Is GRAIL Inc (NASDAQ: GRAL) Still A Buy After A 18.71% Weekly Jump?

During the last session, GRAIL Inc (NASDAQ:GRAL)’s traded shares were 0.64 million. At the end of the trading day, the stock’s price was $27.00, reflecting an intraday gain of 1.89% or $0.5. The 52-week high for the GRAL share is $63.99, that puts it down -137.0 from that peak though still a striking 54.33% gain since the share price plummeted to a 52-week low of $12.33. The company’s market capitalization is $953.02M, and the average intraday trading volume over the past 10 days was 1.32 million shares, and the average trade volume was 1.55 million shares over the past three months.

GRAIL Inc (NASDAQ:GRAL) trade information

GRAIL Inc (GRAL) registered a 1.89% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.89% in intraday trading to $27.00, hitting a weekly high. The stock’s 5-day price performance is 18.71%, and it has moved by -3.61% in 30 days. The short interest in GRAIL Inc (NASDAQ:GRAL) is 4.81 million shares and it means that shorts have 3.47 day(s) to cover.

GRAIL Inc (GRAL) estimates and forecasts

In the rating firms’ projections, revenue will increase 22.20% 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 35.8M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 38.15M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -89.93%. While earnings are projected to return 76.94% in 2025, the next five years will return 46.18% per annum.

GRAL Dividends

GRAIL Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

GRAIL Inc (NASDAQ:GRAL)’s Major holders

GRAIL Inc insiders own 13.10% of total outstanding shares while institutional holders control 75.57%, with the float percentage being 86.96%. SESSA CAPITAL IM, L.P. is the largest shareholder of the company, while 461.0 institutions own stock in it. As of 2024-06-30, the company held over 2.45 million shares (or 7.8907% of all shares), a total value of $37.66 million in shares.

The next largest institutional holding, with 1.87 million shares, is of PRIMECAP MANAGEMENT CO/CA/’s that is approximately 6.0075% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $28.67 million.

Also, the Mutual Funds coming in first place with the largest holdings of GRAIL Inc (GRAL) shares are PRIMECAP Odyssey Funds-PRIMECAP Odyssey Aggressive Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Jan 31, 2025 indicates that PRIMECAP Odyssey Funds-PRIMECAP Odyssey Aggressive Growth Fund owns about 1.46 shares. This amounts to just over 4.13 percent of the company’s overall shares, with a $39.41 million market value. The same data shows that the other fund manager holds slightly less at 830.66, or about 2.35% of the stock, which is worth about $22.43 million.