In last trading session, Arvinas Inc (NASDAQ:ARVN) saw 1.36 million shares changing hands with its beta currently measuring 2.20. Company’s recent per share price level of $7.8 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $569.33M. That closing price of ARVN’s stock is at a discount of -337.31% from its 52-week high price of $34.11 and is indicating a premium of 24.36% from its 52-week low price of $5.90. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.71 million shares which gives us an average trading volume of 2.65 million if we extend that period to 3-months.
For Arvinas Inc (ARVN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.95. Splitting up the data highlights that, out of 13 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Arvinas Inc (NASDAQ:ARVN) trade information
Arvinas Inc’s shares saw a change of -68.76% in year-to-date performance and have moved 4.42% in past 5-day. Arvinas Inc (NASDAQ:ARVN) showed a performance of 16.59% in past 30-days. Number of shares sold short was 8.33 million shares which calculate 3.77 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 18 to the stock, which implies a rise of 56.67% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 26. It follows that stock’s current price would drop -41.03% in reaching the projected high whereas dropping to the targeted low would mean a loss of -41.03% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -5.32% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 46.81% while estimates for its earnings growth in next 5 years are of -5.43%.
Arvinas Inc (NASDAQ:ARVN)’s Major holders
Insiders are in possession of 6.74% of company’s total shares while institution are holding 91.08 percent of that, with stock having share float percentage of 97.67%. Investors also watch the number of corporate investors in a company very closely, which is 91.08% institutions for Arvinas Inc that are currently holding shares of the company. ECOR1 CAPITAL, LLC is the top institutional holder at ARVN for having 6.73 million shares of worth $179.06 million. And as of 2024-06-30, it was holding 9.3553 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 6.67 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.2793 of outstanding shares, having a total worth of $177.6 million.
