Do You Like ARS Pharmaceuticals Inc (NASDAQ:SPRY) At $14.32?

In last trading session, ARS Pharmaceuticals Inc (NASDAQ:SPRY) saw 0.62 million shares changing hands with its beta currently measuring 0.90. Company’s recent per share price level of $14.32 trading at -$0.19 or -1.31% at ring of the bell on the day assigns it a market valuation of $1.39B. That closing price of SPRY’s stock is at a discount of -15.22% from its 52-week high price of $16.50 and is indicating a premium of 76.61% from its 52-week low price of $3.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.14 million shares which gives us an average trading volume of 1.14 million if we extend that period to 3-months.

For ARS Pharmaceuticals Inc (SPRY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.15 in the current quarter.

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ARS Pharmaceuticals Inc (NASDAQ:SPRY) trade information

Upright in the red during last session for losing -1.31%, in the last five days SPRY remained trading in the red while hitting it’s week-highest on Thursday, 09/26/24 when the stock touched $14.32 price level, adding 5.91% to its value on the day. ARS Pharmaceuticals Inc’s shares saw a change of 161.31% in year-to-date performance and have moved -3.05% in past 5-day. ARS Pharmaceuticals Inc (NASDAQ:SPRY) showed a performance of 4.22% in past 30-days. Number of shares sold short was 11.64 million shares which calculate 8.0 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a rise of 34.91% to its current value. Analysts have been projecting 18 as a low price target for the stock while placing it at a high target of 30. It follows that stock’s current price would drop -25.7% in reaching the projected high whereas dropping to the targeted low would mean a loss of -25.7% for stock’s current value.

ARS Pharmaceuticals Inc (SPRY) estimates and forecasts

Statistics highlight that ARS Pharmaceuticals Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 40.12% of value to its shares in past 6 months, showing an annual growth rate of -15.79% while that of industry is 20.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 16,933.30% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 560k for the same. And 4 analysts are in estimates of company making revenue of 4.05M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -1.44% during past 5 years.

ARS Pharmaceuticals Inc (NASDAQ:SPRY)’s Major holders

Insiders are in possession of 23.46% of company’s total shares while institution are holding 64.35 percent of that, with stock having share float percentage of 84.08%. Investors also watch the number of corporate investors in a company very closely, which is 64.35% institutions for ARS Pharmaceuticals Inc that are currently holding shares of the company.