In last trading session, Aclaris Therapeutics Inc (NASDAQ:ACRS) saw 0.81 million shares changing hands with its beta currently measuring 0.44. Company’s recent per share price level of $1.40 trading at -$0.09 or -6.04% at ring of the bell on the day assigns it a market valuation of $151.09M. That closing price of ACRS’s stock is at a discount of -269.29% from its 52-week high price of $5.17 and is indicating a premium of 32.14% from its 52-week low price of $0.95. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.77 million shares which gives us an average trading volume of 901.24K if we extend that period to 3-months.
For Aclaris Therapeutics Inc (ACRS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.40. Splitting up the data highlights that, out of 4 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.12 in the current quarter.
Aclaris Therapeutics Inc (NASDAQ:ACRS) trade information
Upright in the red during last session for losing -6.04%, in the last five days ACRS remained trading in the red while hitting it’s week-highest on Thursday, 04/03/25 when the stock touched $1.40 price level, adding 11.67% to its value on the day. Aclaris Therapeutics Inc’s shares saw a change of -43.55% in year-to-date performance and have moved -11.95% in past 5-day. Aclaris Therapeutics Inc (NASDAQ:ACRS) showed a performance of -23.08% in past 30-days. Number of shares sold short was 6.03 million shares which calculate 7.26 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 80.0% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -114.29% in reaching the projected high whereas dropping to the targeted low would mean a loss of -114.29% for stock’s current value.
Aclaris Therapeutics Inc (ACRS) estimates and forecasts
This year revenue growth is estimated to rise 1.14% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.78M for the same. And 5 analysts are in estimates of company making revenue of 4.94M in the next quarter. Company posted 2.4M and 2.77M of sales in current and next quarters respectively a year earlier.
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 15.24% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 59.27% while estimates for its earnings growth in next 5 years are of 19.51%.
Aclaris Therapeutics Inc (NASDAQ:ACRS)’s Major holders
Insiders are in possession of 2.65% of company’s total shares while institution are holding 82.41 percent of that, with stock having share float percentage of 84.66%. Investors also watch the number of corporate investors in a company very closely, which is 82.41% institutions for Aclaris Therapeutics Inc that are currently holding shares of the company. BML CAPITAL MANAGEMENT, LLC is the top institutional holder at ACRS for having 12.99 million shares of worth $14.29 million. And as of 2024-06-30, it was holding 18.2184 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.69 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.5952 of outstanding shares, having a total worth of $5.16 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.12 shares of worth $2.96 million or 1.96% of the total outstanding shares. The later fund manager was in possession of 968.7 shares on Dec 31, 2024 , making its stake of worth around $1.36 million in the company or a holder of 0.90% of company’s stock.
