In the latest trading session, 66.74 million PepGen Inc (NASDAQ:PEPG) shares changed hands as the company’s beta touched 1.50. With the company’s most recent per share price at $3.45 changing hands around $2.08 or 151.54% at last look, the market valuation stands at $112.34M. PEPG’s current price is a discount, trading about -459.42% off its 52-week high of $19.30. The share price had its 52-week low at $1.16, which suggests the last value was 66.38% up since then.
Analysts gave the PepGen Inc (PEPG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.60. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended PEPG as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. PepGen Inc’s EPS for the current quarter is expected to be 0.
PepGen Inc (NASDAQ:PEPG) trade information
Instantly PEPG is in green as seen in intraday trades today. With action 171.35%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -9.07%, with the 5-day performance at 171.35% in the green. However, in the 30-day time frame, PepGen Inc (NASDAQ:PEPG) is 76.72% up.
The consensus price target for the stock as assigned by Wall Street analysts is 29.5, meaning bulls need an upside of 88.31% from its recent market value. According to analyst projections, PEPG’s forecast low is 26 with 33 as the target high. To hit the forecast high, the stock’s price needs a -856.52% plunge from its current level, while the stock would need to soar -653.62% for it to hit the projected low.
PepGen Inc (PEPG) estimates and forecasts
According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -172.30%. The 2025 estimates are for PepGen Inc earnings to increase by 12.95%, but the outlook for the next 5-year period is at 11.88% per year.
PepGen Inc (NASDAQ:PEPG)’s Major holders
SUVRETTA CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 4.6842% or 1.52 million shares worth $24.27 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 492.8 shares estimated at $1.31 million under it, the former controlled 1.51% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.32% of the shares, roughly 430.51 shares worth around $1.15 million.
