Kymera Therapeutics Inc (NASDAQ:KYMR)’s traded shares stood at 0.34 million during the last session, with the company’s beta value hitting 2.20. At the close of trading, the stock’s price was $40.61, to imply an increase of 0.79% or $0.32 in intraday trading. The KYMR share’s 52-week high remains $53.27, putting it -31.17% down since that peak but still an impressive 35.14% since price per share fell to its 52-week low of $26.34. The company has a valuation of $2.63B, with an average of 0.57 million shares in intraday trading volume over the past 10 days and average of 466.36K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Kymera Therapeutics Inc (KYMR), translating to a mean rating of 1.40. Of 8 analyst(s) looking at the stock, 0 analyst(s) give KYMR a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.79.
Kymera Therapeutics Inc (NASDAQ:KYMR) trade information
After registering a 0.79% upside in the last session, Kymera Therapeutics Inc (KYMR) has traded red over the past five days. The 5-day price performance for the stock is 6.39%, and -5.69% over 30 days. With these gigs, the year-to-date price performance is 0.94%. Short interest in Kymera Therapeutics Inc (NASDAQ:KYMR) saw shorts transact 8.77 million shares and set a 18.36 days time to cover.
The extremes give us $55 and $65 for target low and target high price respectively. As such, KYMR has been trading -60.06% off suggested target high and -35.43% from its likely low.
Kymera Therapeutics Inc (KYMR) estimates and forecasts
Looking at statistics comparing Kymera Therapeutics Inc share performance against respective industry, we note that the company has underperformed competitors. Kymera Therapeutics Inc (KYMR) shares are -7.28% down over the last 6 months, with its year-to-date growth rate lower than industry average at -10.71% against 16.60%. The rating firms project that company’s revenue will shrink -31.51% compared to the previous financial year.
Revenue forecast for the current quarter as set by 18 analysts is 14.81M. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 16.18M.Earnings reports from the last fiscal year show that sales brought in 47.88M and 10.29M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -69.06% before jumping 57.29% in the following quarter.
KYMR Dividends
Kymera Therapeutics Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Kymera Therapeutics Inc (NASDAQ:KYMR)’s Major holders
Kymera Therapeutics Inc insiders hold 1.30% of total outstanding shares, with institutional holders owning 108.20% of the shares at 109.63% float percentage. In total, 108.20% institutions holds shares in the company, led by PRICE T ROWE ASSOCIATES INC /MD/. As of 2024-06-30, the company held over 6.39 million shares (or 9.0301% of shares), all amounting to roughly $190.76 million.
The next major institution holding the largest number of shares is BAKER BROS. ADVISORS LP with 6.0 million shares, or about 8.4724% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $178.98 million.
We also have Price (T.Rowe) New Horizons Fund and Vanguard Specialized-Health Care Fund as the top two Mutual Funds with the largest holdings of the Kymera Therapeutics Inc (KYMR) shares. Going by data provided on Sep 30, 2024 , Price (T.Rowe) New Horizons Fund holds roughly 3.14 shares. This is just over 4.85% of the total shares, with a market valuation of $127.55 million. Data from the same date shows that the other fund manager holds a little less at 2.12, or 3.27% of the shares, all valued at about 85.97 million.
