During the last session, Shattuck Labs Inc (NASDAQ:STTK)’s traded shares were 0.37 million, with the beta value of the company hitting 1.74. At the end of the trading day, the stock’s price was $3.74, reflecting an intraday gain of 1.08% or $0.04. The 52-week high for the STTK share is $11.76, that puts it down -214.44 from that peak though still a striking 64.44% gain since the share price plummeted to a 52-week low of $1.33. The company’s market capitalization is $178.51M, and the average intraday trading volume over the past 10 days was 0.13 million shares, and the average trade volume was 370.36K shares over the past three months.
Shattuck Labs Inc (STTK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. STTK has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 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 -0.44.
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Shattuck Labs Inc (NASDAQ:STTK) trade information
Shattuck Labs Inc (STTK) registered a 1.08% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.08% in intraday trading to $3.74, hitting a weekly high. The stock’s 5-day price performance is -1.84%, and it has moved by 9.04% in 30 days. Based on these gigs, the overall price performance for the year is 125.30%. The short interest in Shattuck Labs Inc (NASDAQ:STTK) is 5.42 million shares and it means that shorts have 26.25 day(s) to cover.
The consensus price target of analysts on Wall Street is $12, which implies an increase of 68.83% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8 and $16 respectively. As a result, STTK is trading at a discount of -327.81% off the target high and -113.9% off the low.
Shattuck Labs Inc (STTK) estimates and forecasts
Statistics show that Shattuck Labs Inc has underperformed its competitors in share price, compared to the industry in which it operates. Shattuck Labs Inc (STTK) shares have gone down -62.30% during the last six months, with a year-to-date growth rate less than the industry average at 16.10% against 17.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 32.30% this quarter and then drop -9.80% in the quarter after that. In the rating firms’ projections, revenue will increase 159.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 850k as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 720k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 686k and 714k respectively. In this case, analysts expect current quarter sales to grow by 23.90% and then jump by 0.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -63.20%. While earnings are projected to return 16.84% in 2024.
STTK Dividends
Shattuck Labs Inc is due to release its next quarterly earnings on 2024-Nov-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Shattuck Labs Inc (NASDAQ:STTK)’s Major holders
Shattuck Labs Inc insiders own 13.34% of total outstanding shares while institutional holders control 73.38%, with the float percentage being 84.67%. FMR LLC is the largest shareholder of the company, while 104.0 institutions own stock in it. As of 2024-06-30, the company held over 7.13 million shares (or 14.1055% of all shares), a total value of $27.53 million in shares.
The next largest institutional holding, with 5.62 million shares, is of REDMILE GROUP, LLC’s that is approximately 11.1052% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $21.68 million.
