In last trading session, CARGO Therapeutics Inc (NASDAQ:CRGX) saw 0.58 million shares changing hands with its beta currently measuring 2.01. Company’s recent per share price level of $3.77 trading at $0.08 or 2.17% at ring of the bell on the day assigns it a market valuation of $173.52M. That closing price of CRGX’s stock is at a discount of -799.73% from its 52-week high price of $33.92 and is indicating a premium of 20.42% from its 52-week low price of $3.00.
For CARGO Therapeutics Inc (CRGX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.95 in the current quarter.
CARGO Therapeutics Inc (NASDAQ:CRGX) trade information
Upright in the green during last session for gaining 2.17%, in the last five days CRGX remained trading in the green while hitting it’s week-highest on Thursday, 02/20/25 when the stock touched $3.77 price level, adding 4.56% to its value on the day. CARGO Therapeutics Inc’s shares saw a change of -73.86% in year-to-date performance and have moved 2.17% in past 5-day. CARGO Therapeutics Inc (NASDAQ:CRGX) showed a performance of -70.36% in past 30-days.
Wall Street analysts have assigned a consensus price target of 20.5 to the stock, which implies a rise of 81.61% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 34. It follows that stock’s current price would drop -85.68% in reaching the projected high whereas dropping to the targeted low would mean a loss of -85.68% for stock’s current value.
CARGO Therapeutics Inc (CRGX) estimates and forecasts
In 2025, company’s earnings growth rate is likely to be around 77.79% while estimates for its earnings growth in next 5 years are of 48.58%.
CARGO Therapeutics Inc (NASDAQ:CRGX)’s Major holders
FMR LLC is the top institutional holder at CRGX for having 6.88 million shares of worth $112.92 million. And as of 2024-06-30, it was holding 15.8659 of the company’s outstanding shares.
The second largest institutional holder is SAMSARA BIOCAPITAL, LLC, which was holding about 4.42 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.1875 of outstanding shares, having a total worth of $72.51 million.
On the other hand, Price (T.Rowe) Health Sciences Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 1.3 shares of worth $4.9 million or 2.82% of the total outstanding shares. The later fund manager was in possession of 1.2 shares on Sep 30, 2024 , making its stake of worth around $4.52 million in the company or a holder of 2.61% of company’s stock.
