During the last session, Agenus Inc (NASDAQ:AGEN)’s traded shares were 0.42 million, with the beta value of the company hitting 1.39. At the end of the trading day, the stock’s price was $4.05, reflecting an intraday loss of -3.57% or -$0.15. The 52-week high for the AGEN share is $19.69, that puts it down -386.17 from that peak though still a striking -3.21% loss since the share price plummeted to a 52-week low of $4.18. The company’s market capitalization is $87.36M, and the average intraday trading volume over the past 10 days was 0.26 million shares, and the average trade volume was 392.11K shares over the past three months.
Agenus Inc (AGEN) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.60. AGEN has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 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 -2.33.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Agenus Inc (NASDAQ:AGEN) trade information
Agenus Inc (AGEN) registered a -3.57% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.57% in intraday trading to $4.05, hitting a weekly high. The stock’s 5-day price performance is -6.90%, and it has moved by -11.18% in 30 days. Based on these gigs, the overall price performance for the year is -75.62%. The short interest in Agenus Inc (NASDAQ:AGEN) is 3.13 million shares and it means that shorts have 7.7 day(s) to cover.
The consensus price target of analysts on Wall Street is $8, which implies an increase of 49.38% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $9 respectively. As a result, AGEN is trading at a discount of -122.22% off the target high and -72.84% off the low.
Agenus Inc (AGEN) estimates and forecasts
Statistics show that Agenus Inc has outperformed its competitors in share price, compared to the industry in which it operates. Agenus Inc (AGEN) shares have gone down -69.01% during the last six months, with a year-to-date growth rate more than the industry average at 21.23% against 17.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 27.20% this quarter and then jump 22.70% in the quarter after that. In the rating firms’ projections, revenue will decrease -19.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 33.48M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 41.38M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 24.31M and 83.8M respectively. In this case, analysts expect current quarter sales to grow by 37.70% and then drop by -50.60% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 13.79%. While earnings are projected to return 21.19% in 2024.
AGEN Dividends
Agenus Inc is due to release its next quarterly earnings on 2024-Nov-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Agenus Inc (NASDAQ:AGEN)’s Major holders
Agenus Inc insiders own 1.31% of total outstanding shares while institutional holders control 41.64%, with the float percentage being 42.19%. VANGUARD GROUP INC is the largest shareholder of the company, while 126.0 institutions own stock in it. As of 2024-06-30, the company held over 2.15 million shares (or 10.5791% of all shares), a total value of $36.09 million in shares.
The next largest institutional holding, with 1.55 million shares, is of BLACKROCK INC.’s that is approximately 7.6005% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $25.93 million.
