The Week Ahead: Are Investors Really Too Optimistic About Ginkgo Bioworks Holdings Inc (NYSE: DNA)

Ginkgo Bioworks Holdings Inc (NYSE:DNA) currently has a daily average trading volume of 1.31M but it saw 1272167 shares traded in last market. With a market cap of 434.31M USD, the company’s current market price of $7.42 came rising about 9.28 while comparing to the previous closing price of $6.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.16 and as low as $5.00. In the recent trading on the day, stock has struck highest price mark of $6.89 while lowest mark touched by it was $7.59.

Raymond James also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $3.50 and $2.50.

Over the week, DNA’s stock price is moving -7.13% down while it is -7.48% when we observe its performance for the past one month. Year-to-date it is -24.44% down and over the past year, the stock is showing a downside performance of -71.74%.

The company is expected to be releasing its next quarterly report on 2025-May-05, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $43.41M as analysts are expecting the sales for current fiscal year at $177.21M and seeing the company making $200.75M in sales next year. Moreover, analysts are in estimates of $40.91M for current-quarter revenue.

Currently, Ginkgo Bioworks Holdings Inc’s total number of outstanding shares is 43.08M with 6.68% of that held by the insiders while 79.41% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -43.63% and return on equity (ROE) at -57.76%. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 0.59 while price to sale or P/S ratio amounts to 1.83. Its return on asset (ROA) is -32.84% on average.

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