During the last three months, 7 analysts shared their evaluations of Kymera Therapeutics KYMR, revealing diverse outlooks from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 3 | 3 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 1 | 2 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 1 | 1 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $48.86, a high estimate of $65.00, and a low estimate of $36.00. This upward trend is apparent, with the current average reflecting a 26.58% increase from the previous average price target of $38.60.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Kymera Therapeutics among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Faisal Khurshid | Leerink Partners | Announces | Outperform | $60.00 | - |
Andy Chen | Wolfe Research | Announces | Outperform | $65.00 | - |
James Quigley | Morgan Stanley | Raises | Equal-Weight | $45.00 | $34.00 |
Derek Archila | Wells Fargo | Raises | Equal-Weight | $38.00 | $30.00 |
Jeff Jones | Oppenheimer | Maintains | Outperform | $52.00 | $52.00 |
Kalpit Patel | B. Riley Securities | Raises | Neutral | $36.00 | $31.00 |
Andrew Fein | HC Wainwright & Co. | Maintains | Buy | $46.00 | $46.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Kymera Therapeutics. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kymera Therapeutics compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Kymera Therapeutics's stock. This examination reveals shifts in analysts' expectations over time.
Capture valuable insights into Kymera Therapeutics's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Kymera Therapeutics analyst ratings.
Discovering Kymera Therapeutics: A Closer Look
Kymera Therapeutics Inc is a biotechnology company pioneering a transformative new approach to treating previously untreatable diseases. The company is advancing the field of targeted protein degradation, accessing the body's innate protein recycling machinery to degrade dysregulated, disease-causing proteins. Kymera's Pegasus targeted protein degradation platform harnesses the body's natural protein recycling machinery to degrade disease-causing proteins, with a focus on un-drugged nodes in validated pathways currently inaccessible with conventional therapeutics. It is accelerating drug discovery with an unmatched ability to target and degrade intractable proteins and advance new treatment options for patients.
Kymera Therapeutics's Financial Performance
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Kymera Therapeutics's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 55.33% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Health Care sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Kymera Therapeutics's net margin excels beyond industry benchmarks, reaching -163.98%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Kymera Therapeutics's ROE excels beyond industry benchmarks, reaching -6.03%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -4.97%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Kymera Therapeutics's debt-to-equity ratio is below the industry average. With a ratio of 0.13, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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