9 analysts have shared their evaluations of Zymeworks ZYME during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 1 | 6 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 2 | 1 | 2 | 0 | 0 |
2M Ago | 0 | 0 | 2 | 0 | 0 |
3M Ago | 0 | 0 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $15.67, a high estimate of $28.00, and a low estimate of $10.00. Surpassing the previous average price target of $12.78, the current average has increased by 22.61%.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Zymeworks by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Robert Burns | HC Wainwright & Co. | Maintains | Neutral | $12.00 | $12.00 |
Andrew Berens | Leerink Partners | Raises | Outperform | $25.00 | $10.00 |
Yigal Nochomovitz | Citigroup | Raises | Buy | $18.00 | $16.00 |
Robert Burns | HC Wainwright & Co. | Maintains | Neutral | $12.00 | $12.00 |
Derek Archila | Wells Fargo | Maintains | Equal-Weight | $12.00 | $12.00 |
Stephen Willey | Stifel | Raises | Buy | $28.00 | $21.00 |
Robert Burns | HC Wainwright & Co. | Maintains | Neutral | $12.00 | $12.00 |
Robert Burns | HC Wainwright & Co. | Raises | Neutral | $12.00 | $10.00 |
Robert Burns | HC Wainwright & Co. | Maintains | Neutral | $10.00 | $10.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Zymeworks. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Zymeworks compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Zymeworks's stock. This examination reveals shifts in analysts' expectations over time.
For valuable insights into Zymeworks's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Zymeworks analyst ratings.
If you are interested in following small-cap stock news and performance you can start by tracking it here.
Delving into Zymeworks's Background
Zymeworks Inc is a clinical-stage biopharmaceutical company dedicated to the discovery, development and commercialization of next-generation multifunctional biotherapeutics. Its suite of therapeutic platforms and its fully integrated drug development engine enables precise engineering of differentiated product candidates. Its clinical candidate, zanidatamab, is a novel Azymetric HER2-targeted bispecific antibody currently being evaluated in multiple Phase 1, Phase 2, and pivotal clinical trials globally as a targeted treatment option for patients with solid tumors that express HER2. The company is also advancing a deep preclinical pipeline in oncology and other therapeutic areas.
Zymeworks: Delving into Financials
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.
Revenue Challenges: Zymeworks's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -3.07%. This indicates a decrease 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: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -186.56%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Zymeworks's ROE excels beyond industry benchmarks, reaching -7.72%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Zymeworks's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -5.95%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Zymeworks's debt-to-equity ratio is below the industry average. With a ratio of 0.06, 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
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.
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.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.