In recent trading session, IGM Biosciences Inc (NASDAQ:IGMS) saw 2.41 million shares changing hands at last check today with its beta currently measuring 0.09. Company’s recent per share price level of $1.90 trading at -$4.3 or -69.37% at last check today assigns it a market valuation of $112.94M. That most recent trading price of IGMS’s stock is at a discount of -1084.21% from its 52-week high price of $22.50 and is indicating a discount of -204.74% from its 52-week low price of $5.79. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.24 million shares which gives us an average trading volume of 229.64K if we extend that period to 3-months.

For IGM Biosciences Inc (IGMS), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.22. Splitting up the data highlights that, out of 1 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 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.79 in the current quarter.

IGM Biosciences Inc (NASDAQ:IGMS) trade information

Upright in the red during last session for losing -69.37%, in the last five days IGMS remained trading in the red while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $1.90 price level, adding 73.2% to its value on the day. IGM Biosciences Inc’s shares saw a change of -68.91% in year-to-date performance and have moved -69.42% in past 5-day. IGM Biosciences Inc (NASDAQ:IGMS) showed a performance of -81.31% in past 30-days. Number of shares sold short was 2.64 million shares which calculate 12.4 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 19 to the stock, which implies a rise of 90.0% to its recent value today. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 25. It follows that stock’s current price would drop -531.58% in reaching the projected high whereas dropping to the targeted low would mean a loss of -531.58% for stock’s current value.

IGM Biosciences Inc (IGMS) estimates and forecasts

Statistics highlight that IGM Biosciences Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -79.58% of value to its shares in past 6 months, showing an annual growth rate of 29.30% while that of industry is 16.50. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 21.12% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 270k for the same. And 3 analysts are in estimates of company making revenue of 2.48M in the next quarter. Company posted 651k and 497k of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -44.65% during past 5 years.

IGM Biosciences Inc (NASDAQ:IGMS)’s Major holders

Insiders are in possession of 34.95% of company’s total shares while institution are holding 64.02 percent of that, with stock having share float percentage of 98.42%. Investors also watch the number of corporate investors in a company very closely, which is 64.02% institutions for IGM Biosciences Inc that are currently holding shares of the company. BAKER BROS. ADVISORS LP is the top institutional holder at IGMS for having 4.09 million shares of worth $28.1 million. And as of 2024-06-30, it was holding 6.8042 of the company’s outstanding shares.

The second largest institutional holder is PRICE T ROWE ASSOCIATES INC /MD/, which was holding about 4.08 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.7789 of outstanding shares, having a total worth of $28.0 million.

On the other hand, Price (T.Rowe) New Horizons Fund and Price (T.Rowe) Health Sciences Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 1.97 shares of worth $3.8 million or 5.77% of the total outstanding shares. The later fund manager was in possession of 849.75 shares on Sep 30, 2024, making its stake of worth around $1.64 million in the company or a holder of 2.49% of company’s stock.