-05. 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.

ITeos Therapeutics Inc (NASDAQ:ITOS)’s Major holders

ITeos Therapeutics Inc insiders hold 0.70% of total outstanding shares, with institutional holders owning 103.08% of the shares at 103.80% float percentage. In total, 103.08% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 3.73 million shares (or 10.4094% of shares), all amounting to roughly $55.37 million.

The next major institution holding the largest number of shares is RA CAPITAL MANAGEMENT, L.P. with 3.52 million shares, or about 9.8129% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $52.2 million.