If All Goes Well, Pyxis Oncology Inc (NASDAQ: PYXS) Could Shrink By -209.6% Or More

During the last session, Pyxis Oncology Inc (NASDAQ:PYXS)’s traded shares were 0.33 million, with the beta value of the company hitting 1.28. At the end of the trading day, the stock’s price was $3.23, reflecting an intraday gain of 2.38% or $0.08. The 52-week high for the PYXS share is $6.85, that puts it down -112.07 from that peak though still a striking 58.2% gain since the share price plummeted to a 52-week low of $1.35. The company’s market capitalization is $191.93M, and the average intraday trading volume over the past 10 days was 0.4 million shares, and the average trade volume was 473.78K shares over the past three months.

Pyxis Oncology Inc (PYXS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. PYXS has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 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 -0.3.

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Pyxis Oncology Inc (NASDAQ:PYXS) trade information

Pyxis Oncology Inc (PYXS) registered a 2.38% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.38% in intraday trading to $3.23, hitting a weekly high. The stock’s 5-day price performance is -8.76%, and it has moved by -11.26% in 30 days. Based on these gigs, the overall price performance for the year is 57.56%. The short interest in Pyxis Oncology Inc (NASDAQ:PYXS) is 4.22 million shares and it means that shorts have 8.84 day(s) to cover.

The consensus price target of analysts on Wall Street is $10, which implies an increase of 67.7% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $10 respectively. As a result, PYXS is trading at a discount of -209.6% off the target high and -116.72% off the low.

Pyxis Oncology Inc (PYXS) estimates and forecasts

Statistics show that Pyxis Oncology Inc has outperformed its competitors in share price, compared to the industry in which it operates. Pyxis Oncology Inc (PYXS) shares have gone down -34.35% during the last six months, with a year-to-date growth rate more than the industry average at 42.16% against 19.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 46.40% this quarter and then jump 15.20% 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 -118.72%. While earnings are projected to return 45.01% in 2024, the next five years will return 34.60% per annum.

PYXS Dividends

Pyxis Oncology Inc is due to release its next quarterly earnings on 2024-Aug-14. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Pyxis Oncology Inc (NASDAQ:PYXS)’s Major holders

Pyxis Oncology Inc insiders own 19.94% of total outstanding shares while institutional holders control 55.00%, with the float percentage being 68.69%. DEEP TRACK CAPITAL, LP is the largest shareholder of the company, while 112.0 institutions own stock in it. As of 2024-06-30, the company held over 4.18 million shares (or 8.1578% of all shares), a total value of $13.85 million in shares.

The next largest institutional holding, with 3.86 million shares, is of LAURION CAPITAL MANAGEMENT LP’s that is approximately 7.5282% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $12.78 million.