Phathom Pharmaceuticals Inc (NASDAQ:PHAT)’s traded shares stood at 1.21 million during the last session, with the company’s beta value hitting 0.63. At the close of trading, the stock’s price was $5.79, to imply an increase of 3.76% or $0.21 in intraday trading. The PHAT share’s 52-week high remains $19.71, putting it -240.41% down since that peak but still an impressive 10.02% since price per share fell to its 52-week low of $5.21.
Analysts have given a consensus recommendation of Buy for Phathom Pharmaceuticals Inc (PHAT), translating to a mean rating of 1.22. Of 10 analyst(s) looking at the stock, 2 analyst(s) give PHAT a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -1.08.
Phathom Pharmaceuticals Inc (NASDAQ:PHAT) trade information
After registering a 3.76% upside in the last session, Phathom Pharmaceuticals Inc (PHAT) has traded red over the past five days. The 5-day price performance for the stock is 0.52%, and -11.74% over 30 days. With these gigs, the year-to-date price performance is -28.69%.
The extremes give us $12 and $35 for target low and target high price respectively. As such, PHAT has been trading -504.49% off suggested target high and -107.25% from its likely low.
Phathom Pharmaceuticals Inc (PHAT) estimates and forecasts
The rating firms project that company’s revenue will grow 7,414.06% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is 25.65M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 28.54M.Earnings reports from the last fiscal year show that sales brought in 682k and 1.91M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 3,661.58% before jumping 1,392.80% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -137.06% for the past 5-year period. While 2025 is set for a -34.71% return in earnings, projections for the next 5 years are at 22.16% annually.
PHAT Dividends
Phathom Pharmaceuticals Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Phathom Pharmaceuticals Inc (NASDAQ:PHAT)’s Major holders
The next major institution holding the largest number of shares is MEDICXI VENTURES MANAGEMENT (JERSEY) LTD with 7.46 million shares, or about 12.7473% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $76.89 million.
We also have Invesco Global Fund and PGIM Jennison Health Sciences Fd as the top two Mutual Funds with the largest holdings of the Phathom Pharmaceuticals Inc (PHAT) shares. Going by data provided on Oct 31, 2024, Invesco Global Fund holds roughly 1.98 shares. This is just over 2.89% of the total shares, with a market valuation of $11.44 million. Data from the same date shows that the other fund manager holds a little less at 1.78, or 2.61% of the shares, all valued at about 10.31 million.
