In last trading session, Maravai LifeSciences Holdings Inc (NASDAQ:MRVI) saw 2.29 million shares changing hands with its beta currently measuring -0.09. Company’s recent per share price level of $4.08 trading at -$0.02 or -0.49% at ring of the bell on the day assigns it a market valuation of $1.03B. That closing price of MRVI’s stock is at a discount of -183.33% from its 52-week high price of $11.56 and is indicating a premium of 0.74% from its 52-week low price of $4.05.
For Maravai LifeSciences Holdings Inc (MRVI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.13. Splitting up the data highlights that, out of 7 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 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.04 in the current quarter.
Maravai LifeSciences Holdings Inc (NASDAQ:MRVI) trade information
Upright in the red during last session for losing -0.49%, in the last five days MRVI remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $4.08 price level, adding 7.27% to its value on the day. Maravai LifeSciences Holdings Inc’s shares saw a change of -25.14% in year-to-date performance and have moved -3.77% in past 5-day. Maravai LifeSciences Holdings Inc (NASDAQ:MRVI) showed a performance of -14.47% in past 30-days.
Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a rise of 81.45% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 25. It follows that stock’s current price would drop -145.1% in reaching the projected high whereas dropping to the targeted low would mean a loss of -145.1% for stock’s current value.
Maravai LifeSciences Holdings Inc (MRVI) estimates and forecasts
This year revenue growth is estimated to fall -9.83% from the last financial year’s standing.
12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 57.79M for the same. And 12 analysts are in estimates of company making revenue of 63.62M in the next quarter. Company posted 74.14M and 64.18M of sales in current and next quarters respectively a year earlier.
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 -37.53% during past 5 years.
Maravai LifeSciences Holdings Inc (NASDAQ:MRVI)’s Major holders
GTCR LLC is the top institutional holder at MRVI for having 20.15 million shares of worth $144.27 million. And as of 2024-06-30, it was holding 15.2267 of the company’s outstanding shares.
The second largest institutional holder is 12 WEST CAPITAL MANAGEMENT LP, which was holding about 13.21 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.7254 of outstanding shares, having a total worth of $94.59 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 3.94 shares of worth $16.07 million or 2.78% of the total outstanding shares. The later fund manager was in possession of 3.24 shares on Nov 30, 2024 , making its stake of worth around $13.23 million in the company or a holder of 2.29% of company’s stock.
