Agenus Inc [AGEN] stock Downgrade by Robert W. Baird analyst, price target now $8

MU Stock

Agenus Inc [NASDAQ: AGEN] jumped around 0.87 points on Tuesday, while shares priced at $5.00 at the close of the session, up 21.07%.

Compared to the average trading volume of 704.87K shares, AGEN reached a trading volume of 9889166 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Agenus Inc [AGEN]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AGEN shares is $6.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AGEN stock is a recommendation set at 2.60. 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.

Robert W. Baird have made an estimate for Agenus Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 19, 2024. The new note on the price target was released on July 18, 2024, representing the official price target for Agenus Inc stock. Previously, the target price had yet another raise to $9, while H.C. Wainwright analysts kept a Neutral rating on AGEN stock.

The Average True Range (ATR) for Agenus Inc is set at 0.43, with the Price to Sales ratio for AGEN stock in the period of the last 12 months amounting to 1.38.

How has AGEN stock performed recently?

Agenus Inc [AGEN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 40.85. With this latest performance, AGEN shares gained by 60.77% in over the last four-week period, additionally plugging by 43.27% over the last 6 months – not to mention a drop of -66.91% 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 AGEN stock in for the last two-week period is set at 73.63, with the RSI for the last a single of trading hit 76.97, and the three-weeks RSI is set at 70.96 for Agenus Inc [AGEN]. The present Moving Average for the last 50 days of trading for this stock 2.68, while it was recorded at 3.76 for the last single week of trading, and 3.54 for the last 200 days.

Agenus Inc [AGEN]: Deeper insight into the fundamentals

Agenus Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.11 and a Current Ratio set at 0.11.

Earnings analysis for Agenus Inc [AGEN]

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 AGEN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Agenus Inc go to 35.25%.

Insider trade positions for Agenus Inc [AGEN]

The top three institutional holders of AGEN stocks are: VANGUARD GROUP INC with ownership of 2.15 million shares, which is approximately 10.2305%. BLACKROCK INC., holding 1.55 million shares of the stock with an approximate value of $$25.93 million in AGEN stocks shares; and BLACKROCK INC., currently with $$12.98 million in AGEN stock with ownership which is approximately 3.6796%.

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