Moderna Inc. [NASDAQ: MRNA] stock went on a downward path that fall over -0.37% on Tuesday, amounting to a one-week price increase of more than 7.23%. The company report on October 15, 2021 that Moderna Announces FDA Advisory Committee Unanimously Votes in Support of Emergency Use for a Booster Dose of Moderna’s COVID-19 Vaccine in the U.S.
Positive unanimous vote for mRNA-1273 booster at the 50 µg dose level for individuals aged 65 and older as well as individuals aged 18 through 64 at high risk of contracting COVID-19 at least 6 months after completion of the primary series.
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Company estimates that booster at the 50 µg dose level could result in up to 1 billion additional doses.
Over the last 12 months, MRNA stock rose by 370.14%. The one-year Moderna Inc. stock forecast points to a potential downside of -8.91. The average equity rating for MRNA stock is currently 2.70, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $137.85 billion, with 402.00 million shares outstanding and 364.68 million shares in the current float. Compared to the average trading volume of 19.31M shares, MRNA stock reached a trading volume of 8527676 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 $306.31 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 2.70. 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.
Piper Sandler have made an estimate for Moderna Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 15, 2021. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $246 to $445. The new note on the price target was released on August 06, 2021, representing the official price target for Moderna Inc. stock. On July 15, 2021, analysts increased their price target for MRNA shares from 170 to 250.
The Average True Range (ATR) for Moderna Inc. is set at 21.85, with the Price to Sales ratio for MRNA stock in the period of the last 12 months amounting to 19.64. The Price to Book ratio for the last quarter was 20.00, with the Price to Cash per share for the same quarter was set at 19.34. Price to Free Cash Flow for MRNA in the course of the last twelve months was 15.18 with Quick ratio for the last quarter at 1.20.
MRNA Stock Performance Analysis:
Moderna Inc. [MRNA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.23. With this latest performance, MRNA shares dropped by -21.19% in over the last four-week period, additionally plugging by 96.82% over the last 6 months – not to mention a rise of 370.14% 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 42.83, with the RSI for the last a single of trading hit 44.66, and the three-weeks RSI is set at 44.29 for Moderna Inc. [MRNA]. The present Moving Average for the last 50 days of trading for this stock 386.60, while it was recorded at 329.21 for the last single week of trading, and 238.84 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 -94.99 and a Gross Margin at +95.12. Moderna Inc.’s Net Margin is presently recorded at -92.99.
Return on Total Capital for MRNA is now -37.14, given the latest momentum, and Return on Invested Capital for the company is -36.66. Return on Equity for this stock declined to -39.99, with Return on Assets sitting at -16.74. When it comes to the capital structure of this company, Moderna Inc. [MRNA] has a Total Debt to Total Equity ratio set at 9.28. Additionally, MRNA Total Debt to Total Capital is recorded at 8.49, with Total Debt to Total Assets ending up at 3.24. Long-Term Debt to Equity for the company is recorded at 8.09, with the Long-Term Debt to Total Capital now at 7.41.
Reflecting on the efficiency of the workforce at the company, Moderna Inc. [MRNA] managed to generate an average of -$574,665 per employee. Receivables Turnover for the company is 1.13 with a Total Asset Turnover recorded at a value of 0.18.Moderna Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.
MRNA Stock EPS
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 $75,848 million, or 58.10% of MRNA stock, in the hands of institutional investors. The top three institutional holders of MRNA stocks are: BAILLIE GIFFORD & CO with ownership of 42,217,354, which is approximately -7.99% of the company’s market cap and around 1.90% of the total institutional ownership; FLAGSHIP PIONEERING INC., holding 20,581,016 shares of the stock with an approximate value of $6.87 billion in MRNA stocks shares; and VANGUARD GROUP INC, currently with $6.74 billion in MRNA stock with ownership of nearly 6.744% of the company’s market capitalization.
Positions in Moderna Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 563 institutional holders increased their position in Moderna Inc. [NASDAQ:MRNA] by around 33,864,127 shares. Additionally, 341 investors decreased positions by around 15,985,560 shares, while 106 investors held positions by with 177,506,044 shares. The mentioned changes placed institutional holdings at 227,355,731 shares, according to the latest SEC report filing. MRNA stock had 242 new institutional investments in for a total of 8,195,187 shares, while 76 institutional investors sold positions of 1,227,615 shares during the same period.