In last trading session, Omeros Corporation (NASDAQ:OMER) saw 0.78 million shares changing hands with its beta currently measuring 2.00. Company’s recent per share price level of $8.84 trading at -$1.05 or -10.62% at ring of the bell on the day assigns it a market valuation of $512.27M. That closing price of OMER’s stock is at a discount of -53.85% from its 52-week high price of $13.60 and is indicating a premium of 70.48% from its 52-week low price of $2.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.75 million shares which gives us an average trading volume of 994.33K if we extend that period to 3-months.
For Omeros Corporation (OMER), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.00. 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 -0.71 in the current quarter.
Omeros Corporation (NASDAQ:OMER) trade information
Upright in the red during last session for losing -10.62%, in the last five days OMER remained trading in the red while hitting it’s week-highest on Friday, 01/03/25 when the stock touched $8.84 price level, adding 21.49% to its value on the day. Omeros Corporation’s shares saw a change of -10.53% in year-to-date performance and have moved -10.16% in past 5-day. Omeros Corporation (NASDAQ:OMER) showed a performance of -22.32% in past 30-days. Number of shares sold short was 8.29 million shares which calculate 4.78 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a fall of -342.0% 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 2. It follows that stock’s current price would jump 77.38% in reaching the projected high whereas dropping to the targeted low would mean a gain of 77.38% for stock’s current value.
Omeros Corporation (OMER) estimates and forecasts
Statistics highlight that Omeros Corporation is scoring comparatively lower than the scores of other players of the relevant industry. The company added 108.00% of value to its shares in past 6 months, showing an annual growth rate of -10.75% while that of industry is 12.20. Apart from that, the company came lowering 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 6.37% during past 5 years.
Omeros Corporation (NASDAQ:OMER)’s Major holders
Insiders are in possession of 4.45% of company’s total shares while institution are holding 43.72 percent of that, with stock having share float percentage of 45.76%. Investors also watch the number of corporate investors in a company very closely, which is 43.72% institutions for Omeros Corporation that are currently holding shares of the company. INGALLS & SNYDER LLC is the top institutional holder at OMER for having 4.59 million shares of worth $18.65 million. And as of 2024-06-30, it was holding 7.8114 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 4.1 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.9754 of outstanding shares, having a total worth of $16.65 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 1.88 shares of worth $16.62 million or 3.24% of the total outstanding shares. The later fund manager was in possession of 1.46 shares on Oct 31, 2024 , making its stake of worth around $12.88 million in the company or a holder of 2.51% of company’s stock.
