In the latest trading session,, 0.91 million Ardelyx Inc (NASDAQ:ARDX) shares changed hands as the company’s beta touched 0.58. With the company’s most recent per share price at $3.85 changed hands at -$0.03 or -0.78% at last look, the market valuation stands at $921.11M. ARDX’s current price is a discount, trading about -109.35% off its 52-week high of $8.06. The share price had its 52-week low at $3.21, which suggests the last value was 16.62% up since then.
Analysts gave the Ardelyx Inc (ARDX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.42. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended ARDX as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight.
Ardelyx Inc (NASDAQ:ARDX) trade information
Instantly ARDX was in red as seen in intraday trades today. With action 9.06%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -24.07%, with the 5-day performance at 9.06% in the green. However, in the 30-day time frame, Ardelyx Inc (NASDAQ:ARDX) is -20.04% down.
The consensus price target for the stock as assigned by Wall Street analysts is 11, meaning bulls need an upside of 65.0% from its recent market value. According to analyst projections, ARDX’s forecast low is 8 with 14 as the target high. To hit the forecast high, the stock’s price needs a -263.64% plunge from its current level, while the stock would need to soar -107.79% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 35.34%. The 2025 estimates are for Ardelyx Inc earnings to decrease by -123.26%.
ARDX Dividends
Ardelyx Inc is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.4828% or 17.55 million shares worth $130.06 million as of 2024-06-30.
Among Mutual Funds, the top two as of Feb 28, 2025 were Delaware Group Equity Funds V-Macquarie Small Cap Core Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 8.87 shares estimated at $34.29 million under it, the former controlled 3.71% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.95% of the shares, roughly 7.05 shares worth around $27.23 million.
