In the last trading session, 1.07 million PepGen Inc (NASDAQ:PEPG) shares changed hands as the company’s beta touched 1.52. With the company’s per share price at $1.25 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $40.74M. PEPG’s last price was a discount, traded about -1444.0% off its 52-week high of $19.30. The share price had its 52-week low at $1.20, which suggests the last value was 4.0% up since then. When we look at PepGen Inc’s average trading volume, we note the 10-day average is 0.37 million shares, with the 3-month average coming to 231.70K.
Analysts gave the PepGen Inc (PEPG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.60. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended PEPG as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. PepGen Inc’s EPS for the current quarter is expected to be -0.72.
PepGen Inc (NASDAQ:PEPG) trade information
The company’s shares are showing year-to-date downside of -67.02%, with the 5-day performance at -36.55% in the red. However, in the 30-day time frame, PepGen Inc (NASDAQ:PEPG) is -66.84% down. Looking at the short shares, we see there were 0.74 million shares sold at short interest cover period of 3.68 days.
The consensus price target for the stock as assigned by Wall Street analysts is 29.5, meaning bulls need an upside of 95.76% from its current market value. According to analyst projections, PEPG’s forecast low is 26 with 33 as the target high. To hit the forecast high, the stock’s price needs a -2540.0% plunge from its current level, while the stock would need to soar -1980.0% for it to hit the projected low.
PepGen Inc (PEPG) estimates and forecasts
Data shows that the PepGen Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -87.26% over the past 6 months, a 17.27% in annual growth rate that is considerably higher than the industry average of 15.90%.
According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -172.30%. The 2025 estimates are for PepGen Inc earnings to increase by 17.33%, but the outlook for the next 5-year period is at 8.50% per year.
PEPG Dividends
PepGen Inc is expected to release its next quarterly earnings report in March.
PepGen Inc (NASDAQ:PEPG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.02% of PepGen Inc shares while 96.40% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 96.42%. There are 96.40% institutions holding the PepGen Inc stock share, with RA CAPITAL MANAGEMENT, L.P. the top institutional holder. As of 2024-06-30, the company held 37.3025% of the shares, roughly 10.69 million PEPG shares worth $170.61 million.
SUVRETTA CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 5.3075% or 1.52 million shares worth $24.27 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 492.8 shares estimated at $0.62 million under it, the former controlled 1.51% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.32% of the shares, roughly 430.51 shares worth around $0.54 million.
