During the last session, Immatics N.V (NASDAQ:IMTX)’s traded shares were 2.6 million, with the beta value of the company hitting 0.86. At the end of the trading day, the stock’s price was $4.53, reflecting an intraday loss of -3.21% or -$0.15. The 52-week high for the IMTX share is $13.77, that puts it down -203.97 from that peak though still a striking 10.38% gain since the share price plummeted to a 52-week low of $4.06. The company’s market capitalization is $540.69M, and the average intraday trading volume over the past 10 days was 0.88 million shares, and the average trade volume was 1.01 million shares over the past three months.
Immatics N.V (NASDAQ:IMTX) trade information
Immatics N.V (IMTX) registered a -3.21% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.21% in intraday trading to $4.53, hitting a weekly high. The stock’s 5-day price performance is -15.64%, and it has moved by 3.42% in 30 days. Based on these gigs, the overall price performance for the year is -59.77%. The short interest in Immatics N.V (NASDAQ:IMTX) is 8.65 million shares and it means that shorts have 12.42 day(s) to cover.
The consensus price target of analysts on Wall Street is $22, which implies an increase of 79.41% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $16 and $28 respectively. As a result, IMTX is trading at a discount of -518.1% off the target high and -253.2% off the low.
Immatics N.V (IMTX) estimates and forecasts
In the rating firms’ projections, revenue will increase 106.57% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 15.3M as predicted by 5 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 23.72M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 17.28M and 32.74M respectively. In this case, analysts expect current quarter sales to shrink by -11.49% and then drop by -27.57% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -17.16%. While earnings are projected to return 45.02% in 2025, the next five years will return -8.91% per annum.
IMTX Dividends
Immatics N.V is due to release its next quarterly earnings on 2024-Nov-17. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Immatics N.V (NASDAQ:IMTX)’s Major holders
Immatics N.V insiders own 22.17% of total outstanding shares while institutional holders control 87.51%, with the float percentage being 112.42%. RTW INVESTMENTS, LP is the largest shareholder of the company, while 110.0 institutions own stock in it. As of 2024-06-30, the company held over 10.0 million shares (or 10.1276% of all shares), a total value of $116.2 million in shares.
The next largest institutional holding, with 9.54 million shares, is of WELLINGTON MANAGEMENT GROUP LLP’s that is approximately 9.6583% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $110.82 million.
Also, the Mutual Funds coming in first place with the largest holdings of Immatics N.V (IMTX) shares are VANGUARD EXPLORER FUND and T. Rowe Price Small-Cap Value Fund, Inc. . Data provided on Oct 31, 2024 indicates that VANGUARD EXPLORER FUND owns about 3.63 shares. This amounts to just over 3.52 percent of the company’s overall shares, with a $16.45 million market value. The same data shows that the other fund manager holds slightly less at 2.86, or about 2.78% of the stock, which is worth about $12.98 million.
