Will Bionano Genomics Inc. (BNGO) benefit from Wall Street bulls Calls?

Bionano Genomics Inc. (NASDAQ: BNGO) is 74.03% higher on its value in year-to-date trading and has touched a low of $0.25 and a high of $7.24 in the current 52-week trading range. The BNGO stock was last observed hovering at around $5.67 in the last trading session, with the day’s loss setting it -0.31% off its average median price target of $1.38 for the next 12 months. It is also -168.0% off the consensus price target high of $2.00 offered by 4 analysts, but current levels are -614.67% lower than the price target low of $0.75 for the same period.

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Currently trading at $5.36, the stock is 136.29% and 342.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 59.65 million and changing -5.47% at the moment leaves the stock 659.21% off its SMA200. BNGO registered 354.24% gain for a year compared to 6-month gain of 991.65%. The firm has a 50-day simple moving average (SMA 50) of $1.57 and a 200-day simple moving average (SMA200) of $0.84.

The stock witnessed a 982.83% loss in the last 1 month and extending the period to 3 months gives it a 797.67%, and is 8.28% 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 18.88% over the week and 22.61% over the month.

Bionano Genomics Inc. (BNGO) has around 97 employees, a market worth around $873.47M and $7.30M in sales. Distance from 52-week low is 2044.00% and -25.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-114.90%).

Bionano Genomics Inc. (BNGO) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Bionano Genomics Inc. (BNGO) is a “Overweight”. 4 analysts offering their recommendations for the stock have an average rating of 1.70, where 1 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Bionano Genomics Inc. is expected to release its quarterly report on 05/13/2021 and quarterly earnings per share for the current quarter are estimated at -$0.06 with sales reaching $2.92M over the same period.The EPS is expected to shrink by -8.20% this year, but quarterly earnings will post -26.40% year-over-year. Quarterly sales are estimated to grow 4.70% in year-over-year returns.

Bionano Genomics Inc. (BNGO) Top Institutional Holders

27 institutions hold shares in Bionano Genomics Inc. (BNGO), with 87.32k shares held by insiders accounting for 0.06% while institutional investors hold 5.64% of the company’s shares. The shares outstanding are 153.19M, and float is at 150.99M with Short Float at 5.62%. Institutions hold 5.64% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 5.57 million shares valued at $3.62 million. The investor’s holdings represent 3.63% of the BNGO Shares outstanding. As of Sep 29, 2020, the second largest holder is Bank Julius Baer & Co. Ltd, Zurich with 0.85 million shares valued at $0.55 million to account for 0.55% of the shares outstanding. The other top investors are Geode Capital Management, LLC which holds 0.62 million shares representing 0.40% and valued at over $0.4 million, while Perkins Capital Management, Inc. holds 0.31% of the shares totaling 0.47 million with a market value of $0.31 million.

Bionano Genomics Inc. (BNGO) Insider Activity

A total of 0 insider transactions have happened at Bionano Genomics Inc. (BNGO) in the last six months, with sales accounting for 0 and purchases happening 0 times.

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