Ardelyx Inc (NASDAQ:ARDX) has a beta value of 0.67 and has seen 0.93 million shares traded in the recent trading session. The company, currently valued at $1.09B, closed the recent trade at $4.57 per share which meant it lost -$0.04 on the day or -0.87% during that session. The ARDX stock price is -57.11% off its 52-week high price of $7.18 and 29.76% above the 52-week low of $3.21. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.61 million shares traded. The 3-month trading volume is 5.39 million shares.
The consensus among analysts is that Ardelyx Inc (ARDX) is Buy stock at the moment, with a recommendation rating of 1.25. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 8 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight.
Ardelyx Inc (NASDAQ:ARDX) trade information
Sporting -0.87% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ARDX stock price touched $4.57 or saw a rise of 3.18%. Year-to-date, Ardelyx Inc shares have moved -21.48%, while the 5-day performance has seen it change 2.01%. Over the past 30 days, the shares of Ardelyx Inc (NASDAQ:ARDX) have changed 22.85%. Short interest in the company has seen 27.28 million shares shorted with days to cover at 5.39.
Wall Street analysts have a consensus price target for the stock at $14, which means that the shares’ value could jump 67.36% from the levels at last check today.. The projected low price target is $14.0 while the price target rests at a high of $14.0. In that case, then, we find that the latest price level in today’s session is -206.35% off the targeted high while a plunge would see the stock gain -206.35% from the levels at last check today..
Ardelyx Inc (ARDX) estimates and forecasts
The company’s shares have lost -9.86% 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 35.34% over the past 5 years.
ARDX Dividends
Ardelyx Inc is expected to release its next earnings report on 2025-May-01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Ardelyx Inc (NASDAQ:ARDX)’s Major holders
Insiders own 2.51% of the company shares, while shares held by institutions stand at 72.46% with a share float percentage of 74.33%. Investors are also buoyed by the number of investors in a company, with Ardelyx Inc having a total of 288.0 institutions that hold shares in the company. The top two institutional holders are JANUS HENDERSON GROUP PLC with over 25.95 million shares worth more than $192.14 million. As of 2024-06-30, JANUS HENDERSON GROUP PLC held 11.0625% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 17.55 million shares as of 2024-06-30. The firm’s total holdings are worth over $130.06 million and represent 7.4828% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Delaware Group Equity Funds V-Macquarie Small Cap Core Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Feb 28, 2025 , the former fund manager holds about 3.71% shares in the company for having 8.87 shares of worth $40.54 million while later fund manager owns 7.05 shares of worth $32.2 million as of Mar 31, 2025 , which makes it owner of about 2.94% of company’s outstanding stock.
