What is Calyxt Inc. (CLXT) Stock Return on Shareholders’ Capital?

Calyxt Inc. (NASDAQ: CLXT) stock jumped 15.62% on Monday to $0.31 against a previous-day closing price of $0.26. With 2.25 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.91 million shares. During the session, the Packaged Foods company that operates in wider Consumer Defensive sector, reached to the highest price of $0.3200 whereas the lowest price it dropped to was $0.2576. The 52-week range on CLXT shows that it touched its highest point at $2.03 and its lowest point at $0.12 during that stretch. It currently has a 1-year price target of $5.50. Beta for the stock currently stands at 1.82.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CLXT was up-trending over the past week, with a rise of 65.00%, but this was up by 104.81% over a month. Three-month performance surged to 107.03% while six-month performance rose 27.67%. The stock lost -84.37% in the past year, while it has gained 107.73% so far this year. A look at the trailing 12-month EPS for CLXT yields -0.50 with Next year EPS estimates of -1.40. For the next quarter, that number is -0.11. This implies an EPS growth rate of 41.10% for this year and -231.00% for next year.

Float and Shares Shorts:

At present, 46.78 million CLXT shares are outstanding with a float of 24.35 million shares on hand for trading. On Oct 13, 2022, short shares totaled 18410.0, which was 0.04% higher than short shares on Sep 14, 2022. In addition to Mr. Michael Allen Carr as the firm’s Pres, CEO & Director, Mr. William F. Koschak serves as its Chief Financial Officer.


Institutional Ownership:

Through their ownership of 6.20% of CLXT’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 52.22% of CLXT, in contrast to 4.43% held by mutual funds. Shares owned by individuals account for 0.93%. As the largest shareholder in CLXT with 1.14% of the stake, Renaissance Technologies LLC holds 555,257 shares worth 555,257. A second-largest stockholder of CLXT, Regents of the University of Cali, holds 501,798 shares, controlling over 1.03% of the firm’s shares. Millennium Management LLC is the third largest shareholder in CLXT, holding 449,635 shares or 0.92% stake. With a 0.39% stake in CLXT, the Vanguard Extended Market Index Fu is the largest stakeholder. A total of 192,274 shares are owned by the mutual fund manager. The Fidelity Extended Market Index Fu, which owns about 0.16% of CLXT stock, is the second-largest Mutual Fund holder. It holds 79,753 shares valued at 11724.0. iShares Core S&P Total US Stock M holds 0.13% of the stake in CLXT, owning 64,364 shares worth 9462.0.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CLXT since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CLXT analysts setting a high price target of $1.00 and a low target of $1.00, the average target price over the next 12 months is $1.00. Based on these targets, CLXT could surge 222.58% to reach the target high and rise by 222.58% to reach the target low. Reaching the average price target will result in a growth of 222.58% from current levels.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. CLXT will report FY 2022 earnings on 03/01/2024. Analysts have provided yearly estimates in a range of -$0.42 being high and -$0.42 being low. For CLXT, this leads to a yearly average estimate of -$0.42. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Calyxt Inc. surprised analysts by $0.01 when it reported -$0.13 EPS against a consensus estimate of -$0.14. The surprise factor in the prior quarter was $0.09. Based on analyst estimates, the high estimate for the next quarter is -$0.11 and the low estimate is -$0.11. The average estimate for the next quarter is thus -$0.11.

Summary of Insider Activity:

Insiders traded CLXT stock several times over the past three months with 0 Buys and 4 Sells. In these transactions, 0 shares were bought while 163,744 shares were sold. The number of buy transactions has increased to 8 while that of sell transactions has risen to 10 over the past year. The total number of shares bought during that period was 993,800 while 225,083 shares were sold.

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