Kamada Ltd. (NASDAQ:KMDA) does about 214.77K shares in volume on a normal day but saw 4238448 shares change hands in Friday trading. The company now has a market cap of 443.01M USD and an enterprise value of about $274.59M. Its current market price is $9.95, marking an increase of 10.56% compared to the previous close of $9.00. The 52 week high reached by this stock is $10.00 whilst the lowest price level in 52 weeks is $4.40. The script in recent trading has seen the stock touch a high of $12.10 and a low of $9.70.
Kamada Ltd. (KMDA) has a 20-day trading average at $8.86 and the current price is -0.50% off the 52-week high compared with 126.14% distance from its 52-week low. The 50-day simple moving average of the closing price is $8.59 and its 200-day simple moving average is $7.06. If we look at the stock’s price movements over the week, volatility stands at 9.22%, which decreases to 5.61% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 64.62 to suggest the stock is neutral.
3 analysts observing the Kamada Ltd. (KMDA) stock have set the 12-month price targets for the company’s shares at between $10.00 and $11.00. The consensus objective for the share price is $9.00, suggesting that the stock has a potential downside of -10.56% over the period. The median price target is 9.55% away from the current levels at $11.00.
FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 3 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 02, 2018 when Chardan Capital Markets initiated the stock to “Buy” and issued a price target of $7.
The current price level is 12.86%, 16.38%, and 41.46% away from its SMA20, SMA50, and SMA200 respectively, with the KMDA price moving below the 50-day SMA on August 14. Kamada Ltd. (KMDA) stock is up 14.37% over the week and 11.42% over the past month. Its price is 45.68% year-to-date and 89.16% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of $0.08 below consensus estimates by -$0.03. The company’s next earnings report is expected on 11/16/2020, with forecasts estimating quarterly EPS at $0.06 and $0.36 for whole year. KMDA’s earnings per share are forecast to shrink by -34.50% this year and -102.80% over next year. Expected sales for next quarter are $34.1 million, which analysts say will come at $135.22 million for the current fiscal year and next year at $104.83 million. In addition, estimates put the company’s current quarterly revenue at an average of $33.35 million.
Its 12-month price target is $11.00. To reach the target analysts have set, the stock logically needs to shrink -10.56 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $10.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $11.00.
Outstanding shares total 44.52M with insiders holding 19.82% of the shares and institutional holders owning 38.75% of the company’s common stock. The price to earnings ratio (P/E ratio) amounts to 20.86. Price to book ratio is 2.53 and price to sales ratio is 3.37.
According to a U.S. Securities and Exchange Commission filing, Vanguard Total International Stoc has reduced its position in Kamada Ltd. (KMDA) to 434,772 shares, mirroring a recent drop by 0.00%. Vanguard Total International Stoc dumped 0.0 shares of Kamada Ltd. common stock bringing its total worth to about $3.69 million at the end of recent close, SEC documents show. Vanguard Total International Stoc isn’t the only investment manager who changed stakes and is followed by Government Pension Fund – Global , which sold off -0.33 million shares to end up with 401,294 shares worth $3.41 million. Tachlit SAL (40) TA 125 raise their holdings by 15.09% in the company over the course of the most recent quarter. It now holds a 0.61% position in Kamada Ltd. thanks to 0.27 million shares amounting to $2.31 million.