In the last trading session, 1.16 million shares of the Merus N.V (NASDAQ:MRUS) were traded, and its beta was 1.03. Most recently the company’s share price was $53.08, and it changed around -$0.22 or -0.41% from the last close, which brings the market valuation of the company to $3.95B. MRUS currently trades at a discount to its 52-week high of $62.98, offering almost -18.65% off that amount. The share price’s 52-week low was $33.19, which indicates that the current value has risen by an impressive 37.47% since then. We note from Merus N.V’s average daily trading volume that its 10-day average is 1.52 million shares, with the 3-month average coming to 1.19 million.
Merus N.V stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 17 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 0 recommended MRUS as a Hold, whereas 13 deemed it a Buy, and 0 rated it as Underweight. Merus N.V is expected to report earnings per share of -1.15 for the current quarter.
Merus N.V (NASDAQ:MRUS) trade information
Instantly MRUS has showed a red trend with a performance of -0.41% 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 57.00 on recent trading dayincreased the stock’s daily price by 6.88%. The company’s shares are currently up 26.23% year-to-date, but still down -5.97% over the last five days. On the other hand, Merus N.V (NASDAQ:MRUS) is 27.72% up in the 30-day period. We can see from the shorts that 4.65 million shares have been sold at a short interest cover period of 3.03 day(s).
The consensus price target as assigned by Wall Street analysts is $110, which translates to bulls needing to increase their stock price by 51.75% from its current value. Analyst projections state that MRUS is forecast to be at a low of $110 and a high of $110.
Merus N.V (MRUS) estimates and forecasts
The year-over-year growth rate is expected to be 54.23%, up from the previous year.
Consensus estimates provided by 15 financial analysts predict the company will bring in an average of 9.88M in revenue for the current quarter. 15 analysts expect Merus N.V to make 9.83M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 7.33M and 11.77M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 34.77%. Forecasts for the next quarter put sales growth at -16.51%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -8.04%. Merus N.V earnings are expected to increase by -44.19% in 2025, but the outlook is negative -1.28% per year for the next five years.
MRUS Dividends
Merus N.V’s next quarterly earnings report is expected to be released on 2025-May-06.
Merus N.V (NASDAQ:MRUS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.33% of Merus N.V shares, and 98.83% of them are in the hands of institutional investors. The stock currently has a share float of 101.18%. Merus N.V stock is held by 269.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 10.0644% of the shares, which is about 6.22 million shares worth $368.33 million.
RTW INVESTMENTS, LP, with 6.741% or 4.17 million shares worth $246.7 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
