Intellia Therapeutics Inc (NASDAQ:NTLA) has a beta value of 1.79 and has seen 2.91 million shares traded in the last trading session. The company, currently valued at $1.34B, closed the last trade at $13.13 per share which meant it lost -$0.25 on the day or -1.87% during that session. The NTLA stock price is -165.58% off its 52-week high price of $34.87 and 5.03% above the 52-week low of $12.47. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.12 million shares traded. The 3-month trading volume is 2.46 million shares.
The consensus among analysts is that Intellia Therapeutics Inc (NTLA) is Buy stock at the moment, with a recommendation rating of 1.48. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 13 have rated it as a Hold, with 13 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -1.33.
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Intellia Therapeutics Inc (NASDAQ:NTLA) trade information
Sporting -1.87% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NTLA stock price touched $13.13 or saw a rise of 11.4%. Year-to-date, Intellia Therapeutics Inc shares have moved -56.94%, while the 5-day performance has seen it change -10.80%. Over the past 30 days, the shares of Intellia Therapeutics Inc (NASDAQ:NTLA) have changed -6.01%. Short interest in the company has seen 18.91 million shares shorted with days to cover at 6.37.
Wall Street analysts have a consensus price target for the stock at $57, which means that the shares’ value could jump 76.96% from current levels. The projected low price target is $18.0 while the price target rests at a high of $80.0. In that case, then, we find that the current price level is -509.29% off the targeted high while a plunge would see the stock gain -37.09% from current levels.
Intellia Therapeutics Inc (NTLA) estimates and forecasts
Figures show that Intellia Therapeutics Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -47.06% over the past 6 months, with this year growth rate of 2.03%, compared to 17.20% for the industry. Revenue growth from the last financial year stood is estimated to be 45.64%.
23 analysts offering their estimates for the company have set an average revenue estimate of 8.9M for the current quarter. 11 have an estimated revenue figure of 9.36M for the next ending quarter. Year-ago sales stood -1.92M and 28.93M respectively for this quarter and the next, and analysts expect sales will grow by 564.03% for the current quarter and 45.64% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -22.30% over the past 5 years. Earnings growth for 2024 is a modest 1.96% while over the next 5 years, the company’s earnings are expected to increase by 30.00%.
NTLA Dividends
Intellia Therapeutics Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Intellia Therapeutics Inc (NASDAQ:NTLA)’s Major holders
Insiders own 1.21% of the company shares, while shares held by institutions stand at 91.39% with a share float percentage of 92.50%. Investors are also buoyed by the number of investors in a company, with Intellia Therapeutics Inc having a total of 420.0 institutions that hold shares in the company. The top two institutional holders are ARK INVESTMENT MANAGEMENT LLC with over 11.6 million shares worth more than $259.51 million. As of 2024-06-30, ARK INVESTMENT MANAGEMENT LLC held 12.1419% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 9.6 million shares as of 2024-06-30. The firm’s total holdings are worth over $214.79 million and represent 10.0496% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ARK ETF Tr-ARK Innovation ETF and Vanguard Total Stock Market Index Fund . As of Oct 31, 2024 , the former fund manager holds about 8.45% shares in the company for having 8.61 shares of worth $112.99 million while later fund manager owns 3.17 shares of worth $41.69 million as of Sep 30, 2024 , which makes it owner of about 3.12% of company’s outstanding stock.
