Shattuck Labs Inc (NASDAQ:STTK) has a beta value of 1.75 and has seen 1.23 million shares traded in the last trading session. The company, currently valued at $74.46M, closed the last trade at $1.56 per share which meant it gained $0.02 on the day or 1.30% during that session. The STTK stock price is -653.85% off its 52-week high price of $11.76 and 31.41% above the 52-week low of $1.07. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.51 million shares traded. The 3-month trading volume is 561.28K shares.
The consensus among analysts is that Shattuck Labs Inc (STTK) is Buy stock at the moment, with a recommendation rating of 2.20. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.42.
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Shattuck Labs Inc (NASDAQ:STTK) trade information
Sporting 1.30% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the STTK stock price touched $1.56 or saw a rise of 6.59%. Year-to-date, Shattuck Labs Inc shares have moved -78.12%, while the 5-day performance has seen it change 38.05%. Over the past 30 days, the shares of Shattuck Labs Inc (NASDAQ:STTK) have changed -59.06%. Short interest in the company has seen 5.45 million shares shorted with days to cover at 37.02.
Wall Street analysts have a consensus price target for the stock at $12, which means that the shares’ value could jump 87.0% from current levels. The projected low price target is $8.0 while the price target rests at a high of $16.0. In that case, then, we find that the current price level is -925.64% off the targeted high while a plunge would see the stock gain -412.82% from current levels.
Shattuck Labs Inc (STTK) estimates and forecasts
Figures show that Shattuck Labs Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -82.84% over the past 6 months, with this year growth rate of 23.90%, compared to 17.40% for the industry. Revenue growth from the last financial year stood is estimated to be 110.60%.
4 analysts offering their estimates for the company have set an average revenue estimate of 650k for the current quarter. 4 have an estimated revenue figure of 120k for the next ending quarter. Year-ago sales stood 686k and 714k respectively for this quarter and the next, and analysts expect sales will shrink by -5.20% for the current quarter and 110.60% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -63.20% over the past 5 years.
STTK Dividends
Shattuck Labs Inc is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Shattuck Labs Inc (NASDAQ:STTK)’s Major holders
Insiders own 13.41% of the company shares, while shares held by institutions stand at 73.29% with a share float percentage of 84.65%. Investors are also buoyed by the number of investors in a company, with Shattuck Labs Inc having a total of 104.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 7.13 million shares worth more than $27.53 million. As of 2024-06-30, FMR LLC held 14.1055% of shares outstanding.
The other major institutional holder is REDMILE GROUP, LLC, with the holding of over 5.62 million shares as of 2024-06-30. The firm’s total holdings are worth over $21.68 million and represent 11.1052% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Advisor Biotechnology Fund and Vanguard Total Stock Market Index Fund . As of Aug 31, 2024 , the former fund manager holds about 2.76% shares in the company for having 1.32 shares of worth $2.06 million while later fund manager owns 1.31 shares of worth $2.05 million as of Jun 30, 2024 , which makes it owner of about 2.75% of company’s outstanding stock.
