Puma Biotechnology Inc (NASDAQ:PBYI)’s traded shares stood at 1.54 million during the last session, with the company’s beta value hitting 1.03. At the close of trading, the stock’s price was $2.42, to imply a decrease of -19.06% or -$0.57 in intraday trading. The PBYI share’s 52-week high remains $7.73, putting it -219.42% down since that peak but still an impressive 8.26% since price per share fell to its 52-week low of $2.22. The company has a valuation of $118.79M, with an average of 0.71 million shares in intraday trading volume over the past 10 days and average of 352.06K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Puma Biotechnology Inc (PBYI), translating to a mean rating of 3.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give PBYI a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 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 0.14.
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Puma Biotechnology Inc (NASDAQ:PBYI) trade information
After registering a -19.06% downside in the last session, Puma Biotechnology Inc (PBYI) has traded red over the past five days. The 5-day price performance for the stock is -15.97%, and -14.49% over 30 days. With these gigs, the year-to-date price performance is -44.11%. Short interest in Puma Biotechnology Inc (NASDAQ:PBYI) saw shorts transact 3.19 million shares and set a 14.34 days time to cover.
Puma Biotechnology Inc (PBYI) estimates and forecasts
Looking at statistics comparing Puma Biotechnology Inc share performance against respective industry, we note that the company has underperformed competitors. Puma Biotechnology Inc (PBYI) shares are -40.90% down over the last 6 months, with its year-to-date growth rate lower than industry average at -32.84% against 17.70%. Revenue is forecast to shrink -54.84% this quarter before jumping 220.00% for the next one. The rating firms project that company’s revenue will shrink -4.97% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 52.5M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 47.5M.Earnings reports from the last fiscal year show that sales brought in 72.2M and 43.77M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -27.29% before jumping 8.53% in the following quarter.
PBYI Dividends
Puma Biotechnology Inc has its next earnings report out on 2025-Feb-26. 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.
Puma Biotechnology Inc (NASDAQ:PBYI)’s Major holders
Puma Biotechnology Inc insiders hold 15.14% of total outstanding shares, with institutional holders owning 66.89% of the shares at 78.83% float percentage. In total, 66.89% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 3.6 million shares (or 7.4684% of shares), all amounting to roughly $11.73 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 3.57 million shares, or about 7.4141% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.65 million.
