Regenxbio Inc (NASDAQ:RGNX) has a beta value of 1.25 and has seen 1.24 million shares traded in the last trading session. The company, currently valued at $419.64M, closed the last trade at $8.47 per share which meant it lost -$0.07 on the day or -0.82% during that session. The RGNX stock price is -240.02% off its 52-week high price of $28.80 and 4.84% above the 52-week low of $8.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.53 million shares traded. The 3-month trading volume is 833.59K shares.
The consensus among analysts is that Regenxbio Inc (RGNX) is Buy stock at the moment, with a recommendation rating of 1.27. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 6 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -1.11.
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Regenxbio Inc (NASDAQ:RGNX) trade information
Sporting -0.82% 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 RGNX stock price touched $8.47 or saw a rise of 13.13%. Year-to-date, Regenxbio Inc shares have moved -52.81%, while the 5-day performance has seen it change -13.22%. Over the past 30 days, the shares of Regenxbio Inc (NASDAQ:RGNX) have changed -12.05%. Short interest in the company has seen 5.26 million shares shorted with days to cover at 6.02.
Wall Street analysts have a consensus price target for the stock at $30.5, which means that the shares’ value could jump 72.23% from current levels. The projected low price target is $18.0 while the price target rests at a high of $40.0. In that case, then, we find that the current price level is -372.26% off the targeted high while a plunge would see the stock gain -112.51% from current levels.
Regenxbio Inc (RGNX) estimates and forecasts
Figures show that Regenxbio Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -30.63% over the past 6 months, with this year growth rate of 19.27%, compared to 17.20% for the industry. Revenue growth from the last financial year stood is estimated to be -3.73%.
9 analysts offering their estimates for the company have set an average revenue estimate of 23.45M for the current quarter. 6 have an estimated revenue figure of 20.54M for the next ending quarter. Year-ago sales stood 22.21M and 15.62M respectively for this quarter and the next, and analysts expect sales will grow by 5.56% for the current quarter and -3.73% for the next.
Earnings growth for 2024 is a modest 21.64% while over the next 5 years, the company’s earnings are expected to increase by 13.60%.
RGNX Dividends
Regenxbio 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.
Regenxbio Inc (NASDAQ:RGNX)’s Major holders
Insiders own 7.39% of the company shares, while shares held by institutions stand at 92.34% with a share float percentage of 99.71%. Investors are also buoyed by the number of investors in a company, with Regenxbio Inc having a total of 274.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 8.61 million shares worth more than $100.73 million. As of 2024-06-30, BLACKROCK INC. held 18.8252% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 5.11 million shares as of 2024-06-30. The firm’s total holdings are worth over $59.83 million and represent 11.1818% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 5.85% shares in the company for having 2.9 shares of worth $24.56 million while later fund manager owns 1.4 shares of worth $11.86 million as of Sep 30, 2024 , which makes it owner of about 2.83% of company’s outstanding stock.
