With 1.26 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.36 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $40.87 whereas the lowest price it dropped to was $38.57. The 52-week range on RVMD shows that it touched its highest point at $62.40 and its lowest point at $29.55 during that stretch. It currently has a 1-year price target of $72.57. Beta for the stock currently stands at 1.32.
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 RVMD was down-trending over the past week, with a drop of -1.06%, but this was down by -6.80% over a month. Three-month performance dropped to -18.45% while six-month performance fell -6.93%. The stock gained 21.55% in the past year, while it has lost -10.38% so far this year. A look at the trailing 12-month EPS for RVMD yields -3.57 with Next year EPS estimates of -4.91. For the next quarter, that number is -1.08. This implies an EPS growth rate of -26.56% for this year and -8.34% for next year. EPS is expected to decline by -3.88% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -27.80%.
Float and Shares Shorts:
At present, 185.90 million RVMD shares are outstanding with a float of 161.24 million shares on hand for trading. On 2025-02-28, short shares totaled 15.84 million, which was 852.0000399999999 higher than short shares on 1738281600. In addition to Dr. Mark A. Goldsmith Ph.D. as the firm’s CEO, President & Chairman, Mr. Jack Anders serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 1.06347 of RVMD’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 2024-12-31, RVMD reported revenue of $0.0 and operating income of -$216310000.0. The EBITDA in the recently reported quarter was -$212703000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RVMD since 13 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 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 RVMD analysts setting a high price target of 87.0 and a low target of 59.0, the average target price over the next 12 months is 72.57143. Based on these targets, RVMD could surge 121.94% to reach the target high and rise by 50.51% to reach the target low. Reaching the average price target will result in a growth of 85.13% 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. Analysts have provided yearly estimates in a range of -$3.36327 being high and -$3.96031 being low. For RVMD, this leads to a yearly average estimate of -$3.47273. Based on analyst estimates, the high estimate for the next quarter is -$0.91 and the low estimate is -$1.19. The average estimate for the next quarter is thus -$1.07.
