During the last session, Delcath Systems Inc (NASDAQ:DCTH)’s traded shares were 0.45 million, with the beta value of the company hitting 0.84. At the end of the trading day, the stock’s price was $12.67, reflecting an intraday gain of 0.48% or $0.06. The 52-week high for the DCTH share is $13.30, that puts it down -4.97 from that peak though still a striking 70.8% gain since the share price plummeted to a 52-week low of $3.70. The company’s market capitalization is $405.11M, and the average intraday trading volume over the past 10 days was 0.33 million shares, and the average trade volume was 383.45K shares over the past three months.
Delcath Systems Inc (DCTH) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. DCTH has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 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 -0.02.
Delcath Systems Inc (NASDAQ:DCTH) trade information
Delcath Systems Inc (DCTH) registered a 0.48% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.48% in intraday trading to $12.67, hitting a weekly high. The stock’s 5-day price performance is 5.85%, and it has moved by 6.83% in 30 days. Based on these gigs, the overall price performance for the year is 209.02%. The short interest in Delcath Systems Inc (NASDAQ:DCTH) is 1.25 million shares and it means that shorts have 5.26 day(s) to cover.
The consensus price target of analysts on Wall Street is $22, which implies an increase of 42.41% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $22 and $22 respectively. As a result, DCTH is trading at a discount of -73.64% off the target high and -73.64% off the low.
Delcath Systems Inc (DCTH) estimates and forecasts
Statistics show that Delcath Systems Inc has outperformed its competitors in share price, compared to the industry in which it operates. Delcath Systems Inc (DCTH) shares have gone up 59.17% during the last six months, with a year-to-date growth rate more than the industry average at 66.80% against 15.30. In the rating firms’ projections, revenue will increase 1,571.57% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 12.42M as predicted by 6 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 13.58M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 539k and 3.14M respectively. In this case, analysts expect current quarter sales to grow by 2,204.21% and then jump by 332.62% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 64.26%. While earnings are projected to return 72.38% in 2025, the next five years will return 15.00% per annum.
DCTH Dividends
Delcath Systems 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.
Delcath Systems Inc (NASDAQ:DCTH)’s Major holders
Delcath Systems Inc insiders own 2.71% of total outstanding shares while institutional holders control 38.13%, with the float percentage being 39.19%. ROSALIND ADVISORS, INC. is the largest shareholder of the company, while 64.0 institutions own stock in it. As of 2024-06-30, the company held over 2.65 million shares (or 10.6496% of all shares), a total value of $15.53 million in shares.
The next largest institutional holding, with 2.4 million shares, is of AIGH CAPITAL MANAGEMENT LLC’s that is approximately 9.6427% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $20.09 million.
