In the past 52-week period, shares of BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) have moved within the range of $78.42 to $100.51. On the stock’s most recent trading day, the company’s shares ended the regular session at $81.97, which is 18.45% lower than its 52-week high.
BioMarin Pharmaceutical Inc. (BMRN) has demonstrated a 20-day simple moving average (SMA) of -9.91%, and a 50-day SMA of -8.78%. This public company’s current market capitalization stands at $14.26 billion.
Analyzing Consensus Estimates, Sales Revenue and Net Income
When thinking about buying shares in a public company, it is useful to gauge the average enthusiasm level of Wall Street analysts for that specific stock. According to the latest data, the consensus recommendation for BioMarin Pharmaceutical Inc. (BMRN) is Outperform.
When it comes to quarterly financial results, publicly-traded companies usually post earnings and revenue figures that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, BioMarin Pharmaceutical Inc. (BMRN) delivered a 3.82% surprise with its net revenue. Sales reached $0.33 billion during the three-month period, compared to the average analyst estimate of $0.35 billion.
Meanwhile, during the same quarter BioMarin Pharmaceutical Inc. (BMRN) delivered a -48.57% earnings surprise. Net earnings for the quarter were posted at -$0.07 per share, whereas Wall Street had forecast -$0.14 per share.
Ownership at BioMarin Pharmaceutical Inc. (BMRN), According to Most Recent SEC Filings
Investors can gain useful insight on institutional ownership within a public company by taking a look at the organization’s most recent 13F filings. BioMarin Pharmaceutical Inc. (BMRN) has 0.18 billion shares outstanding currently, 96.24% of which belong to institutional investors. Those institutional holdings amount to $14.04 billion.
Additionally, according to the most recent 13F filing from BioMarin Pharmaceutical Inc. (BMRN), there were 50 new positions totaling 1,117,393 shares of the company’s stock. There were 40 sold out positions, on the other hand, totaling 5,989,239 shares.
Short, Medium and Long Term Indicators
By looking at a stock’s average trade volume – in the short, medium, and long terms – we can gain a better understanding of investor sentiment and trading activity. BioMarin Pharmaceutical Inc. (BMRN) has had a 20-day average volume of 1,402,560 shares, with an average of 40% of short term indicators pointed at Sell.
The stock’s 50-day average volume has been 1,359,250 shares, with an average of 50% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 1,379,963 shares with 0% of long-term indicators pointing to Hold.