In the last trading session, 1.58 million shares of the Cogent Biosciences Inc (NASDAQ:COGT) were traded, and its beta was 1.83. Most recently the company’s share price was $4.88, and it changed around $0.06 or 1.24% from the last close, which brings the market valuation of the company to $555.62M. COGT currently trades at a discount to its 52-week high of $12.61, offering almost -158.4% off that amount. The share price’s 52-week low was $3.72, which indicates that the current value has risen by an impressive 23.77% since then.
Cogent Biosciences Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 3 recommended COGT as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.
Cogent Biosciences Inc (NASDAQ:COGT) trade information
Instantly COGT has showed a green trend with a performance of 1.24% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.34 on recent trading dayincreased the stock’s daily price by 8.61%. The company’s shares are currently down -37.44% year-to-date, but still down -2.01% over the last five days. On the other hand, Cogent Biosciences Inc (NASDAQ:COGT) is 5.17% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $14, which translates to bulls needing to increase their stock price by 65.14% from its current value. Analyst projections state that COGT is forecast to be at a low of $14 and a high of $14.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 10.02%. Cogent Biosciences Inc earnings are expected to increase by 6.77% in 2025, but the outlook is positive 30.21% per year for the next five years.
COGT Dividends
Cogent Biosciences Inc’s next quarterly earnings report is expected to be released in June.
COMMODORE CAPITAL LP, with 9.8126% or 9.74 million shares worth $82.09 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Securities Fund-Fidelity Small Cap Growth Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 3.29 shares worth $16.06 million, making up 2.89% of all outstanding shares. On the other hand, Fidelity Securities Fund-Fidelity Small Cap Growth Fund held roughly 2.58 shares worth around $12.59 million, which represents about 2.27% of the total shares outstanding.
