Precigen, Inc. (NASDAQ:PGEN – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $10.00.
PGEN has been the topic of several recent research reports. Stifel Nicolaus upped their price target on Precigen from $7.00 to $10.00 and gave the stock a “buy” rating in a research note on Monday, June 3rd. JMP Securities reaffirmed a “market outperform” rating and issued a $14.00 price target on shares of Precigen in a research note on Tuesday, June 4th. HC Wainwright reaffirmed a “buy” rating and issued a $6.00 price target on shares of Precigen in a research note on Monday, June 3rd. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Precigen in a research note on Wednesday, May 15th. Finally, StockNews.com raised Precigen to a “sell” rating in a research note on Tuesday, May 21st.
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Precigen Stock Performance
Shares of PGEN stock opened at $1.47 on Thursday. Precigen has a fifty-two week low of $0.84 and a fifty-two week high of $1.88. The stock has a 50 day moving average price of $1.48 and a two-hundred day moving average price of $1.43. The company has a market capitalization of $371.06 million, a P/E ratio of -3.77 and a beta of 1.73.
Precigen (NASDAQ:PGEN – Get Free Report) last announced its quarterly earnings data on Tuesday, May 14th. The biotechnology company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.01). Precigen had a negative net margin of 1,781.72% and a negative return on equity of 65.36%. The company had revenue of $1.07 million during the quarter, compared to the consensus estimate of $1.54 million. During the same quarter in the previous year, the firm posted ($0.10) EPS. As a group, equities analysts predict that Precigen will post -0.36 earnings per share for the current year.
Precigen Company Profile
Precigen, Inc operates as a discovery and clinical-stage biopharmaceutical company that develops gene and cell therapies using precision technology to target diseases in therapeutic areas of immuno-oncology, autoimmune disorders, and infectious diseases. It operates through two segments, Biopharmaceuticals and Exemplar.
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