Biocryst Pharmaceuticals Inc (BCRX) Falls -12.81%, Causing Bears To Lose

Biocryst Pharmaceuticals Inc (NASDAQ:BCRX) has a beta value of 1.84 and has seen 11.28 million shares traded in the last trading session. The company, currently valued at $1.60B, closed the last trade at $7.35 per share which meant it lost -$1.08 on the day or -12.81% during that session. The BCRX stock price is -20.82% off its 52-week high price of $8.88 and 45.17% above the 52-week low of $4.03. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.84 million shares traded. The 3-month trading volume is 1.92 million shares.

The consensus among analysts is that Biocryst Pharmaceuticals Inc (BCRX) is Buy stock at the moment, with a recommendation rating of 1.20. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 13 have rated it as a Hold, with 11 advising it as a Buy. 0 have rated the stock as Underweight.

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Biocryst Pharmaceuticals Inc (NASDAQ:BCRX) trade information

Sporting -12.81% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BCRX stock price touched $7.35 or saw a rise of 12.91%. Year-to-date, Biocryst Pharmaceuticals Inc shares have moved 22.70%, while the 5-day performance has seen it change -9.82%. Over the past 30 days, the shares of Biocryst Pharmaceuticals Inc (NASDAQ:BCRX) have changed -3.03%. Short interest in the company has seen 22.53 million shares shorted with days to cover at 12.75.

Wall Street analysts have a consensus price target for the stock at $16, which means that the shares’ value could jump 54.06% from current levels. The projected low price target is $7.0 while the price target rests at a high of $25.0. In that case, then, we find that the current price level is -240.14% off the targeted high while a plunge would see the stock lose 4.76% from current levels.

Biocryst Pharmaceuticals Inc (BCRX) estimates and forecasts

Figures show that Biocryst Pharmaceuticals Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 39.47% over the past 6 months, with this year growth rate of 63.00%, compared to 18.30% for the industry.

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 -3.73% over the past 5 years. Earnings growth for 2024 is a modest 67.80% while over the next 5 years, the company’s earnings are expected to increase by 44.80%.

BCRX Dividends

Biocryst Pharmaceuticals Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Biocryst Pharmaceuticals Inc (NASDAQ:BCRX)’s Major holders

Insiders own 1.15% of the company shares, while shares held by institutions stand at 86.24% with a share float percentage of 87.24%. Investors are also buoyed by the number of investors in a company, with Biocryst Pharmaceuticals Inc having a total of 325.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 19.96 million shares worth more than $123.33 million. As of 2024-06-30, BLACKROCK INC. held 9.6845% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 18.77 million shares as of 2024-06-30. The firm’s total holdings are worth over $116.0 million and represent 9.1086% of shares outstanding.