In the latest trading session, 0.41 million Savara Inc (NASDAQ:SVRA) shares changed hands as the company’s beta touched 0.99. With the company’s most recent per share price at $3.41 changed hands at -$0.05 or -1.45% at last look, the market valuation stands at $561.29M. SVRA’s current price is a discount, trading about -67.16% off its 52-week high of $5.70. The share price had its 52-week low at $3.12, which suggests the last value was 8.5% up since then. When we look at Savara Inc’s average trading volume, we note the 10-day average is 0.76 million shares, with the 3-month average coming to 1.05 million.

Analysts gave the Savara Inc (SVRA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SVRA as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Savara Inc’s EPS for the current quarter is expected to be -0.11.

Savara Inc (NASDAQ:SVRA) trade information

Instantly SVRA was in red as seen in intraday trades today. With action -8.82%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -27.45%, with the 5-day performance at -8.82% in the red. However, in the 30-day time frame, Savara Inc (NASDAQ:SVRA) is -22.85% down. Looking at the short shares, we see there were 11.7 million shares sold at short interest cover period of 10.15 days.

The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need an upside of 65.9% from its recent market value. According to analyst projections, SVRA’s forecast low is 9 with 11 as the target high. To hit the forecast high, the stock’s price needs a -222.58% plunge from its current level, while the stock would need to soar -163.93% for it to hit the projected low.

Savara Inc (SVRA) estimates and forecasts

Data shows that the Savara 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 -19.58% over the past 6 months, a -33.33% in annual growth rate that is considerably lower than the industry average of 17.50%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 29.09%. The 2024 estimates are for Savara Inc earnings to decrease by -35.06%.

SVRA Dividends

Savara Inc is expected to release its next quarterly earnings report on 2024-Nov-07.

Savara Inc (NASDAQ:SVRA)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 4.78% of Savara Inc shares while 93.35% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 98.04%. There are 93.35% institutions holding the Savara Inc stock share, with NEA MANAGEMENT COMPANY, LLC the top institutional holder. As of 2024-06-30, the company held 13.4052% of the shares, roughly 24.47 million SVRA shares worth $98.62 million.

BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC holds the second largest percentage of outstanding shares, with 7.9789% or 14.57 million shares worth $58.7 million as of 2024-06-30.

Among Mutual Funds, the top two as of Jun 30, 2024 were Vanguard Total Stock Market Index Fund and PGIM Jennison Health Sciences Fd. With 3.94 shares estimated at $13.48 million under it, the former controlled 2.39% of total outstanding shares. On the other hand, PGIM Jennison Health Sciences Fd held about 2.29% of the shares, roughly 3.78 shares worth around $12.94 million.