Shares of Agenus Inc. (NASDAQ:AGEN) recorded 6.70% gain during trading session on November 7th, 2018. The script traded as low as $1.92 and last traded at $2.07. 2.38 million shares changed exchanged hands during trading, a drop of -75.16% from the 30-day average session volume of 1.36M shares. The firm had previously closed at $1.94. The company has $107.30M outstanding shares, a price-to-earnings ratio of N/A, price-to-earnings-growth ratio of 7.61 and a beta of 2.16. The company has a RSI of 59.27, ATR of 0.19 and a volatility of 13.51% this week. AGEN has a 52 week low price of $1.54 and a 52 week high price of $6.19.
Investors have identified the tech company Agenus Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 222.11M, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Agenus Inc. (AGEN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For AGEN, the company has in raw cash 43.16 million on their books with 10.23 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 67.71 million total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
AGEN were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 72.96 million. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for Agenus Inc. (AGEN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Agenus Inc. recorded a total of 15.9 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.74% coming in sequential stages and their sales for the third quarter increasing by 0.90%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 15.9 million trying to sell their products during the last quarter, with the result yielding a gross income of 32.47 million. This allows shareholders to hold on to 107.30M with the revenue now reading -240 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (-0.36 cents a share).
Is the stock of AGEN attractive?
Having a look at the company’s valuation, the company is expected to record -1.46 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AGEN sounds very interesting.
In related news, Chief Commercial Officer Baysal Ozer sold 3,712 shares of the company’s stock in a transaction that recorded on December 12th, 2018. The sale was performed at an average price of 3.46, for a total value of 12,846. As the sale deal closes, the Chief Communications Officer Baysal Ozer now sold 3,511 shares of the company’s stock, valued at 12,152. Also, Chief Technology Officer Duncan Alex sold 6,546 shares of the company’s stock in a deal that was recorded on December 12th, 2018. The shares were sold at an average price of 3.46 per share, with a total market value of 21,026. Following this completion of acquisition, the VP, Finance now holds 5,610 shares of the company’s stock, valued at 19,418. In the last 6 months, insiders have changed their ownership in shares of company stock by 18.81%.
2 out of 2 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Agenus Inc. stock. 0 analysts has assigned a Sell rating on the AGEN stock. The 12-month mean consensus price target for the company’s shares has been set at $7.00.