Shares of Agenus Inc. (NASDAQ:AGEN) recorded 1.01% gain during trading session on March 14th, 2019. The script traded as low as $2.764 and last traded at $2.99. 2.58 million shares changed exchanged hands during trading, a drop of -15.07% from the 30-day average session volume of 2.24M shares. The firm had previously closed at $2.96. The company has $127.19M outstanding shares, price-to-earnings-growth ratio of 9.83and a beta of 2.09. The company has a RSI of 48.50, ATR of 0.21 and a volatility of 7.60% this week. AGEN has a 52 week low price of $1.54 and a 52 week high price of $6.02.
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 380.30M, 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 46.17 million on their books with 11.15 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 an incline. In terms of their assets, the company currently has 67.64 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 98.28 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 14.02 million. In cash movements, the company had a total of 95.28 million 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 12.8 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 reducing by -0.24%.
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 12.8 million trying to sell their products during the last quarter, with the result yielding a gross income of 38.88 million. This allows shareholders to hold on to 127.19M with the revenue now reading -290 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (-0.33 cents a share).
Is the stock of AGEN attractive?
Having a look at the company’s valuation, the company is expected to record -1.44 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.
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.