Infinity Pharmaceuticals Inc. (NASDAQ:INFI) has a beta value of 1.99 and has seen 2.39 million shares traded in the last trading session. The company, currently valued at $140.60M, closed the last trade at $1.51 per share which meant it lost -$0.07 on the day or -4.43% during that session. The INFI stock price is -296.03% off its 52-week high price of $5.98 and 1.99% above the 52-week low of $1.48. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.8 million shares traded. The 3-month trading volume is 1.67 million shares.
The consensus among analysts is that Infinity Pharmaceuticals Inc. (INFI) is a Buy stock at the moment, with a recommendation rating of 1.90. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 8 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.13.
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.
Sporting -4.43% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 01/07/22 when the INFI stock price touched $1.51 or saw a rise of 37.34%. Year-to-date, Infinity Pharmaceuticals Inc. shares have moved -32.89%, while the 5-day performance has seen it change -32.89%. Over the past 30 days, the shares of Infinity Pharmaceuticals Inc. (NASDAQ:INFI) have changed -36.55%. Short interest in the company has seen 2.74 million shares shorted with days to cover at 1.43.
Wall Street analysts have a consensus price target for the stock at $9.06, which means that the shares’ value could jump 83.33% from current levels. The projected low price target is $7.00 while the price target rests at a high of $12.00. In that case, then, we find that the current price level is -694.7% off the targeted high while a plunge would see the stock gain -363.58% from current levels.
Infinity Pharmaceuticals Inc. (INFI) estimates and forecasts
Figures show that Infinity Pharmaceuticals Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -48.64% over the past 6 months, with this year growth rate of 22.06%, compared to 16.80% for the industry. Other than that, the company has, however, increased its growth outlook for the 2022 fiscal year revenue. Growth estimates for the current quarter are 18.80% and 6.70% for the next quarter. Revenue growth from the last financial year stood is estimated to be 0.10%.
8 analysts offering their estimates for the company have set an average revenue estimate of $290k for the current quarter. 3 have an estimated revenue figure of $380k for the next quarter concluding in Mar 2022. Year-ago sales stood $436k and $467k respectively for this quarter and the next, and analysts expect sales will shrink by -33.50% for the current quarter and -18.60% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 23.70% over the past 5 years.
Infinity Pharmaceuticals Inc. is expected to release its next earnings report between March 14 and March 18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Infinity Pharmaceuticals Inc. (NASDAQ:INFI)’s Major holders
Insiders own 2.17% of the company shares, while shares held by institutions stand at 58.68% with a share float percentage of 59.98%. Investors are also buoyed by the number of investors in a company, with Infinity Pharmaceuticals Inc. having a total of 143 institutions that hold shares in the company. The top two institutional holders are BVF Inc. with over 8.38 million shares worth more than $28.67 million. As of Sep 29, 2021, BVF Inc. held 9.42% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 5.98 million shares as of Sep 29, 2021. The firm’s total holdings are worth over $20.46 million and represent 6.72% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Sep 29, 2021, the former fund manager holds about 2.83% shares in the company for having 2.52 million shares of worth $8.6 million while later fund manager owns 2.07 million shares of worth $5.25 million as of Oct 30, 2021, which makes it owner of about 2.32% of company’s outstanding stock.