Kymera Therapeutics Inc (NASDAQ: KYMR) Fell -54.28%, Predicting What To Expect In The Near Future

During the last session, Kymera Therapeutics Inc (NASDAQ:KYMR)’s traded shares were 0.43 million, with the beta value of the company hitting 2.18. At the end of the trading day, the stock’s price was $42.13, reflecting an intraday loss of -0.09% or -$0.04. The 52-week high for the KYMR share is $53.27, that puts it down -26.44 from that peak though still a striking 47.52% gain since the share price plummeted to a 52-week low of $22.11. The company’s market capitalization is $2.73B, and the average intraday trading volume over the past 10 days was 0.42 million shares, and the average trade volume was 440.52K shares over the past three months.

Kymera Therapeutics Inc (KYMR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.50. KYMR has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 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 -0.79.

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Kymera Therapeutics Inc (NASDAQ:KYMR) trade information

Kymera Therapeutics Inc (KYMR) registered a -0.09% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.09% in intraday trading to $42.13, hitting a weekly high. The stock’s 5-day price performance is -9.73%, and it has moved by -13.37% in 30 days. Based on these gigs, the overall price performance for the year is 73.37%. The short interest in Kymera Therapeutics Inc (NASDAQ:KYMR) is 9.02 million shares and it means that shorts have 19.85 day(s) to cover.

The consensus price target of analysts on Wall Street is $57, which implies an increase of 26.09% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $55 and $65 respectively. As a result, KYMR is trading at a discount of -54.28% off the target high and -30.55% off the low.

Kymera Therapeutics Inc (KYMR) estimates and forecasts

Statistics show that Kymera Therapeutics Inc has underperformed its competitors in share price, compared to the industry in which it operates. Kymera Therapeutics Inc (KYMR) shares have gone up 26.55% during the last six months, with a year-to-date growth rate less than the industry average at -10.71% against 17.10. In the rating firms’ projections, revenue will decrease -31.49% 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 14.81M as predicted by 18 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 16.16M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 47.88M and 10.29M respectively. In this case, analysts expect current quarter sales to shrink by -69.06% and then jump by 57.12% 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 -39.18%. While earnings are projected to return -11.96% in 2024, the next five years will return 1.90% per annum.

KYMR Dividends

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

Kymera Therapeutics Inc (NASDAQ:KYMR)’s Major holders

Kymera Therapeutics Inc insiders own 1.27% of total outstanding shares while institutional holders control 108.45%, with the float percentage being 109.85%. PRICE T ROWE ASSOCIATES INC /MD/ is the largest shareholder of the company, while 262.0 institutions own stock in it. As of 2024-06-30, the company held over 6.39 million shares (or 9.0301% of all shares), a total value of $190.76 million in shares.

The next largest institutional holding, with 6.0 million shares, is of BAKER BROS. ADVISORS LP’s that is approximately 8.4724% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $178.98 million.