In last trading session, Lexicon Pharmaceuticals Inc (NASDAQ:LXRX) saw 2.03 million shares changing hands with its beta currently measuring 1.08. Company’s recent per share price level of $0.80 trading at -$0.02 or -1.87% at ring of the bell on the day assigns it a market valuation of $285.54M. That closing price of LXRX’s stock is at a discount of -366.25% from its 52-week high price of $3.73 and is indicating a premium of 8.75% from its 52-week low price of $0.73. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.06 million shares which gives us an average trading volume of 3.27 million if we extend that period to 3-months.
For Lexicon Pharmaceuticals Inc (LXRX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.12 in the current quarter.
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Lexicon Pharmaceuticals Inc (NASDAQ:LXRX) trade information
Upright in the red during last session for losing -1.87%, in the last five days LXRX remained trading in the red while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $0.80 price level, adding 13.57% to its value on the day. Lexicon Pharmaceuticals Inc’s shares saw a change of -47.39% in year-to-date performance and have moved -0.31% in past 5-day. Lexicon Pharmaceuticals Inc (NASDAQ:LXRX) showed a performance of -56.73% in past 30-days. Number of shares sold short was 31.38 million shares which calculate 7.49 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 86.67% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -650.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -650.0% for stock’s current value.
Lexicon Pharmaceuticals Inc (LXRX) estimates and forecasts
Statistics highlight that Lexicon Pharmaceuticals Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -50.92% of value to its shares in past 6 months, showing an annual growth rate of 16.46% while that of industry is 17.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 824.52% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 7.16M for the same. And 2 analysts are in estimates of company making revenue of 3.28M in the next quarter. Company posted 702k and 1.13M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.80% during past 5 years.
Lexicon Pharmaceuticals Inc (NASDAQ:LXRX)’s Major holders
Insiders are in possession of 1.15% of company’s total shares while institution are holding 82.02 percent of that, with stock having share float percentage of 82.97%. Investors also watch the number of corporate investors in a company very closely, which is 82.02% institutions for Lexicon Pharmaceuticals Inc that are currently holding shares of the company. ARTAL GROUP S.A. is the top institutional holder at LXRX for having 175.1 million shares of worth $294.17 million. And as of 2024-06-30, it was holding 71.3555 of the company’s outstanding shares.
The second largest institutional holder is FMR LLC, which was holding about 38.69 million shares on 2024-06-30. The number of shares represents firm’s hold over 15.7656 of outstanding shares, having a total worth of $64.99 million.
On the other hand, Fidelity Growth Company Fund and Fidelity Growth Company K6 Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 15.71 shares of worth $12.65 million or 4.35% of the total outstanding shares. The later fund manager was in possession of 5.17 shares on Sep 30, 2024 , making its stake of worth around $4.16 million in the company or a holder of 1.43% of company’s stock.
