During the last session, Kodiak Sciences Inc (NASDAQ:KOD)’s traded shares were 0.32 million, with the beta value of the company hitting 2.34. At the end of the trading day, the stock’s price was $2.64, reflecting an intraday gain of 2.33% or $0.06. The 52-week high for the KOD share is $7.77, that puts it down -194.32 from that peak though still a striking 48.11% gain since the share price plummeted to a 52-week low of $1.37. The company’s market capitalization is $138.89M, and the average intraday trading volume over the past 10 days was 0.14 million shares, and the average trade volume was 240.11K shares over the past three months.
Kodiak Sciences Inc (KOD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 4.00. KOD has a Sell rating from 1 analyst(s) out of 8 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 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 -0.9.
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Kodiak Sciences Inc (NASDAQ:KOD) trade information
Kodiak Sciences Inc (KOD) registered a 2.33% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.33% in intraday trading to $2.64, hitting a weekly high. The stock’s 5-day price performance is -2.58%, and it has moved by -5.38% in 30 days. Based on these gigs, the overall price performance for the year is 26.32%. The short interest in Kodiak Sciences Inc (NASDAQ:KOD) is 1.79 million shares and it means that shorts have 9.81 day(s) to cover.
The consensus price target of analysts on Wall Street is $15, which implies an increase of 82.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8 and $114 respectively. As a result, KOD is trading at a discount of -4218.18% off the target high and -203.03% off the low.
Kodiak Sciences Inc (KOD) estimates and forecasts
Statistics show that Kodiak Sciences Inc has outperformed its competitors in share price, compared to the industry in which it operates. Kodiak Sciences Inc (KOD) shares have gone down -54.17% during the last six months, with a year-to-date growth rate more than the industry average at 29.18% against 17.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 5.30% this quarter and then jump 16.80% 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 -12.42%. While earnings are projected to return 29.13% in 2024, the next five years will return 12.40% per annum.
KOD Dividends
Kodiak Sciences Inc is due to release its next quarterly earnings on 2024-Nov-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Kodiak Sciences Inc (NASDAQ:KOD)’s Major holders
Kodiak Sciences Inc insiders own 5.66% of total outstanding shares while institutional holders control 76.99%, with the float percentage being 81.61%. BAKER BROS. ADVISORS LP is the largest shareholder of the company, while 149.0 institutions own stock in it. As of 2024-06-30, the company held over 17.31 million shares (or 32.9658% of all shares), a total value of $40.68 million in shares.
The next largest institutional holding, with 3.85 million shares, is of BLACKROCK INC.’s that is approximately 7.3258% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $9.04 million.
