During the last session, Capricor Therapeutics Inc (NASDAQ:CAPR)’s traded shares were 1.27 million, with the beta value of the company hitting 4.05. At the end of the trading day, the stock’s price was $17.61, reflecting an intraday loss of -6.90% or -$1.31. The 52-week high for the CAPR share is $23.40, that puts it down -32.88 from that peak though still a striking 83.7% gain since the share price plummeted to a 52-week low of $2.87. The company’s market capitalization is $800.95M, and the average intraday trading volume over the past 10 days was 1.11 million shares, and the average trade volume was 3.09 million shares over the past three months.
Capricor Therapeutics Inc (CAPR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. CAPR has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 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 -0.09.
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Capricor Therapeutics Inc (NASDAQ:CAPR) trade information
Capricor Therapeutics Inc (CAPR) registered a -6.90% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.90% in intraday trading to $17.61, hitting a weekly high. The stock’s 5-day price performance is -4.73%, and it has moved by -17.65% in 30 days. Based on these gigs, the overall price performance for the year is 503.25%. The short interest in Capricor Therapeutics Inc (NASDAQ:CAPR) is 5.28 million shares and it means that shorts have 1.31 day(s) to cover.
The consensus price target of analysts on Wall Street is $37.5, which implies an increase of 53.04% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $25 and $43 respectively. As a result, CAPR is trading at a discount of -144.18% off the target high and -41.96% off the low.
Capricor Therapeutics Inc (CAPR) estimates and forecasts
Statistics show that Capricor Therapeutics Inc has underperformed its competitors in share price, compared to the industry in which it operates. Capricor Therapeutics Inc (CAPR) shares have gone up 190.20% during the last six months, with a year-to-date growth rate less than the industry average at -46.99% against 11.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -276.00% this quarter and then drop -12.90% in the quarter after that. In the rating firms’ projections, revenue will decrease -16.70% 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 9.87M as predicted by 7 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 2.17M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 12.09M and 4.91M respectively. In this case, analysts expect current quarter sales to shrink by -18.35% and then drop by -55.84% 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 30.59%. While earnings are projected to return -44.41% in 2024.
CAPR Dividends
Capricor Therapeutics 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.
Capricor Therapeutics Inc (NASDAQ:CAPR)’s Major holders
Capricor Therapeutics Inc insiders own 16.73% of total outstanding shares while institutional holders control 18.52%, with the float percentage being 22.23%. BLACKROCK INC. is the largest shareholder of the company, while 102.0 institutions own stock in it. As of 2024-06-30, the company held over 1.63 million shares (or 5.194% of all shares), a total value of $7.77 million in shares.
The next largest institutional holding, with 1.55 million shares, is of VANGUARD GROUP INC’s that is approximately 4.9401% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.39 million.
Also, the Mutual Funds coming in first place with the largest holdings of Capricor Therapeutics Inc (CAPR) 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 872.18 shares. This amounts to just over 1.92 percent of the company’s overall shares, with a $15.31 million market value. The same data shows that the other fund manager holds slightly less at 672.88, or about 1.48% of the stock, which is worth about $11.81 million.
