Should You Expect Alpha Teknova Inc (NASDAQ:TKNO) To Recover From Its 82.31% Gain From Highs?

Alpha Teknova Inc (NASDAQ:TKNO)’s traded shares stood at 0.34 million during the last session, with the company’s beta value hitting 0.46. At the close of trading, the stock’s price was $6.50, to imply a decrease of -1.29% or -$0.09 in intraday trading. The TKNO share’s 52-week high remains $10.37, putting it -59.54% down since that peak but still an impressive 82.31% since price per share fell to its 52-week low of $1.15.

Alpha Teknova Inc (NASDAQ:TKNO) trade information

After registering a -1.29% downside in the last session, Alpha Teknova Inc (TKNO) has traded red over the past five days. The 5-day price performance for the stock is -12.75%, and -29.12% over 30 days. With these gigs, the year-to-date price performance is -22.16%.

Alpha Teknova Inc (TKNO) estimates and forecasts

The rating firms project that company’s revenue will grow 1.44% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is 8.72M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 9.88M.Earnings reports from the last fiscal year show that sales brought in 7.87M and 9.29M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 10.87% before jumping 6.39% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -113.92% for the past 5-year period. While 2025 is set for a 49.66% return in earnings, projections for the next 5 years are at 34.90% annually.

TKNO Dividends

Alpha Teknova Inc has its next earnings report out in April. 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.

The next major institution holding the largest number of shares is BALYASNY ASSET MANAGEMENT L.P. with 1.05 million shares, or about 2.5595% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.43 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Alpha Teknova Inc (TKNO) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 303.05 shares. This is just over 0.57% of the total shares, with a market valuation of $1.97 million. Data from the same date shows that the other fund manager holds a little less at 240.63, or 0.45% of the shares, all valued at about 1.56 million.