Taking on analysts’ expectations and winning: Atara Biotherapeutics Inc (ATRA)

With 1.42 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.69 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $0.6179 whereas the lowest price it dropped to was $0.5564. The 52-week range on ATRA shows that it touched its highest point at $2.54 and its lowest point at $0.20 during that stretch. It currently has a 1-year price target of $4.17. Beta for the stock currently stands at 0.55.

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 ATRA was up-trending over the past week, with a rise of 0.40%, but this was down by -10.85% over a month. Three-month performance dropped to -21.44% while six-month performance rose 163.27%. The stock lost -71.73% in the past year, while it has gained 17.98% so far this year. A look at the trailing 12-month EPS for ATRA yields -2.12 with Next year EPS estimates of -0.49. For the next quarter, that number is -0.12. This implies an EPS growth rate of 81.99% for this year and -3.40% for next year.

Float and Shares Shorts:

At present, 120.42 million ATRA shares are outstanding with a float of 111.10 million shares on hand for trading. On 2024-04-30, short shares totaled 11.88 million, which was 986.0 higher than short shares on 1711584000. In addition to Dr. Pascal Touchon D.V.M. as the firm’s President, CEO & Director, Dr. Anhco Nguyen Ph.D. serves as its Executive VP and Chief Scientific & Technical Officer.

Institutional Ownership:

Through their ownership of 0.55575 of ATRA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, ATRA reported revenue of $27357000.0 and operating income of -$31247000.0. The EBITDA in the recently reported quarter was -$29184000.0 and diluted EPS was -$0.23.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ATRA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.