In the last trading session, 1.58 million Janux Therapeutics Inc (NASDAQ:JANX) shares changed hands as the company’s beta touched 3.17. With the company’s per share price at $41.31 changed hands at -$0.76 or -1.81% during last session, the market valuation stood at $2.39B. JANX’s last price was a discount, traded about -73.59% off its 52-week high of $71.71. The share price had its 52-week low at $7.79, which suggests the last value was 81.14% up since then. When we look at Janux Therapeutics Inc’s average trading volume, we note the 10-day average is 0.99 million shares, with the 3-month average coming to 1.15 million.
Analysts gave the Janux Therapeutics Inc (JANX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.27. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended JANX as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Janux Therapeutics Inc’s EPS for the current quarter is expected to be -0.45.
Janux Therapeutics Inc (NASDAQ:JANX) trade information
Instantly JANX was in red as seen at the end of in last trading. With action -1.36%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -22.84%, with the 5-day performance at -1.36% in the red. However, in the 30-day time frame, Janux Therapeutics Inc (NASDAQ:JANX) is -22.41% down. Looking at the short shares, we see there were 8.55 million shares sold at short interest cover period of 8.41 days.
The consensus price target for the stock as assigned by Wall Street analysts is 69.5, meaning bulls need an upside of 40.56% from its current market value. According to analyst projections, JANX’s forecast low is 42 with 100 as the target high. To hit the forecast high, the stock’s price needs a -142.07% plunge from its current level, while the stock would need to soar -1.67% for it to hit the projected low.
Janux Therapeutics Inc (JANX) estimates and forecasts
Data shows that the Janux Therapeutics Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 6.58% over the past 6 months, a -4.55% in annual growth rate that is considerably lower than the industry average of 15.90%. Year-over-year growth is forecast to reach 36.46% up from the last financial year.
Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 490k. 9 analysts are of the opinion that Janux Therapeutics Inc’s revenue for the current quarter will be 1.21M. The company’s revenue for the corresponding quarters a year ago was 2.46M and 1.25M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -80.09%. The estimates for the next quarter sales put growth at -3.29%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -92.62%. The 2025 estimates are for Janux Therapeutics Inc earnings to decrease by -11.44%, but the outlook for the next 5-year period is at -24.84% per year.
JANX Dividends
Janux Therapeutics Inc is expected to release its next quarterly earnings report in March.
Janux Therapeutics Inc (NASDAQ:JANX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.22% of Janux Therapeutics Inc shares while 86.66% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 93.41%. There are 86.66% institutions holding the Janux Therapeutics Inc stock share, with RA CAPITAL MANAGEMENT, L.P. the top institutional holder. As of 2024-06-30, the company held 18.6864% of the shares, roughly 9.17 million JANX shares worth $383.95 million.
FMR LLC holds the second largest percentage of outstanding shares, with 15.8566% or 7.78 million shares worth $325.8 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Fidelity Growth Company Fund and Vanguard Total Stock Market Index Fund. With 1.31 shares estimated at $54.13 million under it, the former controlled 2.50% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.91% of the shares, roughly 1.0 shares worth around $41.38 million.
