Fluidigm Corporation (NASDAQ:FLDM)’s traded shares stood at 0.36 million during the last session, with the company’s beta value hitting 1.53. At the close of trading, the stock’s price was $5.37, to imply a decrease of -1.83% or -$0.1 in intraday trading. The FLDM share’s 52-week high remains $9.24, putting it -72.07% down since that peak but still an impressive 30.91% since price per share fell to its 52-week low of $3.71. The company has a valuation of $439.70M, with an average of 0.56 million shares in intraday trading volume over the past 10 days and average of 688.17K shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for Fluidigm Corporation (FLDM), translating to a mean rating of 1.50. Of 1 analyst(s) looking at the stock, 0 analyst(s) give FLDM a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.22.
3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We’ve set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
After registering a -1.83% downside in the last session, Fluidigm Corporation (FLDM) has traded red over the past five days. The stock hit a weekly high of 6.04 this Friday, 10/08/21, dropping -1.83% in its intraday price action. The 5-day price performance for the stock is -12.40%, and -21.15% over 30 days. With these gigs, the year-to-date price performance is -10.50%. Short interest in Fluidigm Corporation (NASDAQ:FLDM) saw shorts transact 7.59 million shares and set a 4.47 days time to cover.
Analysts on Wall Street suggest a consensus price target of $12.00, implying an increase of 55.25% to the stock’s current value. The extremes give us $12.00 and $12.00 for target low and target high price respectively. As such, FLDM has been trading -123.46% off suggested target high and -123.46% from its likely low.
Fluidigm Corporation (FLDM) estimates and forecasts
Revenue is forecast to shrink -175.00% this quarter before jumping 41.70% for the next one. The rating firms project that company’s revenue will shrink -1.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is $30.31 million. Meanwhile, for the quarter ending Dec 2021, a total of 2 analyst(s) estimate revenue growth to $41.92 million.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 17.50% for the past 5-year period. While 2021 is set for a 24.10% return in earnings, projections for the next 5 years are at -8.06% annually.
Fluidigm Corporation has its next earnings report out between November 03 and November 08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Fluidigm Corporation has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Fluidigm Corporation (NASDAQ:FLDM)’s Major holders
Fluidigm Corporation insiders hold 1.27% of total outstanding shares, with institutional holders owning 94.16% of the shares at 95.38% float percentage. In total, 94.16% institutions holds shares in the company, led by Indaba Capital Management, L.P. As of Mar 30, 2021, the company held over 7.45 million shares (or 9.93% of shares), all amounting to roughly $33.66 million.
The next major institution holding the largest number of shares is Blackrock Inc. with 6.25 million shares, or about 8.34% of shares outstanding. As of the market price on Mar 30, 2021, these shares were worth $28.26 million.
We also have Primecap Odyssey Aggressive Growth Fund and Needham Small Cap Growth Fund as the top two Mutual Funds with the largest holdings of the Fluidigm Corporation (FLDM) shares. Going by data provided on Mar 30, 2021, Primecap Odyssey Aggressive Growth Fund holds roughly 4.24 million shares. This is just over 5.66% of the total shares, with a market valuation of $19.16 million. Data from the same date shows that the other fund manager holds a little less at 2.35 million, or 3.14% of the shares, all valued at about 10.63 million.