Is Humacyte Inc (NASDAQ: HUMA) Still A Buy After A 17.41% Weekly Jump?

During the recent session, Humacyte Inc (NASDAQ:HUMA)’s traded shares were 1.85 million, with the beta value of the company hitting 1.32. At the last check today, the stock’s price was $5.30, reflecting an intraday gain of 4.85% or $0.25. The 52-week high for the HUMA share is $9.97, that puts it down -88.11 from that peak though still a striking 53.21% gain since the share price plummeted to a 52-week low of $2.48. The company’s market capitalization is $681.30M, and the average intraday trading volume over the past 10 days was 13.49 million shares, and the average trade volume was 4.73 million shares over the past three months.

Humacyte Inc (HUMA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.29. HUMA has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 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 -0.26.

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Humacyte Inc (NASDAQ:HUMA) trade information

Humacyte Inc (HUMA) registered a 4.85% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.85% in intraday trading to $5.30, hitting a weekly high. The stock’s 5-day price performance is 17.41%, and it has moved by 18.99% in 30 days. Based on these gigs, the overall price performance for the year is 83.22%. The short interest in Humacyte Inc (NASDAQ:HUMA) is 21.96 million shares and it means that shorts have 7.53 day(s) to cover.

The consensus price target of analysts on Wall Street is $8, which implies an increase of 33.75% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $10 respectively. As a result, HUMA is trading at a discount of -88.68% off the target high and -13.21% off the low.

Humacyte Inc (HUMA) estimates and forecasts

Statistics show that Humacyte Inc has underperformed its competitors in share price, compared to the industry in which it operates. Humacyte Inc (HUMA) shares have gone down -6.61% during the last six months, with a year-to-date growth rate less than the industry average at -18.69% against 16.70.

Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 1.78M by the end of current fiscal year.

While earnings are projected to return -26.44% in 2025.

HUMA Dividends

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

Humacyte Inc (NASDAQ:HUMA)’s Major holders

Humacyte Inc insiders own 26.87% of total outstanding shares while institutional holders control 30.03%, with the float percentage being 41.06%. BLACKROCK INC. is the largest shareholder of the company, while 195.0 institutions own stock in it. As of 2024-06-30, the company held over 7.14 million shares (or 6.5961% of all shares), a total value of $34.27 million in shares.

The next largest institutional holding, with 4.73 million shares, is of VANGUARD GROUP INC’s that is approximately 4.3693% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $22.7 million.