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89bio (ETNB)
NASDAQ:ETNB
89bio (ETNB) Stock Price & Analysis
513 Followers
ETNB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.91 - $20.85
Previous Close$20.16
Volume1.05M
Average Volume (3M)2.28M
Market Cap
$1.47B
Enterprise Value$1.14B
Total Cash (Recent Filing)$350.93M
Total Debt (Recent Filing)$24.64M
Price to Earnings (P/E)-7.1
Beta1.18
Next Earnings
Aug 10, 2023EPS Estimate
-$0.44Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.82
Shares Outstanding72,868,455
10 Day Avg. Volume1,340,758
30 Day Avg. Volume2,281,661
Standard Deviation0.26
R-Squared0.03
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)3.10
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-11.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-10.95
Forecast
1Y Price Target
$34.71Price Target Upside72.17% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
89bio News
Pre-EarningsETNB Upcoming Earnings Report: What to Expect?
Stock Analysis & Ideas3 Best Stocks to Buy Now, 3/27/2023, According to Top Analysts
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Product Insights
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ETNB FAQ
What was 89bio’s price range in the past 12 months?
89bio lowest stock price was $2.91 and its highest was $20.85 in the past 12 months.
What is 89bio’s market cap?
Currently, no data Available
When is 89bio’s upcoming earnings report date?
89bio’s upcoming earnings report date is Aug 10, 2023 which is in 63 days.
How were 89bio’s earnings last quarter?
89bio released its earnings results on May 04, 2023. The company reported -$0.54 earnings per share for the quarter, missing the consensus estimate of -$0.522 by -$0.018.
Is 89bio overvalued?
According to Wall Street analysts 89bio’s price is currently Undervalued.
Does 89bio pay dividends?
89bio does not currently pay dividends.
What is 89bio’s EPS estimate?
89bio’s EPS estimate is -$0.44.
How many shares outstanding does 89bio have?
89bio has 72,868,454 shares outstanding.
What happened to 89bio’s price movement after its last earnings report?
89bio reported an EPS of -$0.54 in its last earnings report, missing expectations of -$0.522. Following the earnings report the stock price went up 3.156%.
Which hedge fund is a major shareholder of 89bio?
Among the largest hedge funds holding 89bio’s share is RA Capital Management. It holds 89bio’s shares valued at 174M.
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89bio Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$34.71 (72.17% Upside)
$34.71 (72.17% Upside)
Blogger Sentiment
Bullish
ETNB Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 2.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $41.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
430.52%
12-Months-Change
Fundamentals
Return on Equity
-38.39%
Trailing 12-Months
Asset Growth
264.10%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
89bio
89bio, Inc. operates as a clinical-stage biopharmaceutical company. It focuses on the development and commercialization of innovative therapies for nonalcoholic steatohepatitis (NASH), liver and cardio-metabolic diseases. The company was founded on January 01, 2018 and is headquartered in San Francisco, CA.
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Top 5 ETFs holding ETNB
iShares Core S&P Total U.S. Stock Market ETF
$1.71M
iShares NASDAQ US Biotechnology UCITS ETF
$624.61K
Fidelity Nasdaq Composite Index ETF
$618.17K
Fidelity MSCI Health Care Index ETF
$508.64K
Picton Mahoney Fortified Long Short Alternative Fund Trust Units
$296.68K
Up to five ETFs with an Outperform Smart Score that hold ETNB. The ETFs are listed according to market value of ETNB within the ETF
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