Arcus Biosciences Inc (NYSE:RCUS) has a beta value of 1.33 and has seen 0.56 million shares traded in the recent trading session. The company, currently valued at $1.05B, closed the recent trade at $11.51 per share which meant it gained $0.55 on the day or 5.02% during that session. The RCUS stock price is -76.46% off its 52-week high price of $20.31 and 7.47% above the 52-week low of $10.65.
The consensus among analysts is that Arcus Biosciences Inc (RCUS) is Buy stock at the moment, with a recommendation rating of 1.58. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -1.2.
Arcus Biosciences Inc (NYSE:RCUS) trade information
Sporting 5.02% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the RCUS stock price touched $11.51 or saw a rise of 14.68%. Year-to-date, Arcus Biosciences Inc shares have moved -22.70%, while the 5-day performance has seen it change -3.84%. Over the past 30 days, the shares of Arcus Biosciences Inc (NYSE:RCUS) have changed -17.96%.
Wall Street analysts have a consensus price target for the stock at $32, which means that the shares’ value could jump 64.03% from the levels at last check today. The projected low price target is $20.0 while the price target rests at a high of $46.0. In that case, then, we find that the latest price level in today’s session is -299.65% off the targeted high while a plunge would see the stock gain -73.76% from the levels at last check today.
Arcus Biosciences Inc (RCUS) estimates and forecasts
The company’s shares have lost -26.22% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 123.58%.
7 analysts offering their estimates for the company have set an average revenue estimate of 31M for the current quarter. 6 have an estimated revenue figure of 42.64M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -23.70% over the past 5 years. Earnings growth for 2025 is a modest 17.81% while over the next 5 years, the company’s earnings are expected to decrease by -1.18%.
RCUS Dividends
Arcus Biosciences Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Arcus Biosciences Inc (NYSE:RCUS)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 9.76 million shares worth more than $148.69 million. As of 2024-06-30, BLACKROCK INC. held 11.3261% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 5.26 million shares as of 2024-06-30. The firm’s total holdings are worth over $80.07 million and represent 6.099% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Fidelity Select Portfolios – Biotechnology. As of Nov 30, 2024, the former fund manager holds about 3.80% shares in the company for having 3.48 shares of worth $40.16 million while later fund manager owns 1.74 shares of worth $20.12 million as of Dec 31, 2024, which makes it owner of about 1.90% of company’s outstanding stock.
