In last trading session, Quanterix Corp (NASDAQ:QTRX) saw 0.53 million shares changing hands with its beta currently measuring 1.31. Company’s recent per share price level of $7.55 trading at -$0.03 or -0.40% at ring of the bell on the day assigns it a market valuation of $290.85M. That closing price of QTRX’s stock is at a discount of -293.38% from its 52-week high price of $29.70 and is indicating a premium of 0.79% from its 52-week low price of $7.49.

For Quanterix Corp (QTRX), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.40. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 1 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 in the current quarter.

Quanterix Corp (NASDAQ:QTRX) trade information

Upright in the red during last session for losing -0.40%, in the last five days QTRX remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $7.55 price level, adding 8.93% to its value on the day. Quanterix Corp’s shares saw a change of -28.97% in year-to-date performance and have moved -6.33% in past 5-day. Quanterix Corp (NASDAQ:QTRX) showed a performance of -24.65% in past 30-days.

Wall Street analysts have assigned a consensus price target of 25 to the stock, which implies a rise of 69.8% to its current value. Analysts have been projecting 13 as a low price target for the stock while placing it at a high target of 32. It follows that stock’s current price would drop -72.19% in reaching the projected high whereas dropping to the targeted low would mean a loss of -72.19% for stock’s current value.

Quanterix Corp (QTRX) estimates and forecasts

This year revenue growth is estimated to rise 12.11% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 34.93M for the same. And 5 analysts are in estimates of company making revenue of 34.77M in the next quarter. Company posted 31.55M and 32.07M 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 12.06% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -10.05% while estimates for its earnings growth in next 5 years are of 4.80%.

Quanterix Corp (NASDAQ:QTRX)’s Major holders

ALLIANCEBERNSTEIN L.P. is the top institutional holder at QTRX for having 3.41 million shares of worth $45.11 million. And as of 2024-06-30, it was holding 8.9071 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 3.14 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.2291 of outstanding shares, having a total worth of $41.45 million.

On the other hand, Fidelity Rutland Square Tr II-Strategic Advisers U.S. Total Stock Fd and AB Cap Fd.-AB Small Cap Growth Port are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.64 shares of worth $12.38 million or 4.26% of the total outstanding shares. The later fund manager was in possession of 1.26 shares on Dec 31, 2024 , making its stake of worth around $9.48 million in the company or a holder of 3.26% of company’s stock.