Ideaya Biosciences Inc (NASDAQ:IDYA)’s traded shares stood at 0.64 million during the last session, with the company’s beta value hitting 0.85. At the close of trading, the stock’s price was $29.97, to imply an increase of 2.46% or $0.72 in intraday trading. The IDYA share’s 52-week high remains $47.74, putting it -59.29% down since that peak but still an impressive 21.89% since price per share fell to its 52-week low of $23.41. The company has a valuation of $2.53B, with an average of 1.29 million shares in intraday trading volume over the past 10 days and average of 873.31K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Ideaya Biosciences Inc (IDYA), translating to a mean rating of 1.08. Of 11 analyst(s) looking at the stock, 0 analyst(s) give IDYA a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 10 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 -0.67.
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Ideaya Biosciences Inc (NASDAQ:IDYA) trade information
After registering a 2.46% upside in the last session, Ideaya Biosciences Inc (IDYA) has traded red over the past five days. The 5-day price performance for the stock is -2.69%, and -19.80% over 30 days. With these gigs, the year-to-date price performance is -15.77%. Short interest in Ideaya Biosciences Inc (NASDAQ:IDYA) saw shorts transact 11.7 million shares and set a 26.66 days time to cover.
The extremes give us $18 and $66 for target low and target high price respectively. As such, IDYA has been trading -120.22% off suggested target high and 39.94% from its likely low.
Ideaya Biosciences Inc (IDYA) estimates and forecasts
Looking at statistics comparing Ideaya Biosciences Inc share performance against respective industry, we note that the company has underperformed competitors. Ideaya Biosciences Inc (IDYA) shares are -29.50% down over the last 6 months, with its year-to-date growth rate lower than industry average at -28.06% against 17.60%. Revenue is forecast to shrink -45.70% this quarter before falling -25.00% for the next one. The rating firms project that company’s revenue will shrink -64.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 12 analysts is 3.75M. Meanwhile, for the current quarter, a total of 12 analyst(s) estimate revenue growth to 5.34M.Earnings reports from the last fiscal year show that sales brought in 8.04M and 3.92M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -53.30% before jumping 36.10% in the following quarter.
IDYA Dividends
Ideaya Biosciences 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.
Ideaya Biosciences Inc (NASDAQ:IDYA)’s Major holders
Ideaya Biosciences Inc insiders hold 1.06% of total outstanding shares, with institutional holders owning 102.15% of the shares at 103.25% float percentage. In total, 102.15% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 11.27 million shares (or 14.4557% of shares), all amounting to roughly $395.69 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 6.81 million shares, or about 8.7321% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $239.02 million.
