Geron Corp [NASDAQ: GERN] stock went on a downward path that fall over -3.06% on Monday, amounting to a one-week price decrease of less than -3.06%.
Over the last 12 months, GERN stock rose by 122.70%. The one-year Geron Corp stock forecast points to a potential upside of 44.7. The average equity rating for GERN stock is currently 1.10, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $2.47 billion, with 604.50 million shares outstanding and 554.18 million shares in the current float. Compared to the average trading volume of 8.15M shares, GERN stock reached a trading volume of 8311340 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Geron Corp [GERN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GERN shares is $7.45 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GERN stock is a recommendation set at 1.10. 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.
H.C. Wainwright have made an estimate for Geron Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 05, 2024. While these analysts kept the previous recommendation, Scotiabank raised their target price to Sector Outperform. The new note on the price target was released on October 16, 2024, representing the official price target for Geron Corp stock. Previously, the target price had yet another raise to $7, while Leerink Partners analysts kept a Outperform rating on GERN stock.
The Average True Range (ATR) for Geron Corp is set at 0.20, with the Price to Sales ratio for GERN stock in the period of the last 12 months amounting to 83.69. The Price to Book ratio for the last quarter was 8.50, with the Price to Cash per share for the same quarter was set at 0.57.
GERN Stock Performance Analysis:
Geron Corp [GERN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.06. With this latest performance, GERN shares dropped by -4.85% in over the last four-week period, additionally plugging by 10.16% over the last 6 months – not to mention a rise of 122.70% 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 45.20, with the RSI for the last a single of trading hit 43.53, and the three-weeks RSI is set at 45.86 for Geron Corp [GERN]. The present Moving Average for the last 50 days of trading for this stock 4.30, while it was recorded at 4.23 for the last single week of trading, and 3.81 for the last 200 days.
Insight into Geron Corp Fundamentals:
Geron Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.74 and a Current Ratio set at 2.89.
GERN Stock EPS
With the latest financial reports released by the company, Geron Corp posted -0.09/share EPS, while the average EPS was predicted by analysts to be reported at -0.1/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. 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 Corp go to 5.00%.
Geron Corp [GERN] Institutonal Ownership Details
There are presently around $78.60%, or 78.67%% of GERN stock, in the hands of institutional investors. The top three institutional holders of GERN stocks are: BLACKROCK INC. with ownership of 46.55 million shares, which is approximately 7.7138%. RA CAPITAL MANAGEMENT, L.P., holding 46.2 million shares of the stock with an approximate value of $$195.9 million in GERN stocks shares; and RA CAPITAL MANAGEMENT, L.P., currently with $$135.4 million in GERN stock with ownership which is approximately 5.2914%.
