In the last trading session, 1.7 million Scholar Rock Holding Corp (NASDAQ:SRRK) shares changed hands as the company’s beta touched 0.50. With the company’s per share price at $41.12 changed hands at $0.4 or 0.98% during last session, the market valuation stood at $3.90B. SRRK’s last price was a discount, traded about -14.25% off its 52-week high of $46.98. The share price had its 52-week low at $6.76, which suggests the last value was 83.56% up since then. When we look at Scholar Rock Holding Corp’s average trading volume, we note the 10-day average is 1.28 million shares, with the 3-month average coming to 1.26 million.
Analysts gave the Scholar Rock Holding Corp (SRRK) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SRRK as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
Scholar Rock Holding Corp (NASDAQ:SRRK) trade information
Instantly SRRK was in green as seen at the end of in last trading. With action 6.56%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 359.44%, with the 5-day performance at 6.56% in the green. However, in the 30-day time frame, Scholar Rock Holding Corp (NASDAQ:SRRK) is 13.22% up. Looking at the short shares, we see there were 14.93 million shares sold at short interest cover period of 13.9 days.
The consensus price target for the stock as assigned by Wall Street analysts is 40.5, meaning bulls need a downside of -1.53% from its current market value. According to analyst projections, SRRK’s forecast low is 39 with 42 as the target high. To hit the forecast high, the stock’s price needs a -2.14% plunge from its current level, while the stock would need to tank 5.16% for it to hit the projected low.
Scholar Rock Holding Corp (SRRK) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -5.90%. The 2025 estimates are for Scholar Rock Holding Corp earnings to decrease by -7.25%, but the outlook for the next 5-year period is at 38.77% per year.
Scholar Rock Holding Corp (NASDAQ:SRRK)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 4.35% of Scholar Rock Holding Corp shares while 118.63% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 124.03%. There are 118.63% institutions holding the Scholar Rock Holding Corp stock share, with ARTAL GROUP S.A. the top institutional holder. As of 2024-06-30, the company held 11.6301% of the shares, roughly 11.26 million SRRK shares worth $93.79 million.
FMR LLC holds the second largest percentage of outstanding shares, with 10.2127% or 9.89 million shares worth $82.36 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were T. Rowe Price New Horizons Fund, Inc. and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund. With 3.82 shares estimated at $157.08 million under it, the former controlled 4.02% of total outstanding shares. On the other hand, Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund held about 3.69% of the shares, roughly 3.5 shares worth around $143.94 million.
