In the last trading session, 1.12 million Precigen Inc (NASDAQ:PGEN) shares changed hands as the company’s beta touched 1.63. With the company’s per share price at $1.91 changed hands at -$0.06 or -3.05% during last session, the market valuation stood at $559.38M. PGEN’s last price was a discount, traded about -13.61% off its 52-week high of $2.17. The share price had its 52-week low at $0.65, which suggests the last value was 65.97% up since then.
Analysts gave the Precigen Inc (PGEN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. 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 PGEN as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Precigen Inc’s EPS for the current quarter is expected to be -0.06.
Precigen Inc (NASDAQ:PGEN) trade information
Instantly PGEN was in red as seen at the end of in last trading. With action -3.54%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 70.54%, with the 5-day performance at -3.54% in the red. However, in the 30-day time frame, Precigen Inc (NASDAQ:PGEN) is 69.03% up.
The consensus price target for the stock as assigned by Wall Street analysts is 6, meaning bulls need an upside of 68.17% from its current market value. According to analyst projections, PGEN’s forecast low is 6 with 6 as the target high. To hit the forecast high, the stock’s price needs a -214.14% plunge from its current level, while the stock would need to soar -214.14% for it to hit the projected low.
Precigen Inc (PGEN) estimates and forecasts
Year-over-year growth is forecast to reach -35.67% down from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 1.3M. 3 analysts are of the opinion that Precigen Inc’s revenue for the current quarter will be 733.33k. The company’s revenue for the corresponding quarters a year ago was 1.23M and 1.06M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.86%. The estimates for the next quarter sales put growth at -31.14%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 36.94%. The 2025 estimates are for Precigen Inc earnings to decrease by -17.31%.
Precigen Inc (NASDAQ:PGEN)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 4.1116% or 10.25 million shares worth $16.19 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Trust for Advised Port-Patient Opportunity Trust and Vanguard Total Stock Market Index Fund. With 14.4 shares estimated at $27.5 million under it, the former controlled 4.92% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.86% of the shares, roughly 5.45 shares worth around $10.42 million.
