The stock of BioNTech SE (NASDAQ:BNTX) decreased by -$1.44 on Friday to finish at $117.61, down -1.21 percent. The last five days have seen an average of 1,151,360 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$32.61. The average number of shares traded over the last 20 days was 962,760, while the average volume over the last 50 days totaled 721,592.
BNTX stock appreciated 12.01% since last month. On 08/07/23, the company’s shares reached a one-month low of $95.50. The stock touched a high of $188.99 on 01/06/23, after rallying from a low of $95.50 in 52 weeks. The price of BNTX stock has declined by -21.71% or -$32.61 this year, reaching a new high 2 times. Still, the stock price is down -37.77% from the 52-week high.
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Valuation Metrics
BioNTech SE (BNTX) has a trailing price-to-earnings (P/E) ratio of 6.20. Beta for the stock is 0.16. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.88, the price-to-book (PB) ratio of 1.32, and the price-to-cash flow ratio of 3.01.
Financial Health
For the three months ended June 29, BioNTech SE’s quick ratio was 10.30, while its current ratio was 10.60, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.01, and the total debt to equity ratio is 0.01. As far as profitability goes, gross margin for the trailing twelve months is 87.00% percent. BioNTech SE’s EBITDA margin for the year ended June 29 was 88.49%, whereas its operating margin stood at 62.80% for the same period. Based on annual data, it had gross profit of $15.08 billion and revenue of $18.24 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. BNTX’s return on assets (ROA) during the last 12 months has been 19.40%. There was a 45.00% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 22.30%.
Earnings Surprise
According to BioNTech SE’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. It was predicted that BioNTech SE’s quarterly earnings would be -$0.85, but it ended up being -$1.04, beating the consensus by 18.30%. EBITDA was -$578.9 million for the quarter. At the end of BioNTech SE’s most recent quarter ended June 29, its liabilities totaled 2.53 billion, while its total debt was $205.7 million.
Technical Picture
Here’s a quick look at BioNTech SE’s (BNTX) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 59.73%, suggesting the stock is Neutral, with a 54.01% historical volatility rate.
The stochastic %K and %D were 84.96% and 91.16% respectively, while the average true range (ATR) was 4.46. Based on the 14-day stochastic reading of 75.88%, the RSI (14) reading is 59.24%. On the 9-day MACD Oscillator, the stock is at 4.53, and the 14-day reading is at 8.01.
Analyst Ratings
In its analyst report released on July 14, 2023, HSBC Securities began covering BioNTech SE (NASDAQ: BNTX). The stock was rated as a Buy by the brokerage firm. Analysts have assigned BioNTech SE (BNTX) an Overweight rating. BNTX is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 10 others recommend it as a buy.
What is BNTX’s price target for the next 12 months?
The current consensus forecast for the stock is between $91.35 and $236.29, with a median target price of $133.77. In analyzing these forecasts, the average price target given by analysts for BioNTech SE (BNTX) is $139.05.
