How Does Wall Street Rate Shares Of Agenus Inc. (AGEN)?


Agenus Inc. (NASDAQ:AGEN) saw a downside of -5.56% to close Monday at $2.55 after subtracting -$0.15 on the day. The 5-day average trading volume is 4,819,520 shares of the company’s common stock. It has gained $2.98 in the past week and touched a new high 1 time within the past 5 days. An average of 3,989,385 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,515,092.

AGEN’s 1-month performance is 7.14% or $0.10 on its low of $2.13 reached on 12/29/22. The company’s shares have touched a 52-week low of $1.25 and high of $3.37, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, AGEN has achieved 6.25% or $0.15 and has reached a new high 6 times. However, the current price is down -24.33% from the 52-week high price.

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Valuation Metrics

AGEN stock has a beta of 1.32. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 8.24.

Agenus Inc.’s quick ratio for the period ended June 29 was 1.50, with the current ratio over the same period at 1.50. In terms of profitability, the gross margin trailing 12 months is 95.80%. The firm’s gross profit as reported stood at $292.19 million against revenue of $295.67 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Agenus Inc.’s cash and short-term investments amounted to $9.88 million against total debt of $80.19 million. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 428.85% to -$54.28 million, while revenue of -$46.49 million was 14.35% off the previous quarter. Analysts expected AGEN to announce -$0.23 per share in earnings in its latest quarter, but it posted -$0.17, representing a 26.10% surprise. EBITDA for the quarter stood at more than -$39.94 million. AGEN stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 440.86 million, with total debt at $80.19 million. Shareholders hold equity totaling $304.81 million.

Let’s look briefly at Agenus Inc. (AGEN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 45.68% to suggest the stock is trending Neutral, with historical volatility in this time period at 87.87%.

The stock’s 5-day moving average is $2.70, reflecting a -13.56% or -$0.40 change from its current price. AGEN is currently trading +4.51% above its 20-day SMA, -4.14% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +14.35% and SMA200 by-0.78%.

Stochastic %K and %D was 50.70% and 59.18% and the average true range (ATR) pointed at 0.22. The RSI (14) points at 48.16%, while the 14-day stochastic is at 30.22% with the period’s ATR at 0.21. The stock’s 9-day MACD Oscillator is pointing at -0.06 and 0.05 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Agenus Inc. (NASDAQ: AGEN), SMBC Nikko launched coverage with an Outperform rating.


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