With 53.28% Distance From Low, Is Tectonic Therapeutic Inc (NASDAQ:TECX) Still Renewed For Growth?

In last trading session, Tectonic Therapeutic Inc (NASDAQ:TECX) saw 0.32 million shares changing hands with its beta currently measuring 1.20. Company’s recent per share price level of $29.54 trading at -$1.29 or -4.20% at ring of the bell on the day assigns it a market valuation of $544.78M. That closing price of TECX’s stock is at a discount of -106.74% from its 52-week high price of $61.07 and is indicating a premium of 53.28% from its 52-week low price of $13.80.

For Tectonic Therapeutic Inc (TECX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. 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 in the current quarter.

Tectonic Therapeutic Inc (NASDAQ:TECX) trade information

Upright in the red during last session for losing -4.20%, in the last five days TECX remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $29.54 price level, adding 18.19% to its value on the day. Tectonic Therapeutic Inc’s shares saw a change of -36.02% in year-to-date performance and have moved -14.18% in past 5-day. Tectonic Therapeutic Inc (NASDAQ:TECX) showed a performance of -29.67% in past 30-days.

Tectonic Therapeutic Inc (TECX) estimates and forecasts

In 2025, company’s earnings growth rate is likely to be around 55.24% while estimates for its earnings growth in next 5 years are of 31.76%.

On the other hand, Vanguard Total Stock Market Index Fund and Fidelity Advisor Biotechnology Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 381.59 shares of worth $11.27 million or 2.59% of the total outstanding shares. The later fund manager was in possession of 142.6 shares on Dec 31, 2024 , making its stake of worth around $4.21 million in the company or a holder of 0.97% of company’s stock.