Enanta Pharmaceuticals Inc (NASDAQ:ENTA) Down Almost -30.84% In 1 Month, Long Term Looking Good As Well

In last trading session, Enanta Pharmaceuticals Inc (NASDAQ:ENTA) saw 0.65 million shares changing hands with its beta currently measuring 0.56. Company’s recent per share price level of $6.28 trading at $0.42 or 7.17% at ring of the bell on the day assigns it a market valuation of $133.10M. That closing price of ENTA’s stock is at a discount of -183.44% from its 52-week high price of $17.80 and is indicating a premium of 9.24% from its 52-week low price of $5.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.64 million shares which gives us an average trading volume of 268.07K if we extend that period to 3-months.

For Enanta Pharmaceuticals Inc (ENTA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.38. 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. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -1.27 in the current quarter.

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Enanta Pharmaceuticals Inc (NASDAQ:ENTA) trade information

Upright in the green during last session for gaining 7.17%, in the last five days ENTA remained trading in the green while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $6.28 price level, adding 4.27% to its value on the day. Enanta Pharmaceuticals Inc’s shares saw a change of -33.26% in year-to-date performance and have moved 4.15% in past 5-day. Enanta Pharmaceuticals Inc (NASDAQ:ENTA) showed a performance of -30.84% in past 30-days. Number of shares sold short was 3.44 million shares which calculate 20.91 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 56 to the stock, which implies a rise of 88.79% to its current value. Analysts have been projecting 54 as a low price target for the stock while placing it at a high target of 87. It follows that stock’s current price would drop -759.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -759.87% for stock’s current value.

Enanta Pharmaceuticals Inc (ENTA) estimates and forecasts

Statistics highlight that Enanta Pharmaceuticals Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -48.61% of value to its shares in past 6 months, showing an annual growth rate of 13.69% while that of industry is 16.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 7.15% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 17.67M for the same. And 3 analysts are in estimates of company making revenue of 16.42M in the next quarter. Company posted 18M and 17.05M of sales in current and next quarters respectively a year earlier.

Enanta Pharmaceuticals Inc (NASDAQ:ENTA)’s Major holders

Insiders are in possession of 6.09% of company’s total shares while institution are holding 100.66 percent of that, with stock having share float percentage of 107.19%. Investors also watch the number of corporate investors in a company very closely, which is 100.66% institutions for Enanta Pharmaceuticals Inc that are currently holding shares of the company. FARALLON CAPITAL MANAGEMENT LLC is the top institutional holder at ENTA for having 2.1 million shares of worth $27.17 million. And as of 2024-06-30, it was holding 9.8914 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.93 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.1331 of outstanding shares, having a total worth of $25.09 million.