The stock price of Repligen Corp (NASDAQ: RGEN) has plunged by -10.56 when compared to previous closing price of 142.43, but the company has seen a -9.46% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-12 that Repligen Corporation (NASDAQ:RGEN ) Q3 2024 Results Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Sondra Newman – Vice President, Global Head of Investor Relations Olivier Loeillot – President and Chief Executive Officer Jason Garland – Chief Financial Officer Conference Call Participants Dan Leonard – UBS Dan Arias – Stifel Rachel Vatnsdal – J.P. Morgan Puneet Souda – Leerink Partners Matt Larew – William Blair & Company Jacob Johnson – Stephens Inc. Conor McNamara – RBC Capital Markets Evan Stock – Wells Fargo Matthew Hewitt – Craig-Hallum Subbu Nambi – Guggenheim Securities Justin Bowers – Deutsche Bank Paul Knight – KeyBanc Capital Matt Stanton – Jefferies LLC Operator Good day, ladies and gentlemen, and welcome to Repligen Corporation’s Third Quarter of 2024 Earnings Conference Call.
Is It Worth Investing in Repligen Corp (NASDAQ: RGEN) Right Now?
RGEN has 36-month beta value of 0.95. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for RGEN is 52.09M, and currently, short sellers hold a 6.34% ratio of that float. The average trading volume of RGEN on November 15, 2024 was 704.76K shares.
RGEN’s Market Performance
RGEN’s stock has seen a -9.46% decrease for the week, with a -10.38% drop in the past month and a -17.18% fall in the past quarter. The volatility ratio for the week is 4.98%, and the volatility levels for the past 30 days are at 4.42% for Repligen Corp The simple moving average for the last 20 days is -9.24% for RGEN stock, with a simple moving average of -19.03% for the last 200 days.
Analysts’ Opinion of RGEN
Wells Fargo, on the other hand, stated in their research note that they expect to see RGEN reach a price target of $180. The rating they have provided for RGEN stocks is “Overweight” according to the report published on August 28th, 2024.
Deutsche Bank gave a rating of “Buy” to RGEN, setting the target price at $155 in the report published on June 26th of the current year.
RGEN Trading at -9.74% from the 50-Day Moving Average
After a stumble in the market that brought RGEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.66% of loss for the given period.
Volatility was left at 4.42%, however, over the last 30 days, the volatility rate increased by 4.98%, as shares sank -13.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.41% lower at present.
During the last 5 trading sessions, RGEN fell by -9.49%, which changed the moving average for the period of 200-days by -33.92% in comparison to the 20-day moving average, which settled at $140.36. In addition, Repligen Corp saw -29.15% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RGEN starting from Hunt Anthony, who sale 22,191 shares at the price of $145.37 back on Sep 10 ’24. After this action, Hunt Anthony now owns 139,840 shares of Repligen Corp, valued at $3,225,927 using the latest closing price.
Hunt Anthony, the Officer of Repligen Corp, proposed sale 22,191 shares at $144.72 during a trade that took place back on Sep 10 ’24, which means that Hunt Anthony is holding shares at $3,211,481 based on the most recent closing price.
Stock Fundamentals for RGEN
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.41 for the gross margin
The net margin for Repligen Corp stands at -0.0. The total capital return value is set at 0.0. Equity return is now at value -1.03, with -0.78 for asset returns.
Based on Repligen Corp (RGEN), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 0.4.
Currently, EBITDA for the company is 124.29 million with net debt to EBITDA at -0.68. When we switch over and look at the enterprise to sales, we see a ratio of 11.69. The receivables turnover for the company is 4.89for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.65.
Conclusion
To put it simply, Repligen Corp (RGEN) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
