Prothena Corporation plc (PRTA) Shares Are Down -65.50% So Far This Year

Prothena Corporation plc (NASDAQ:PRTA) has a beta value of 0.06 and has seen 2.21 million shares traded in the last trading session. The company, currently valued at $408.54M, closed the last trade at $7.59 per share which meant it lost -$0.02 on the day or -0.26% during that session. The PRTA stock price is -234.91% off its 52-week high price of $25.42 and 8.83% above the 52-week low of $6.92.

The consensus among analysts is that Prothena Corporation plc (PRTA) is Buy stock at the moment, with a recommendation rating of 1.40. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 15 have rated it as a Hold, with 11 advising it as a Buy. 0 have rated the stock as Underweight.

Prothena Corporation plc (NASDAQ:PRTA) trade information

Sporting -0.26% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PRTA stock price touched $7.59 or saw a rise of 6.06%. Year-to-date, Prothena Corporation plc shares have moved -45.20%, while the 5-day performance has seen it change 3.27%. Over the past 30 days, the shares of Prothena Corporation plc (NASDAQ:PRTA) have changed -25.73%.

Wall Street analysts have a consensus price target for the stock at $56, which means that the shares’ value could jump 86.45% from current levels. The projected low price target is $24.0 while the price target rests at a high of $98.0. In that case, then, we find that the current price level is -1191.17% off the targeted high while a plunge would see the stock gain -216.21% from current levels.

Prothena Corporation plc (PRTA) estimates and forecasts

The company’s shares have lost -56.60% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -3.15% over the past 5 years. Earnings growth for 2025 is a modest -54.63% while over the next 5 years, the company’s earnings are expected to decrease by -9.83%.

PRTA Dividends

Prothena Corporation plc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Prothena Corporation plc (NASDAQ:PRTA)’s Major holders

The top two institutional holders are ECOR1 CAPITAL, LLC with over 11.58 million shares worth more than $239.1 million. As of 2024-06-30, ECOR1 CAPITAL, LLC held 21.5453% of shares outstanding.

The other major institutional holder is FMR LLC, with the holding of over 8.07 million shares as of 2024-06-30. The firm’s total holdings are worth over $166.48 million and represent 15.0012% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VANGUARD SPECIALIZED FUNDS-Vanguard Health Care Fund and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund . As of Jan 31, 2025 , the former fund manager holds about 7.84% shares in the company for having 4.22 shares of worth $32.03 million while later fund manager owns 2.32 shares of worth $17.59 million as of Mar 31, 2025 , which makes it owner of about 4.31% of company’s outstanding stock.