In the last trading session, 6.36 million Geron Corp (NASDAQ:GERN) shares changed hands as the company’s beta touched 0.77. With the company’s per share price at $1.42 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $904.42M. GERN’s last price was a discount, traded about -276.06% off its 52-week high of $5.34. The share price had its 52-week low at $1.17, which suggests the last value was 17.61% up since then. When we look at Geron Corp’s average trading volume, we note the 10-day average is 10.94 million shares, with the 3-month average coming to 15.56 million.
Analysts gave the Geron Corp (GERN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.56. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended GERN as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Geron Corp’s EPS for the current quarter is expected to be -0.04.
Geron Corp (NASDAQ:GERN) trade information
The company’s shares are showing year-to-date downside of -59.89%, with the 5-day performance at 11.81% in the green. However, in the 30-day time frame, Geron Corp (NASDAQ:GERN) is -16.47% down. Looking at the short shares, we see there were 62.23 million shares sold at short interest cover period of 4.26 days.
The consensus price target for the stock as assigned by Wall Street analysts is 6, meaning bulls need an upside of 76.33% from its current market value. According to analyst projections, GERN’s forecast low is 4 with 8 as the target high. To hit the forecast high, the stock’s price needs a -463.38% plunge from its current level, while the stock would need to soar -181.69% for it to hit the projected low.
Geron Corp (GERN) estimates and forecasts
Year-over-year growth is forecast to reach 190.06% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 48.54M. 7 analysts are of the opinion that Geron Corp’s revenue for the current quarter will be 51.98M. The company’s revenue for the corresponding quarters a year ago was 304k and 882k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 15,867.39%. The estimates for the next quarter sales put growth at 5,793.29%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.60%. The 2025 estimates are for Geron Corp earnings to increase by 57.98%.
GERN Dividends
Geron Corp is expected to release its next quarterly earnings report on 2025-Feb-25.
Geron Corp (NASDAQ:GERN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.09% of Geron Corp shares while 83.38% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 83.46%. There are 83.38% institutions holding the Geron Corp stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 7.1191% of the shares, roughly 46.55 million GERN shares worth $197.38 million.
RA CAPITAL MANAGEMENT, L.P. holds the second largest percentage of outstanding shares, with 7.0656% or 46.2 million shares worth $195.9 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 17.67 shares estimated at $25.09 million under it, the former controlled 2.77% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.44% of the shares, roughly 15.53 shares worth around $22.05 million.
