Moderna Inc. [NASDAQ: MRNA] stock went on an upward path that rose over 1.95% on Friday, amounting to a one-week price decrease of less than -6.68%. The company report on August 11, 2020 that Moderna Announces Supply Agreement with U.S. Government for Initial 100 Million Doses of mRNA Vaccine Against COVID-19 (mRNA-1273).
New U.S. government award up to $1.525 billion for 100 million doses.
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Option granted to U.S. government to purchase up to an additional 400 million doses.
Over the last 12 months, MRNA stock rose by 445.78%. The one-year Moderna Inc. stock forecast points to a potential upside of 24.76. The average equity rating for MRNA stock is currently 1.90, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $26.76 billion, with 380.53 million shares outstanding and 315.86 million shares in the current float. Compared to the average trading volume of 26.56M shares, MRNA stock reached a trading volume of 12757673 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Moderna Inc. [MRNA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MRNA shares is $91.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MRNA stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
SVB Leerink have made an estimate for Moderna Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on July 23, 2020. The new note on the price target was released on July 20, 2020, representing the official price target for Moderna Inc. stock. Previously, the target price had yet another raise to $90, while Jefferies analysts kept a Buy rating on MRNA stock.
The Average True Range (ATR) for Moderna Inc. is set at 5.59, with the Price to Sales ratio for MRNA stock in the period of the last 12 months amounting to 252.97. The Price to Book ratio for the last quarter was 8.93, with the Price to Cash per share for the same quarter was set at 7.02.
MRNA Stock Performance Analysis:
Moderna Inc. [MRNA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.68. With this latest performance, MRNA shares dropped by -15.47% in over the last four-week period, additionally plugging by 263.95% over the last 6 months – not to mention a rise of 445.78% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MRNA stock in for the last two-week period is set at 44.47, with the RSI for the last a single of trading hit 39.82, and the three-weeks RSI is set at 48.15 for Moderna Inc. [MRNA]. The present Moving Average for the last 50 days of trading for this stock 69.48, while it was recorded at 69.50 for the last single week of trading, and 40.20 for the last 200 days.
Insight into Moderna Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Moderna Inc. [MRNA] shares currently have an operating margin of -906.38. Moderna Inc.’s Net Margin is presently recorded at -853.73.
Return on Total Capital for MRNA is now -37.83, given the latest momentum, and Return on Invested Capital for the company is -35.81. Return on Equity for this stock declined to -38.00, with Return on Assets sitting at -28.95. When it comes to the capital structure of this company, Moderna Inc. [MRNA] has a Total Debt to Total Equity ratio set at 11.57. Additionally, MRNA Total Debt to Total Capital is recorded at 10.37, with Total Debt to Total Assets ending up at 8.55. Long-Term Debt to Equity for the company is recorded at 11.27, with the Long-Term Debt to Total Capital now at 10.10.
Reflecting on the efficiency of the workforce at the company, Moderna Inc. [MRNA] managed to generate an average of -$619,302 per employee. Receivables Turnover for the company is 2.57 with a Total Asset Turnover recorded at a value of 0.03.Moderna Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 17.30 and a Current Ratio set at 17.30.
MRNA Stock EPS
With the latest financial reports released by the company, Moderna Inc. posted -0.37/share EPS, while the average EPS was predicted by analysts to be reported at -0.43/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 14.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MRNA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Moderna Inc. go to 16.80%.
Moderna Inc. [MRNA] Insider Position Details
There are presently around $14,916 million, or 51.10% of MRNA stock, in the hands of institutional investors. The top three institutional holders of MRNA stocks are: FLAGSHIP PIONEERING INC. with ownership of 39,871,524, which is approximately -21.623% of the company’s market cap and around 2.50% of the total institutional ownership; FMR LLC, holding 37,532,143 shares of the stock with an approximate value of $2.6 billion in MRNA stocks shares; and VANGUARD GROUP INC, currently with $1.77 billion in MRNA stock with ownership of nearly 24.515% of the company’s market capitalization.
Positions in Moderna Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 360 institutional holders increased their position in Moderna Inc. [NASDAQ:MRNA] by around 49,670,254 shares. Additionally, 140 investors decreased positions by around 27,735,649 shares, while 19 investors held positions by with 138,291,984 shares. The mentioned changes placed institutional holdings at 215,697,887 shares, according to the latest SEC report filing. MRNA stock had 236 new institutional investments in for a total of 10,738,457 shares, while 52 institutional investors sold positions of 3,398,958 shares during the same period.