Avidity Biosciences Inc (RNA)

$7.08

+0.92

(+14.94%)▲

Market is closed - opens 8 PM, 29 Nov 2023

Insights on Avidity Biosciences Inc

  • Increasing Revenue

    Revenue is up for the last 3 quarters, 2.23M → 2.81M (in $), with an average increase of 10.7% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, -47.02M → -52.35M (in $), with an average decrease of 11.3% per quarter

  • Vs SGEN

    In the last 1 year, Seagen, Inc. has given 76.9% return, outperforming this stock by 126.0%

Performance

  • $6.69
    $7.94
    $7.08
    downward going graph

    5.47%

    Downside

    Day's Volatility :15.71%

    Upside

    10.83%

    downward going graph
  • $4.83
    $25.74
    $7.08
    downward going graph

    31.78%

    Downside

    52 Weeks Volatility :81.24%

    Upside

    72.49%

    downward going graph

Returns

PeriodAvidity Biosciences IncSector (Health Care)Index (Russel 2000)
3 Months
-25.24%
-2.6%
0.0%
6 Months
-42.7%
2.2%
0.0%
1 Year
-49.09%
-4.3%
-3.4%
3 Years
-72.51%
19.1%
-4.7%

Highlights

Market Capitalization
453.5M
Book Value
$6.98
Dividend Share
0.0
Dividend Yield
0.0%
Earnings Per Share (EPS)
-3.0
PEG Ratio
0.0
Wall Street Target Price
36.17
Profit Margin
0.0%
Operating Margin TTM
-2080.38%
Return On Assets TTM
-27.66%
Return On Equity TTM
-45.22%
Revenue TTM
10.1M
Revenue Per Share TTM
0.15
Quarterly Revenue Growth YOY
13.5%
Gross Profit TTM
-141.2M
EBITDA
-220.2M
Diluted Eps TTM
-3.0
Quarterly Earnings Growth YOY
0.0
EPS Estimate Current Year
-2.9
EPS Estimate Next Year
-3.58
EPS Estimate Current Quarter
-0.77
EPS Estimate Next Quarter
-0.82

Analyst Recommendation

Buy
    90%Buy
    9%Hold
    0
    0%Sell
Based on 11 Wall street analysts offering stock ratings for Avidity Biosciences Inc(by analysts ranked 0 to 5 stars)
Based on 11 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
10
10
11
Hold
1
1
1
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 410.88%

Current $7.08
Target $36.17

Company Financials

FY18Y/Y Change
Revenue
379.0K
↓ 97.1%
Net Income
-11.9M
-
Net Profit Margin
-3.1K%
-
FY19Y/Y Change
Revenue
2.3M
↑ 511.87%
Net Income
-32.1M
↑ 169.16%
Net Profit Margin
-1.4K%
↑ 1763.69%
FY20Y/Y Change
Revenue
6.8M
↑ 192.67%
Net Income
-44.0M
↑ 36.93%
Net Profit Margin
-648.03%
↑ 737.09%
FY21Y/Y Change
Revenue
9.3M
↑ 37.41%
Net Income
-117.4M
↑ 166.86%
Net Profit Margin
-1.3K%
↓ 610.49%
FY22Y/Y Change
Revenue
9.2M
↓ 1.09%
Net Income
-169.1M
↑ 44.05%
Net Profit Margin
-1.8K%
↓ 574.49%
Q2 FY22Q/Q Change
Revenue
2.2M
↑ 21.34%
Net Income
-44.5M
↑ 30.76%
Net Profit Margin
-2.0K%
↓ 147.07%
Q3 FY22Q/Q Change
Revenue
2.5M
↑ 13.96%
Net Income
-42.3M
↓ 4.95%
Net Profit Margin
-1.7K%
↑ 338.76%
Q4 FY22Q/Q Change
Revenue
2.8M
↑ 11.56%
Net Income
-47.7M
↑ 12.89%
Net Profit Margin
-1.7K%
↓ 20.24%
Q1 FY23Q/Q Change
Revenue
2.2M
↓ 19.36%
Net Income
-47.2M
↓ 1.1%
Net Profit Margin
-2.1K%
↓ 390.13%
Q2 FY23Q/Q Change
Revenue
2.3M
↑ 3.72%
Net Income
-47.0M
↓ 0.35%
Net Profit Margin
-2.0K%
↑ 82.95%
Q3 FY23Q/Q Change
Revenue
2.8M
↑ 21.68%
Net Income
-52.4M
↑ 11.34%
Net Profit Margin
-1.9K%
↑ 172.46%
FY13Y/Y Change
Total Assets
125.1M
↑ 100.46%
Total Liabilities
38.0M
↓ 9.24%
FY18Y/Y Change
Total Assets
4.0M
↓ 96.82%
Total Liabilities
45.1M
↑ 18.7%
FY19Y/Y Change
Total Assets
96.9M
↑ 2333.63%
Total Liabilities
162.3M
↑ 259.7%
FY20Y/Y Change
Total Assets
333.9M
↑ 244.56%
Total Liabilities
27.7M
↓ 82.94%
FY21Y/Y Change
Total Assets
427.6M
↑ 28.06%
Total Liabilities
46.2M
↑ 66.76%
FY22Y/Y Change
Total Assets
638.8M
↑ 49.4%
Total Liabilities
60.7M
↑ 31.58%
Q2 FY22Q/Q Change
Total Assets
420.8M
↓ 0.08%
Total Liabilities
46.5M
↑ 2.25%
Q3 FY22Q/Q Change
Total Assets
430.5M
↑ 2.31%
Total Liabilities
53.6M
↑ 15.3%
Q4 FY22Q/Q Change
Total Assets
638.8M
↑ 48.37%
Total Liabilities
60.7M
↑ 13.38%
Q1 FY23Q/Q Change
Total Assets
614.0M
↓ 3.89%
Total Liabilities
55.1M
↓ 9.33%
Q2 FY23Q/Q Change
Total Assets
610.8M
↓ 0.52%
Total Liabilities
51.6M
↓ 6.27%
Q3 FY23Q/Q Change
Total Assets
573.2M
↓ 6.16%
Total Liabilities
55.7M
↑ 7.92%
FY18Y/Y Change
Operating Cash Flow
-9.7M
-
Investing Cash Flow
-49.0K
-
Financing Cash Flow
5.1M
↓ 94.16%
FY19Y/Y Change
Operating Cash Flow
2.5M
↓ 125.79%
Investing Cash Flow
-235.0K
↑ 379.59%
Financing Cash Flow
89.2M
↑ 1634.7%
FY20Y/Y Change
Operating Cash Flow
-37.1M
↓ 1590.64%
Investing Cash Flow
-7.8M
↑ 3212.77%
Financing Cash Flow
272.0M
↑ 204.86%
FY21Y/Y Change
Operating Cash Flow
-94.8M
↑ 155.44%
Investing Cash Flow
-82.5M
↑ 959.95%
Financing Cash Flow
176.3M
↓ 35.19%
Q2 FY22Q/Q Change
Operating Cash Flow
-35.5M
↑ 20.19%
Investing Cash Flow
-17.6M
↓ 89.95%
Financing Cash Flow
38.8M
↑ 60.84%
Q3 FY22Q/Q Change
Operating Cash Flow
-32.0M
↓ 10.09%
Investing Cash Flow
10.9M
↓ 161.96%
Financing Cash Flow
39.6M
↑ 2.16%

Technicals Summary

Sell

Neutral

Buy

Avidity Biosciences Inc is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Avidity Biosciences Inc
Avidity Biosciences Inc
21.02%
-42.7%
-49.09%
-72.51%
-72.51%
Moderna, Inc.
Moderna, Inc.
4.93%
-38.23%
-55.68%
-49.12%
317.85%
Regeneron Pharmaceuticals, Inc.
Regeneron Pharmaceuticals, Inc.
2.62%
9.54%
7.63%
54.66%
119.47%
Novo Nordisk A/s
Novo Nordisk A/s
7.75%
29.99%
71.36%
209.46%
351.9%
Seagen, Inc.
Seagen, Inc.
0.13%
10.52%
76.89%
25.9%
249.5%
Vertex Pharmaceuticals Incorporated
Vertex Pharmaceuticals Incorporated
-2.03%
7.65%
11.07%
53.76%
96.32%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Avidity Biosciences Inc
Avidity Biosciences Inc
NA
NA
0.0
-2.9
-0.45
-0.28
0.0
6.98
Moderna, Inc.
Moderna, Inc.
24.73
NA
0.0
-12.11
-0.22
-0.07
0.0
35.32
Regeneron Pharmaceuticals, Inc.
Regeneron Pharmaceuticals, Inc.
22.78
22.78
9.01
42.51
0.17
0.09
0.01
234.47
Novo Nordisk A/s
Novo Nordisk A/s
41.76
41.76
2.03
2.65
0.89
0.22
0.01
20.77
Seagen, Inc.
Seagen, Inc.
NA
NA
18.53
-4.16
-0.28
-0.13
0.03
13.52
Vertex Pharmaceuticals Incorporated
Vertex Pharmaceuticals Incorporated
26.68
26.68
0.41
15.04
0.23
0.14
0.02
64.05
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Avidity Biosciences Inc
Avidity Biosciences Inc
Buy
$453.5M
-72.51%
NA
0.0%
Moderna, Inc.
Moderna, Inc.
Buy
$29.8B
317.85%
24.73
-38.0%
Regeneron Pharmaceuticals, Inc.
Regeneron Pharmaceuticals, Inc.
Buy
$87.0B
119.47%
22.78
30.47%
Novo Nordisk A/s
Novo Nordisk A/s
Buy
$458.4B
351.9%
41.76
35.11%
Seagen, Inc.
Seagen, Inc.
Hold
$40.0B
249.5%
NA
-32.61%
Vertex Pharmaceuticals Incorporated
Vertex Pharmaceuticals Incorporated
Buy
$91.4B
96.32%
26.68
35.94%

Institutional Holdings

  • RTW INVESTMENTS, LLC

    9.03%

  • T. Rowe Price Associates, Inc.

    9.02%

  • RA Capital Management, LLC

    8.66%

  • BlackRock Inc

    7.60%

  • FMR Inc

    7.31%

  • COWEN AND COMPANY, LLC

    6.20%

Corporate Announcements

  • Avidity Biosciences Inc Earnings

    Avidity Biosciences Inc’s price-to-earnings ratio stands at None

    Read More

Company Information

avidity biosciences is pioneering a new class of precision medicines – antibody-sirna conjugates (asc™) – to deliver nucleic acid therapeutics against genetic drivers of disease. our ascs have drug-like properties similar to antibodies and antibody-drug conjugates. importantly, their unique sirna-based “payloads” permit selective targeting of disease-associated mrnas against virtually any target of interest. our leadership includes seasoned scientists and executives with deep expertise in the fields of antibody conjugation, chemistry, formulations, oligonucleotide therapeutics, drug delivery and cancer biology. our employees are high energy, creative people who are passionate about solving hard problems and bringing new drugs to patients. we strive to work with partners to discover best-in-class molecules with the goal of long-term, joint value creation. we have also attracted support from top-tier investors including f-prime capital, ecor1 capital, brace pharma and other sophisticated

Organization
Avidity Biosciences Inc
Employees
186
CEO
Dr. Troy Edward Wilson J.D., Ph.D.
Industry
Health Technology

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