Let’s Dive Into The Syros Pharmaceuticals Inc (NASDAQ: SYRS) Stock Forecast.

In the last trading session, 0.54 million Syros Pharmaceuticals Inc (NASDAQ:SYRS) shares changed hands as the company’s beta touched 1.65. With the company’s per share price at $2.73 changed hands at -$0.5 or -15.48% during last session, the market valuation stood at $73.25M. SYRS’s last price was a discount, traded about -199.27% off its 52-week high of $8.17. The share price had its 52-week low at $1.43, which suggests the last value was 47.62% up since then. When we look at Syros Pharmaceuticals Inc’s average trading volume, we note the 10-day average is 0.52 million shares, with the 3-month average coming to 448.60K.

Analysts gave the Syros Pharmaceuticals Inc (SYRS) 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 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SYRS as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Syros Pharmaceuticals Inc’s EPS for the current quarter is expected to be -0.7.

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Syros Pharmaceuticals Inc (NASDAQ:SYRS) trade information

Instantly SYRS was in red as seen at the end of in last trading. With action 7.91%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -64.96%, with the 5-day performance at 7.91% in the green. However, in the 30-day time frame, Syros Pharmaceuticals Inc (NASDAQ:SYRS) is 38.58% up. Looking at the short shares, we see there were 0.95 million shares sold at short interest cover period of 4.74 days.

The consensus price target for the stock as assigned by Wall Street analysts is 15, meaning bulls need an upside of 81.8% from its current market value. According to analyst projections, SYRS’s forecast low is 5 with 30 as the target high. To hit the forecast high, the stock’s price needs a -998.9% plunge from its current level, while the stock would need to soar -83.15% for it to hit the projected low.

Syros Pharmaceuticals Inc (SYRS) estimates and forecasts

Data shows that the Syros Pharmaceuticals Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -49.72% over the past 6 months, a 65.96% in annual growth rate that is considerably higher than the industry average of 17.10%. Year-over-year growth is forecast to reach -96.40% down from the last financial year.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 360k. The company’s revenue for the corresponding quarters a year ago was 387k and 720k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -7.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 21.16%. The 2024 estimates are for Syros Pharmaceuticals Inc earnings to increase by 72.91%.

SYRS Dividends

Syros Pharmaceuticals Inc is expected to release its next quarterly earnings report in December.

Syros Pharmaceuticals Inc (NASDAQ:SYRS)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 2.34% of Syros Pharmaceuticals Inc shares while 80.49% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 82.42%.