Is Voyager Therapeutics Inc (NASDAQ: VYGR) A Disaster Waiting To Happen Or Is It A Chance To Make Money?

In the last trading session, 2.48 million Voyager Therapeutics Inc (NASDAQ:VYGR) shares changed hands as the company’s beta touched 0.92. With the company’s per share price at $6.19 changed hands at -$1.47 or -19.19% during last session, the market valuation stood at $337.54M. VYGR’s last price was a discount, traded about -89.34% off its 52-week high of $11.72. The share price had its 52-week low at $5.71, which suggests the last value was 7.75% up since then. When we look at Voyager Therapeutics Inc’s average trading volume, we note the 10-day average is 0.55 million shares, with the 3-month average coming to 468.72K.

Analysts gave the Voyager Therapeutics Inc (VYGR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.30. 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, 1 recommended VYGR as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Voyager Therapeutics Inc’s EPS for the current quarter is expected to be -0.45.

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Voyager Therapeutics Inc (NASDAQ:VYGR) trade information

Instantly VYGR was in red as seen at the end of in last trading. With action -9.64%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -26.66%, with the 5-day performance at -9.64% in the red. However, in the 30-day time frame, Voyager Therapeutics Inc (NASDAQ:VYGR) is 1.48% up. Looking at the short shares, we see there were 2.99 million shares sold at short interest cover period of 6.27 days.

The consensus price target for the stock as assigned by Wall Street analysts is 16, meaning bulls need an upside of 61.31% from its current market value. According to analyst projections, VYGR’s forecast low is 8 with 18 as the target high. To hit the forecast high, the stock’s price needs a -190.79% plunge from its current level, while the stock would need to soar -29.24% for it to hit the projected low.

Voyager Therapeutics Inc (VYGR) estimates and forecasts

Data shows that the Voyager Therapeutics Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -19.08% over the past 6 months, a -142.76% in annual growth rate that is considerably lower than the industry average of 17.20%. Year-over-year growth is forecast to reach -71.20% down from the last financial year.

Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 11.89M. 9 analysts are of the opinion that Voyager Therapeutics Inc’s revenue for the current quarter will be 11.43M. The company’s revenue for the corresponding quarters a year ago was 4.61M and 90.06M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 157.70%. The estimates for the next quarter sales put growth at -87.30%.

The 2024 estimates are for Voyager Therapeutics Inc earnings to decrease by -144.19%.

VYGR Dividends

Voyager Therapeutics Inc is expected to release its next quarterly earnings report in November.

Voyager Therapeutics Inc (NASDAQ:VYGR)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 17.01% of Voyager Therapeutics Inc shares while 69.11% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 83.28%. There are 69.11% institutions holding the Voyager Therapeutics Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 9.3013% of the shares, roughly 5.31 million VYGR shares worth $42.02 million.

ARMISTICE CAPITAL, LLC holds the second largest percentage of outstanding shares, with 9.1041% or 5.2 million shares worth $41.13 million as of 2024-06-30.