Acorda Therapeutics Inc. (NASDAQ: ACOR) is 2.40% higher on its value in year-to-date trading and has touched a low of $2.53 and a high of $15.30 in the current 52-week trading range. The ACOR stock was last observed hovering at around $4.24 in the last trading session, with the day’s gains setting it 1.93% off its average median price target of $6.00 for the next 12 months. It is also 79.43% off the consensus price target high of $30.00 offered by 3 analysts, but current levels are -2.83% lower than the price target low of $6.00 for the same period.
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Currently trading at $6.17, the stock is 45.63% and 35.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.66 million and changing 45.63% at the moment leaves the stock 35.96% off its SMA200. ACOR registered -70.80% loss for a year compared to 6-month gain of 0.95%. The firm has a 50-day simple moving average (SMA 50) of $4.34 and a 200-day simple moving average (SMA200) of $4.18.
The stock witnessed a -8.23% loss in the last 1 month and extending the period to 3 months gives it a 0.01%, and is 4.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.57% over the week and 8.43% over the month.
Acorda Therapeutics Inc. (ACOR) has around 344 employees, a market worth around $34.34M and $165.30M in sales. Current P/E ratio is 0.80. Profit margin for the company is 29.70%. Distance from 52-week low is 143.63% and -59.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-48.20%).
Acorda Therapeutics Inc. (ACOR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Acorda Therapeutics Inc. (ACOR) is a “Overweight”. 3 analysts offering their recommendations for the stock have an average rating of 2.70, where 2 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Acorda Therapeutics Inc. is expected to release its quarterly report on 05/06/2021 and quarterly earnings per share for the current quarter are estimated at -$3.14 with sales reaching $25.86M over the same period.The EPS is expected to grow by 6.40% this year, but quarterly earnings will post -26.90% year-over-year. Quarterly sales are estimated to shrink -48.80% in year-over-year returns.
Acorda Therapeutics Inc. (ACOR) Top Institutional Holders
82 institutions hold shares in Acorda Therapeutics Inc. (ACOR), with 135.17k shares held by insiders accounting for 1.69% while institutional investors hold 50.44% of the company’s shares. The shares outstanding are 47.71M, and float is at 7.86M with Short Float at 5.54%. Institutions hold 49.59% of the Float.
Acorda Therapeutics Inc. (ACOR) Insider Activity
A total of 6 insider transactions have happened at Acorda Therapeutics Inc. (ACOR) in the last six months, with sales accounting for 2 and purchases happening 4 times.
Acorda Therapeutics Inc. (ACOR): Who are the competitors?
The company’s main competitors (and peers) include BioMarin Pharmaceutical Inc. (BMRN) that is trading -8.10% down over the past 12 months. Short interest in the company’s stock has fallen -233.32% from the last report on Nov 29, 2020 to stand at a total of 1.39 million short shares sold with a short interest ratio of 0.69.