Geron Corporation [NASDAQ: GERN] gained 1.69% on the last trading session, reaching $1.80 price per share at the time. The company report on March 2, 2021 that Geron to Announce Fourth Quarter and Full Year 2020 Financial Results on March 11, 2021.
Geron Corporation (Nasdaq: GERN) announced that it will release its fourth quarter and full year 2020 financial results after the market closes on Thursday, March 11, 2021 via press release, which will be available on the Company’s website at www.geron.com/investors. Geron will host a conference call to discuss the financial results as well as recent events at 4:30 p.m. ET the same day.
A live, listen-only webcast will be available on the Company’s website at www.geron.com/investors/events. An archive of the webcast will be available on the Company’s website for 30 days.
Geron Corporation represents 318.80 million in outstanding shares, while the company has a total market value of $549.50 million with the latest information. GERN stock price has been found in the range of $1.68 to $1.81.
If compared to the average trading volume of 3.75M shares, GERN reached a trading volume of 5116770 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Geron Corporation [GERN]:
B. Riley Securities have made an estimate for Geron Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 18, 2021. While these analysts kept the previous recommendation, Stifel raised their target price to Buy. The new note on the price target was released on August 03, 2020, representing the official price target for Geron Corporation stock. Previously, the target price had yet another raise to $4, while B. Riley FBR analysts kept a Buy rating on GERN stock.
The Average True Range (ATR) for Geron Corporation is set at 0.14, with the Price to Sales ratio for GERN stock in the period of the last 12 months amounting to 1373.76. The Price to Book ratio for the last quarter was 2.47, with the Price to Cash per share for the same quarter was set at 0.75.
Trading performance analysis for GERN stock
Geron Corporation [GERN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.56. With this latest performance, GERN shares dropped by -14.29% in over the last four-week period, additionally sinking by -6.74% over the last 6 months – not to mention a rise of 59.29% 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 GERN stock in for the last two-week period is set at 46.95, with the RSI for the last a single of trading hit 45.29, and the three-weeks RSI is set at 48.27 for Geron Corporation [GERN]. The present Moving Average for the last 50 days of trading for this stock 1.7874, while it was recorded at 1.7820 for the last single week of trading, and 1.8230 for the last 200 days.
Geron Corporation [GERN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Geron Corporation [GERN] shares currently have an operating margin of -15761.96. Geron Corporation’s Net Margin is presently recorded at -14901.74.
Return on Total Capital for GERN is now -45.97, given the latest momentum, and Return on Invested Capital for the company is -43.51. Return on Equity for this stock declined to -43.82, with Return on Assets sitting at -39.08. When it comes to the capital structure of this company, Geron Corporation [GERN] has a Total Debt to Total Equity ratio set at 1.89. Additionally, GERN Total Debt to Total Capital is recorded at 1.85, with Total Debt to Total Assets ending up at 1.54. Long-Term Debt to Equity for the company is recorded at 1.63, with the Long-Term Debt to Total Capital now at 1.60.
Reflecting on the efficiency of the workforce at the company, Geron Corporation [GERN] managed to generate an average of -$1,490,174 per employee. Receivables Turnover for the company is 0.47 with a Total Asset Turnover recorded at a value of 0.00.Geron Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 9.60 and a Current Ratio set at 9.60.
Geron Corporation [GERN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Geron Corporation posted -0.15/share EPS, while the average EPS was predicted by analysts to be reported at -0.2/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 25.00%. 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 GERN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Geron Corporation go to 5.00%.
An analysis of insider ownership at Geron Corporation [GERN]
There are presently around $316 million, or 57.20% of GERN stock, in the hands of institutional investors. The top three institutional holders of GERN stocks are: RA CAPITAL MANAGEMENT, L.P. with ownership of 30,126,299, which is approximately 0% of the company’s market cap and around 0.16% of the total institutional ownership; BLACKROCK INC., holding 25,024,847 shares of the stock with an approximate value of $45.05 million in GERN stocks shares; and ECOR1 CAPITAL, LLC, currently with $34.09 million in GERN stock with ownership of nearly -1.512% of the company’s market capitalization.
Positions in Geron Corporation stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 69 institutional holders increased their position in Geron Corporation [NASDAQ:GERN] by around 11,750,100 shares. Additionally, 50 investors decreased positions by around 8,791,367 shares, while 48 investors held positions by with 154,784,541 shares. The mentioned changes placed institutional holdings at 175,326,008 shares, according to the latest SEC report filing. GERN stock had 15 new institutional investments in for a total of 1,017,190 shares, while 15 institutional investors sold positions of 1,223,022 shares during the same period.