In the latest trading session,, 1.12 million Ardelyx Inc (NASDAQ:ARDX) shares changed hands as the company’s beta touched 0.59. With the company’s most recent per share price at $3.64 changed hands at -$0.04 or -1.08% at last look, the market valuation stands at $870.91M. ARDX’s current price is a discount, trading about -121.43% 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 11.81% up since then.
Analysts gave the Ardelyx Inc (ARDX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.27. 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’s EPS for the current quarter is expected to be -0.14.
Ardelyx Inc (NASDAQ:ARDX) trade information
Instantly ARDX was in red as seen in intraday trades today. With action -5.45%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -28.20%, with the 5-day performance at -5.45% in the red.
The consensus price target for the stock as assigned by Wall Street analysts is 11, meaning bulls need an upside of 66.91% 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 -284.62% plunge from its current level, while the stock would need to soar -119.78% for it to hit the projected low.
Ardelyx Inc (ARDX) estimates and forecasts
Year-over-year growth is forecast to reach 9.81% up from the last financial year.
Consensus estimates given by 11 financial analysts project the company’s revenue in the current quarter to hit an average of 82.81M. 11 analysts are of the opinion that Ardelyx Inc’s revenue for the current quarter will be 96.67M. The company’s revenue for the corresponding quarters a year ago was 73.22M and 98.24M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 13.10%. The estimates for the next quarter sales put growth at -1.60%.
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 -123.94%.
ARDX Dividends
Ardelyx Inc is expected to release its next quarterly earnings report in July.
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 $32.25 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 2.94% of the shares, roughly 7.05 shares worth around $25.61 million.
