In the last trading session, 1.22 million Karyopharm Therapeutics Inc (NASDAQ:KPTI) shares changed hands as the company’s beta touched 0.20. With the company’s per share price at $0.76 changed hands at -$0.07 or -8.75% during last session, the market valuation stood at $94.43M. KPTI’s last price was a discount, traded about -156.58% off its 52-week high of $1.95. The share price had its 52-week low at $0.62, which suggests the last value was 18.42% up since then. When we look at Karyopharm Therapeutics Inc’s average trading volume, we note the 10-day average is 0.89 million shares, with the 3-month average coming to 761.90K.
Analysts gave the Karyopharm Therapeutics Inc (KPTI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.57. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended KPTI as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Karyopharm Therapeutics Inc’s EPS for the current quarter is expected to be -0.26.
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Karyopharm Therapeutics Inc (NASDAQ:KPTI) trade information
Instantly KPTI was in red as seen at the end of in last trading. With action 7.69%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -12.44%, with the 5-day performance at 7.69% in the green. However, in the 30-day time frame, Karyopharm Therapeutics Inc (NASDAQ:KPTI) is -0.37% down. Looking at the short shares, we see there were 17.93 million shares sold at short interest cover period of 37.34 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 84.8% from its current market value. According to analyst projections, KPTI’s forecast low is 3 with 14 as the target high. To hit the forecast high, the stock’s price needs a -1742.11% plunge from its current level, while the stock would need to soar -294.74% for it to hit the projected low.
Karyopharm Therapeutics Inc (KPTI) estimates and forecasts
Data shows that the Karyopharm Therapeutics Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -45.71% over the past 6 months, a 25.60% in annual growth rate that is considerably higher than the industry average of 20.00%. Year-over-year growth is forecast to reach 4.30% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 37.96M. 7 analysts are of the opinion that Karyopharm Therapeutics Inc’s revenue for the current quarter will be 38.46M. The company’s revenue for the corresponding quarters a year ago was 36.01M and 33.75M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.40%. The estimates for the next quarter sales put growth at 14.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 16.79%. The 2024 estimates are for Karyopharm Therapeutics Inc earnings to increase by 40.91%.
KPTI Dividends
Karyopharm Therapeutics Inc is expected to release its next quarterly earnings report in November.
Karyopharm Therapeutics Inc (NASDAQ:KPTI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.07% of Karyopharm Therapeutics Inc shares while 56.69% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 60.36%. There are 56.69% institutions holding the Karyopharm Therapeutics Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 6.6299% of the shares, roughly 7.65 million KPTI shares worth $6.64 million.
PALO ALTO INVESTORS LP holds the second largest percentage of outstanding shares, with 4.4192% or 5.1 million shares worth $4.43 million as of 2024-06-30.
