In the last trading session, 11.37 million shares of the Geron Corp (NASDAQ:GERN) were traded, and its beta was 0.68. Most recently the company’s share price was $1.49, and it changed around $0.04 or 2.76% from the last close, which brings the market valuation of the company to $949.01M. GERN currently trades at a discount to its 52-week high of $5.34, offering almost -258.39% off that amount. The share price’s 52-week low was $1.17, which indicates that the current value has risen by an impressive 21.48% since then.
Geron Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.78. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 3 recommended GERN as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Geron Corp is expected to report earnings per share of -0.03 for the current quarter.
Geron Corp (NASDAQ:GERN) trade information
Instantly GERN has showed a green trend with a performance of 2.76% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.5400 on recent trading dayincreased the stock’s daily price by 3.25%. The company’s shares are currently down -57.91% year-to-date, but still up 7.19% over the last five days. On the other hand, Geron Corp (NASDAQ:GERN) is 4.93% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to increase their stock price by 62.75% from its current value. Analyst projections state that GERN is forecast to be at a low of $4 and a high of $4.
Geron Corp (GERN) estimates and forecasts
The year-over-year growth rate is expected to be 158.10%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 46.85M in revenue for the current quarter. 7 analysts expect Geron Corp to make 52.35M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 882k and 28.27M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 5,212.10%. Forecasts for the next quarter put sales growth at 85.16%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.60%.
GERN Dividends
Geron Corp’s next quarterly earnings report is expected to be released in June.
RA CAPITAL MANAGEMENT, L.P., with 7.0656% or 46.2 million shares worth $195.9 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 17.67 shares worth $26.33 million, making up 2.77% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 15.53 shares worth around $23.14 million, which represents about 2.44% of the total shares outstanding.
