Kodiak Sciences Inc (NASDAQ:KOD)’s traded shares stood at 0.46 million during the last session, with the company’s beta value hitting 2.19. At the close of trading, the stock’s price was $9.98, to imply a decrease of -8.44% or -$0.92 in intraday trading. The KOD share’s 52-week high remains $11.60, putting it -16.23% down since that peak but still an impressive 78.16% since price per share fell to its 52-week low of $2.18. The company has a valuation of $525.19M, with an average of 0.43 million shares in intraday trading volume over the past 10 days and average of 377.86K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Kodiak Sciences Inc (KOD), translating to a mean rating of 3.29. Of 8 analyst(s) looking at the stock, 1 analyst(s) give KOD a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.86.
Kodiak Sciences Inc (NASDAQ:KOD) trade information
After registering a -8.44% downside in the last session, Kodiak Sciences Inc (KOD) has traded red over the past five days. The 5-day price performance for the stock is 14.98%, and 52.13% over 30 days. With these gigs, the year-to-date price performance is 228.29%. Short interest in Kodiak Sciences Inc (NASDAQ:KOD) saw shorts transact 1.3 million shares and set a 5.19 days time to cover.
The extremes give us $2 and $20 for target low and target high price respectively. As such, KOD has been trading -100.4% off suggested target high and 79.96% from its likely low.
Kodiak Sciences Inc (KOD) estimates and forecasts
Looking at statistics comparing Kodiak Sciences Inc share performance against respective industry, we note that the company has outperformed competitors. Kodiak Sciences Inc (KOD) shares are 324.68% up over the last 6 months, with its year-to-date growth rate higher than industry average at 30.58% against 16.60%.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -12.42% for the past 5-year period. While 2024 is set for a 31.71% return in earnings, projections for the next 5 years are at 12.40% annually.
KOD Dividends
Kodiak Sciences Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Kodiak Sciences Inc (NASDAQ:KOD)’s Major holders
Kodiak Sciences Inc insiders hold 5.66% of total outstanding shares, with institutional holders owning 77.79% of the shares at 82.46% float percentage. In total, 77.79% institutions holds shares in the company, led by BAKER BROS. ADVISORS LP. As of 2024-06-30, the company held over 17.31 million shares (or 32.9658% of shares), all amounting to roughly $40.68 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 3.85 million shares, or about 7.3258% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $9.04 million.
