How Does Novavax Inc. (NVAX) Rank In Terms Of Valuation Ratios?

The stock of Novavax Inc. (NASDAQ:NVAX) decreased by -$0.12 on Monday to finish at $7.24, down -1.63 percent. The last five days have seen an average of 12,976,319 shares of common stock traded. 6 times new highs were reached in the current year, with a fall of -$3.04. The average number of shares traded over the last 20 days was 6,912,970, while the average volume over the last 50 days totaled 6,682,314.

NVAX stock dropped -16.59% since last month. On 08/09/23, the company’s shares reached a one-month low of $6.84. The stock touched a high of $44.02 on 01/18/23, after rallying from a low of $5.61 in 52 weeks. The price of NVAX stock has declined by -29.57% or -$3.04 this year, reaching a new high 6 times. Still, the stock price is down -83.55% from the 52-week high.

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Insider Transactions

NVAX stock investors should be aware that Novavax Inc. (NVAX) stock had its last reported insider trading activity 158 days ago on Mar 10. On Mar 10, President, R&D Glenn Gregory M acquired 1,000 shares at $6.50 each. This transaction resulted in the insider spending $6,500. On Mar 07, Glenn Gregory M added 2,000 shares at a price of US$7.04. After the transaction, the insider now owns 13,473 shares. President, R&D Glenn Gregory M had earlier bought 3,000 shares on Mar 06 for $7.48 a share. The transaction was completed for $22,454.

Financial Health

For the three months ended June 29, Novavax Inc.’s quick ratio was 0.70, while its current ratio was 0.70, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 55.80% percent. Novavax Inc.’s EBITDA margin for the year ended June 29 was -31.07%, whereas its operating margin stood at -39.30% for the same period. Based on annual data, it had gross profit of $1.08 billion and revenue of $1.98 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. NVAX’s return on assets (ROA) during the last 12 months has been -30.30%. There was a 769.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 82.30%.

Earnings Surprise

According to Novavax Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $424.43 million, while revenues rose by 56.19% to $80.95 million. It was predicted that Novavax Inc.’s quarterly earnings would be $0.58, but it ended up being -$1.39, beating the consensus by 141.70%. EBITDA was $65.52 million for the quarter. At the end of Novavax Inc.’s most recent quarter ended June 29, its liabilities totaled 2.44 billion, while its total debt was $237.33 million. Equity owned by shareholders amounts to $94.4 million.

Technical Picture

Here’s a quick look at Novavax Inc.’s (NVAX) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 38.88%, suggesting the stock is Neutral, with a 58.48% historical volatility rate.

The stochastic %K and %D were 23.45% and 20.75% respectively, while the average true range (ATR) was 0.70. Based on the 14-day stochastic reading of 15.83%, the RSI (14) reading is 42.27%. On the 9-day MACD Oscillator, the stock is at -0.22, and the 14-day reading is at -0.51.

Analyst Ratings

In its most recent analyst report, B. Riley Securities raised its rating on Novavax Inc. (NASDAQ: NVAX) to a Buy. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Novavax Inc. (NVAX) an Hold rating. NVAX is a stock that is recommended for selling by 1 brokerage firm, while 1 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.

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

The current consensus forecast for the stock is between $5.00 and $38.00, with a median target price of $15.00. In analyzing these forecasts, the average price target given by analysts for Novavax Inc. (NVAX) is $20.60.

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