In last trading session, Kodiak Sciences Inc (NASDAQ:KOD) saw 0.44 million shares changing hands with its beta currently measuring 2.10. Company’s recent per share price level of $8.32 trading at -$0.88 or -9.57% at ring of the bell on the day assigns it a market valuation of $437.83M. That closing price of KOD’s stock is at a discount of -39.42% from its 52-week high price of $11.60 and is indicating a premium of 73.8% from its 52-week low price of $2.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.48 million shares which gives us an average trading volume of 423.65K if we extend that period to 3-months.
For Kodiak Sciences Inc (KOD), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.67. Splitting up the data highlights that, out of 8 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.86 in the current quarter.
Kodiak Sciences Inc (NASDAQ:KOD) trade information
Upright in the red during last session for losing -9.57%, in the last five days KOD remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $8.32 price level, adding 15.45% to its value on the day. Kodiak Sciences Inc’s shares saw a change of -16.38% in year-to-date performance and have moved -3.48% in past 5-day. Kodiak Sciences Inc (NASDAQ:KOD) showed a performance of -18.03% in past 30-days. Number of shares sold short was 1.3 million shares which calculate 5.19 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a rise of 24.36% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would jump 75.96% in reaching the projected high whereas dropping to the targeted low would mean a gain of 75.96% for stock’s current value.
Kodiak Sciences Inc (KOD) estimates and forecasts
Statistics highlight that Kodiak Sciences Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 201.45% of value to its shares in past 6 months, showing an annual growth rate of 30.58% while that of industry is 16.50. Apart from that, the company came raising its revenue forecast for fiscal year 2025.
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 -12.42% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 31.71% while estimates for its earnings growth in next 5 years are of 12.40%.
Kodiak Sciences Inc (NASDAQ:KOD)’s Major holders
Insiders are in possession of 5.66% of company’s total shares while institution are holding 77.79 percent of that, with stock having share float percentage of 82.46%. Investors also watch the number of corporate investors in a company very closely, which is 77.79% institutions for Kodiak Sciences Inc that are currently holding shares of the company. BAKER BROS. ADVISORS LP is the top institutional holder at KOD for having 17.31 million shares of worth $40.68 million. And as of 2024-06-30, it was holding 32.9658 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 3.85 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.3258 of outstanding shares, having a total worth of $9.04 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 982.01 shares of worth $8.17 million or 1.87% of the total outstanding shares. The later fund manager was in possession of 802.62 shares on Oct 31, 2024 , making its stake of worth around $6.68 million in the company or a holder of 1.53% of company’s stock.
