During The Past Six Months, Biocryst Pharmaceuticals Inc (NASDAQ: BCRX) Shares Took An 14.14% Jump. Here Is What We Should Expect

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During the last session, Biocryst Pharmaceuticals Inc (NASDAQ:BCRX)’s traded shares were 0.55 million, with the beta value of the company hitting 1.81. At the end of the trading day, the stock’s price was $7.22, reflecting an intraday loss of -1.03% or -$0.08. The 52-week high for the BCRX share is $8.88, that puts it down -22.99 from that peak though still a striking 44.18% gain since the share price plummeted to a 52-week low of $4.03. The company’s market capitalization is $1.50B, and the average intraday trading volume over the past 10 days was 1.84 million shares, and the average trade volume was 1.96 million shares over the past three months.

Biocryst Pharmaceuticals Inc (BCRX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.18. BCRX has a Sell rating from 0 analyst(s) out of 13 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 11 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 -0.06.

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Biocryst Pharmaceuticals Inc (NASDAQ:BCRX) trade information

Biocryst Pharmaceuticals Inc (BCRX) registered a -1.03% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.03% in intraday trading to $7.22, hitting a weekly high. The stock’s 5-day price performance is -3.02%, and it has moved by -10.36% in 30 days. Based on these gigs, the overall price performance for the year is 41.67%. The short interest in Biocryst Pharmaceuticals Inc (NASDAQ:BCRX) is 20.83 million shares and it means that shorts have 13.03 day(s) to cover.

The consensus price target of analysts on Wall Street is $16, which implies an increase of 54.88% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $25 respectively. As a result, BCRX is trading at a discount of -246.26% off the target high and 3.05% off the low.

Biocryst Pharmaceuticals Inc (BCRX) estimates and forecasts

Statistics show that Biocryst Pharmaceuticals Inc has outperformed its competitors in share price, compared to the industry in which it operates. Biocryst Pharmaceuticals Inc (BCRX) shares have gone up 14.14% during the last six months, with a year-to-date growth rate more than the industry average at 55.00% against 16.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 77.72% this quarter and then jump 88.24% in the quarter after that. In the rating firms’ projections, revenue will increase 34.64% 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 127.72M as predicted by 7 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 117.5M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 93.4M and 92.76M respectively. In this case, analysts expect current quarter sales to grow by 36.74% and then jump by 26.67% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -3.73%. While earnings are projected to return 68.26% in 2024, the next five years will return 44.80% per annum.

BCRX Dividends

Biocryst Pharmaceuticals Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Biocryst Pharmaceuticals Inc insiders own 1.15% of total outstanding shares while institutional holders control 85.96%, with the float percentage being 86.95%. BLACKROCK INC. is the largest shareholder of the company, while 348.0 institutions own stock in it. As of 2024-06-30, the company held over 19.96 million shares (or 9.6845% of all shares), a total value of $123.33 million in shares.

The next largest institutional holding, with 18.77 million shares, is of VANGUARD GROUP INC’s that is approximately 9.1086% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $116.0 million.

Also, the Mutual Funds coming in first place with the largest holdings of Biocryst Pharmaceuticals Inc (BCRX) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 6.58 shares. This amounts to just over 3.17 percent of the company’s overall shares, with a $47.68 million market value. The same data shows that the other fund manager holds slightly less at 5.35, or about 2.58% of the stock, which is worth about $38.8 million.