In today’s recent session, 0.97 million shares of the Moderna Inc (NASDAQ:MRNA) have been traded, and its beta is 2.20. Most recently the company’s share price was $34.15, and it changed around -$0.02 or -0.06% from the last close, which brings the market valuation of the company to $13.18B. MRNA at last check was trading at a discount to its 52-week high of $170.47, offering almost -399.18% off that amount. The share price’s 52-week low was $29.25, which indicates that the recent value has risen by an impressive 14.35% since then. We note from Moderna Inc’s average daily trading volume that its 10-day average is 8.06 million shares, with the 3-month average coming to 11.42 million.
Moderna Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.89. If we narrow it down even further, the data shows that 1 out of 27 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 17 recommended MRNA as a Hold, whereas 5 deemed it a Buy, and 3 rated it as Underweight. Moderna Inc is expected to report earnings per share of -3.14 for the current quarter.
Moderna Inc (NASDAQ:MRNA) trade information
Instantly MRNA has been showing red trend so far today with a performance of -0.06% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 34.87 on recent trading dayincreased the stock’s daily price by 2.06%. The company’s shares are currently down -17.87% year-to-date, but still up 1.01% over the last five days. On the other hand, Moderna Inc (NASDAQ:MRNA) is 0.74% up in the 30-day period. We can see from the shorts that 45.06 million shares have been sold at a short interest cover period of 3.6 day(s).
The consensus price target as assigned by Wall Street analysts is $55, which translates to bulls needing to increase their stock price by 37.91% from its current value. Analyst projections state that MRNA is forecast to be at a low of $45 and a high of $69.
Moderna Inc (MRNA) estimates and forecasts
The year-over-year growth rate is expected to be -32.62%, down from the previous year.
Consensus estimates provided by 12 financial analysts predict the company will bring in an average of 130.35M in revenue for the current quarter. 12 analysts expect Moderna Inc to make 114.37M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 167M and 241M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -21.95%. Forecasts for the next quarter put sales growth at -52.54%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -42.94%. Moderna Inc earnings are expected to increase by -9.79% in 2025, but the outlook is positive 14.34% per year for the next five years.
Moderna Inc (NASDAQ:MRNA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 7.27% of Moderna Inc shares, and 72.75% of them are in the hands of institutional investors. The stock currently has a share float of 78.46%. Moderna Inc stock is held by 1141.0 institutions, with BAILLIE GIFFORD & CO being the largest institutional investor. By 2024-06-30, it held 11.3149% of the shares, which is about 43.45 million shares worth $5.16 billion.
VANGUARD GROUP INC, with 10.3568% or 39.56 million shares worth $4.7 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 10.87 shares worth $370.9 million, making up 2.81% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 9.17 shares worth around $312.76 million, which represents about 2.37% of the total shares outstanding.
