Immatics N.V [NASDAQ: IMTX] loss -15.58% or -1.72 points to close at $9.35 with a heavy trading volume of 2383345 shares.
The daily chart for IMTX points out that the company has recorded -13.79% loss over the past six months.
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If we look at the average trading volume of 324.02K shares, IMTX reached to a volume of 2383345 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 Immatics N.V [IMTX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IMTX shares is $18.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IMTX stock is a recommendation set at 1.00. 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 Immatics N.V shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 07, 2024. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Overweight. The new note on the price target was released on November 02, 2023, representing the official price target for Immatics N.V stock. Previously, the target price had yet another raise to $12, while Mizuho analysts kept a Buy rating on IMTX stock.
The Average True Range (ATR) for Immatics N.V is set at 0.55, with the Price to Sales ratio for IMTX stock in the period of the last 12 months amounting to 12.57. The Price to Book ratio for the last quarter was 2.32, with the Price to Cash per share for the same quarter was set at 5.52.
Trading performance analysis for IMTX stock
Immatics N.V [IMTX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.71. With this latest performance, IMTX shares dropped by -20.06% in over the last four-week period, additionally sinking by -13.79% over the last 6 months – not to mention a drop of -5.13% 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 IMTX stock in for the last two-week period is set at 26.68, with the RSI for the last a single of trading hit 21.25, and the three-weeks RSI is set at 31.12 for Immatics N.V [IMTX]. The present Moving Average for the last 50 days of trading for this stock 11.47, while it was recorded at 10.64 for the last single week of trading, and 11.54 for the last 200 days.
Immatics N.V [IMTX]: A deeper dive into fundamental analysis
Immatics N.V’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.74 and a Current Ratio set at 3.74.
Immatics N.V [IMTX]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Immatics N.V posted -0.35/share EPS, while the average EPS was predicted by analysts to be reported at -0.39/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. 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 IMTX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Immatics N.V go to 13.15%.
An analysis of Institutional ownership at Immatics N.V [IMTX]
The top three institutional holders of IMTX stocks are: RTW INVESTMENTS, LP with ownership of 10.0 million shares, which is approximately 10.1276%. WELLINGTON MANAGEMENT GROUP LLP, holding 9.54 million shares of the stock with an approximate value of $$110.82 million in IMTX stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $$93.96 million in IMTX stock with ownership which is approximately 8.1893%.
