Research Recommendations For Kadmon Holdings Inc. (KDMN): Here is What You Should Know

Kadmon Holdings Inc. (NASDAQ:KDMN) saw a downside of -1.00% to close Tuesday at $8.90 after subtracting -$0.09 on the day. The 5-day average trading volume is 1,469,120 shares of the company’s common stock. It has gained $9.05 in the past week. An average of 3,534,900 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 8,338,296.

KDMN’s 1-month performance is -1.33% or -$0.19 on its low of $8.57 reached on 09/14/21. The company’s shares have touched a 52-week low of $3.14 and high of $9.20, with the stock’s rally to the 52-week high happening on 09/08/21. YTD, KDMN has achieved 114.46% or $4.75. However, the current price is down -3.26%% from the 52-week high price.


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Valuation Metrics

Kadmon Holdings Inc. (KDMN) has a trailing price-to-earnings (P/E) ratio of 34.65 for the broader industry and 32.19 for the sector.KDMN stock has a beta of 1.13. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 825.55.

Kadmon Holdings Inc.’s quick ratio for the period ended June 29 was 9.50, with the current ratio over the same period at 9.50 meaning that KDMN stock is able to fulfill its debt obligations. In terms of profitability, the gross margin trailing 12 months is 61.80%. The trailing 12-month EBITDA margin is -1171.56%. The firm’s gross profit as reported stood at $6.29 million against revenue of $8.29 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Kadmon Holdings Inc.’s cash and short-term investments amounted to $208.61 million against total debt of $250.71 million. Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected KDMN to announce -$0.18 per share in earnings in its latest quarter, but it posted -$0.18, representing a 0.00% surprise. EBITDA for the quarter stood at more than -$31.43 million. KDMN stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 276.82 million, with total debt at $250.71 million. Shareholders hold equity totaling $172.35 million

Technical Picture

Let’s look briefly at Kadmon Holdings Inc. (KDMN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 64.30% to suggest the stock is trending Neutral, with historical volatility in this time period at 16.48%.

The stock’s 5-day moving average is $8.88, reflecting a +0.23% or $0.02 change from its current price. KDMN is currently trading +2.18% above its 20-day SMA, +131.77% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +106.50% and +101.81% respectively.

Stochastic %K and %D was 62.35% and 54.50% and the average true range (ATR) pointed at 0.20. The RSI (14) points at 70.00%, while the 14-day stochastic is at 57.14% with the period’s ATR at 0.23. The stock’s 9-day MACD Oscillator is pointing at 0.04 and 0.06 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Kadmon Holdings Inc. (NASDAQ: KDMN), UBS launched coverage with a Buy rating. Analysts offering their rating for KDMN stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate KDMN as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.

What is KDMN’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $9.07 and a high of $20.00, with their median price target at $9.50. Looking at these predictions, the average price target given by analysts is for Kadmon Holdings Inc. (KDMN) stock is $11.60.

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