Relay Therapeutics Inc (NASDAQ:RLAY) Has Seen A Fall Of -64.11% This Year, Is It Still A Better Option Than Others?

In last trading session, Relay Therapeutics Inc (NASDAQ:RLAY) saw 4.18 million shares changing hands with its beta currently measuring 1.53. Company’s recent per share price level of $3.41 trading at -$0.25 or -6.83% at ring of the bell on the day assigns it a market valuation of $578.07M. That closing price of RLAY’s stock is at a discount of -214.37% from its 52-week high price of $10.72 and is indicating a premium of 11.44% from its 52-week low price of $3.02. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.81 million shares which gives us an average trading volume of 2.21 million if we extend that period to 3-months.

For Relay Therapeutics Inc (RLAY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.23. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.51 in the current quarter.

Relay Therapeutics Inc (NASDAQ:RLAY) trade information

Upright in the red during last session for losing -6.83%, in the last five days RLAY remained trading in the red while hitting it’s week-highest on Thursday, 03/13/25 when the stock touched $3.41 price level, adding 12.79% to its value on the day. Relay Therapeutics Inc’s shares saw a change of -17.23% in year-to-date performance and have moved -2.01% in past 5-day. Relay Therapeutics Inc (NASDAQ:RLAY) showed a performance of -8.82% in past 30-days. Number of shares sold short was 16.19 million shares which calculate 10.69 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 19 to the stock, which implies a rise of 82.05% to its current value. Analysts have been projecting 19 as a low price target for the stock while placing it at a high target of 19. It follows that stock’s current price would drop -457.18% in reaching the projected high whereas dropping to the targeted low would mean a loss of -457.18% for stock’s current value.

Relay Therapeutics Inc (RLAY) estimates and forecasts

This year revenue growth is estimated to fall -61.36% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 11.11k for the same. And 8 analysts are in estimates of company making revenue of 3.76M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -23.05% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 2.79% while estimates for its earnings growth in next 5 years are of 0.41%.

Relay Therapeutics Inc (NASDAQ:RLAY)’s Major holders

Insiders are in possession of 1.80% of company’s total shares while institution are holding 99.33 percent of that, with stock having share float percentage of 101.15%. Investors also watch the number of corporate investors in a company very closely, which is 99.33% institutions for Relay Therapeutics Inc that are currently holding shares of the company. SB INVESTMENT ADVISERS (UK) LTD is the top institutional holder at RLAY for having 27.9 million shares of worth $181.94 million. And as of 2024-06-30, it was holding 21.0093 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 11.7 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.8125 of outstanding shares, having a total worth of $76.32 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 4.86 shares of worth $16.56 million or 2.87% of the total outstanding shares. The later fund manager was in possession of 4.05 shares on Dec 31, 2024 , making its stake of worth around $13.81 million in the company or a holder of 2.39% of company’s stock.