Arvinas Inc [NASDAQ: ARVN] stock went on a downward path that fall over -12.42% on Thursday, amounting to a one-week price decrease of less than -20.21%.
Over the last 12 months, ARVN stock dropped by -39.17%. The one-year Arvinas Inc stock forecast points to a potential upside of 68.79. The average equity rating for ARVN stock is currently 1.23, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.36 billion, with 68.70 million shares outstanding and 59.53 million shares in the current float. Compared to the average trading volume of 598.48K shares, ARVN stock reached a trading volume of 2486636 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Arvinas Inc [ARVN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARVN shares is $63.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARVN stock is a recommendation set at 1.23. 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.
BTIG Research have made an estimate for Arvinas Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 10, 2024. While these analysts kept the previous recommendation, Stephens raised their target price to Overweight. The new note on the price target was released on November 18, 2024, representing the official price target for Arvinas Inc stock. Previously, the target price had yet another drop from $95 to $80, while Oppenheimer kept a Outperform rating on ARVN stock. On February 14, 2024, analysts increased their price target for ARVN shares from 36 to 55.
The Average True Range (ATR) for Arvinas Inc is set at 1.75, with the Price to Sales ratio for ARVN stock in the period of the last 12 months amounting to 8.42. The Price to Book ratio for the last quarter was 2.31, with the Price to Cash per share for the same quarter was set at 16.32.
ARVN Stock Performance Analysis:
Arvinas Inc [ARVN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -20.21. With this latest performance, ARVN shares dropped by -24.97% in over the last four-week period, additionally sinking by -25.37% over the last 6 months – not to mention a drop of -39.17% 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 ARVN stock in for the last two-week period is set at 33.34, with the RSI for the last a single of trading hit 27.68, and the three-weeks RSI is set at 36.79 for Arvinas Inc [ARVN]. The present Moving Average for the last 50 days of trading for this stock 25.60, while it was recorded at 23.57 for the last single week of trading, and 29.71 for the last 200 days.
Insight into Arvinas Inc Fundamentals:
Arvinas Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.62 and a Current Ratio set at 4.17.
ARVN 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 ARVN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Arvinas Inc go to -3.50%.
Arvinas Inc [ARVN] Institutonal Ownership Details
There are presently around $109.26%, or 117.76%% of ARVN stock, in the hands of institutional investors. The top three institutional holders of ARVN stocks are: ECOR1 CAPITAL, LLC with ownership of 6.73 million shares, which is approximately 9.3553%. VANGUARD GROUP INC, holding 6.67 million shares of the stock with an approximate value of $$177.6 million in ARVN stocks shares; and VANGUARD GROUP INC, currently with $$166.61 million in ARVN stock with ownership which is approximately 8.7049%.
