Kadmon Holdings Inc. (NASDAQ: KDMN) is 0.24% higher on its value in year-to-date trading and has touched a low of $3.14 and a high of $5.73 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KDMN stock was last observed hovering at around $3.96 in the last trading session, with the day’s gains setting it 0.2% off its average median price target of $11.00 for the next 12 months. It is also 79.2% off the consensus price target high of $20.00 offered by 6 analysts, but current levels are 48.0% higher than the price target low of $8.00 for the same period.
Currently trading at $4.16, the stock is 7.94% and -1.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.72 million and changing 5.05% at the moment leaves the stock -0.76% off its SMA200. KDMN registered -4.15% loss for a year compared to 6-month gain of 22.53%. The firm has a 50-day simple moving average (SMA 50) of $3.9951 and a 200-day simple moving average (SMA200) of $4.2144.
The stock witnessed a 15.88% loss in the last 1 month and extending the period to 3 months gives it a -13.87%, and is 6.12% 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 5.53% over the week and 5.81% over the month.
Kadmon Holdings Inc. (KDMN) has around 127 employees, a market worth around $716.52M and $8.30M in sales. Distance from 52-week low is 32.27% and -27.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-132.10%).
Kadmon Holdings Inc. (KDMN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Kadmon Holdings Inc. (KDMN) is a “Buy”. 6 analysts offering their recommendations for the stock have an average rating of 1.70, where 0 rate it as a Hold and 1 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Kadmon Holdings Inc. is expected to release its quarterly report on 08/12/2021 and quarterly earnings per share for the current quarter are estimated at -$0.18 with sales reaching $650k over the same period.The EPS is expected to shrink by -39.30% this year, but quarterly earnings will post 61.60% year-over-year.
Kadmon Holdings Inc. (KDMN) Top Institutional Holders
202 institutions hold shares in Kadmon Holdings Inc. (KDMN), with 247.42k shares held by insiders accounting for 0.14% while institutional investors hold 97.71% of the company’s shares. The shares outstanding are 169.64M, and float is at 155.55M with Short Float at 28.08%. Institutions hold 97.57% of the Float.
The top institutional shareholder in the company is Perceptive Advisors Llc with over 15.71 million shares valued at $65.2 million. The investor’s holdings represent 9.14% of the KDMN Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 14.92 million shares valued at $61.93 million to account for 8.69% of the shares outstanding. The other top investors are State Street Corporation which holds 9.82 million shares representing 5.71% and valued at over $40.73 million, while Avidity Partners Management, LP holds 5.57% of the shares totaling 9.57 million with a market value of $39.72 million.
Kadmon Holdings Inc. (KDMN) Insider Activity
A total of 0 insider transactions have happened at Kadmon Holdings Inc. (KDMN) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Kadmon Holdings Inc. (KDMN): Who are the competitors?
The company’s main competitors (and peers) include Pieris Pharmaceuticals Inc. (PIRS) that is trading -17.52% down over the past 12 months. Short interest in the company’s stock has fallen -24.3% from the last report on Apr 14, 2021 to stand at a total of 43.68 million short shares sold with a short interest ratio of 12.18.