PepGen Inc (NASDAQ: PEPG) Could See Prices Soar In The Coming Months

In the last trading session, 2.21 million shares of the PepGen Inc (NASDAQ:PEPG) were traded, and its beta was 0.98. Most recently the company’s share price was $2.81, and it changed around -$0.34 or -10.79% from the last close, which brings the market valuation of the company to $91.86M. PEPG currently trades at a discount to its 52-week high of $19.30, offering almost -586.83% off that amount. The share price’s 52-week low was $1.16, which indicates that the current value has risen by an impressive 58.72% since then.

PepGen Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.60. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended PEPG as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight. PepGen Inc is expected to report earnings per share of -0.75 for the current quarter.

PepGen Inc (NASDAQ:PEPG) trade information

Instantly PEPG has showed a red trend with a performance of -10.79% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.17 on recent trading dayincreased the stock’s daily price by 11.36%. The company’s shares are currently down -25.86% year-to-date, but still up 22.71% over the last five days. On the other hand, PepGen Inc (NASDAQ:PEPG) is 95.14% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $29.5, which translates to bulls needing to increase their stock price by 90.47% from its current value. Analyst projections state that PEPG is forecast to be at a low of $26 and a high of $33.

Forecasts for the next quarter put sales growth at 0.00%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -116.35%. PepGen Inc earnings are expected to increase by 6.46% in 2025, but the outlook is positive 11.88% per year for the next five years.

PEPG Dividends

PepGen Inc’s next quarterly earnings report is expected to be released in April.

SUVRETTA CAPITAL MANAGEMENT, LLC, with 4.6842% or 1.52 million shares worth $24.27 million as of 2024-06-30, holds the second largest percentage of outstanding shares.