Viking Therapeutics Inc (NASDAQ:VKTX)’s traded shares stood at 2.99 million during the latest session, with the company’s beta value hitting 1.01. At the last check today, the stock’s price was $69.28, to imply an increase of 14.72% or $8.89 in intraday trading. The VKTX share’s 52-week high remains $99.41, putting it -43.49% down since that peak but still an impressive 88.05% since price per share fell to its 52-week low of $8.28. The company has a valuation of $7.68B, with an average of 2.09 million shares in intraday trading volume over the past 10 days and average of 3.38 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Viking Therapeutics Inc (VKTX), translating to a mean rating of 1.00. Of 7 analyst(s) looking at the stock, 0 analyst(s) give VKTX a Sell rating. 1 of those analysts rate the stock as Overweight while 0 advise Hold as 6 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 -0.28.
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Viking Therapeutics Inc (NASDAQ:VKTX) trade information
After registering a 14.72% upside in the latest session, Viking Therapeutics Inc (VKTX) has traded red over the past five days. The 5-day price performance for the stock is 7.22%, and 9.74% over 30 days. With these gigs, the year-to-date price performance is 272.27%. Short interest in Viking Therapeutics Inc (NASDAQ:VKTX) saw shorts transact 14.48 million shares and set a 4.58 days time to cover.
The extremes give us $15 and $138 for target low and target high price respectively. As such, VKTX has been trading -99.19% off suggested target high and 78.35% from its likely low.
Viking Therapeutics Inc (VKTX) estimates and forecasts
Looking at statistics comparing Viking Therapeutics Inc share performance against respective industry, we note that the company has underperformed competitors. Viking Therapeutics Inc (VKTX) shares are 0.61% up over the last 6 months, with its year-to-date growth rate lower than industry average at -9.89% against 17.50%. Revenue is forecast to shrink -12.00% this quarter before falling -19.20% for the next one.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -18.89% for the past 5-year period. While 2024 is set for a -7.59% return in earnings, projections for the next 5 years are at 40.00% annually.
VKTX Dividends
Viking Therapeutics Inc has its next earnings report out on 2025-Feb-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.
Viking Therapeutics Inc (NASDAQ:VKTX)’s Major holders
Viking Therapeutics Inc insiders hold 6.03% of total outstanding shares, with institutional holders owning 75.29% of the shares at 80.13% float percentage. In total, 75.29% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 16.54 million shares (or 15.9876% of shares), all amounting to roughly $876.8 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 10.1 million shares, or about 9.7599% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $535.26 million.
We also have Fidelity Growth Company Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Viking Therapeutics Inc (VKTX) shares. Going by data provided on Aug 31, 2024, Fidelity Growth Company Fund holds roughly 3.74 shares. This is just over 3.37% of the total shares, with a market valuation of $267.66 million. Data from the same date shows that the other fund manager holds a little less at 3.32, or 3.00% of the shares, all valued at about 237.75 million.
