Should I buy or sell Danimer Scientific stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Danimer Scientific in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DNMR shares. View DNMR analyst ratings or view top-rated stocks .

What is Danimer Scientific's stock price target for 2024?

2 Wall Street research analysts have issued twelve-month price objectives for Danimer Scientific's shares. Their DNMR share price targets range from $1.25 to $2.00. On average, they anticipate the company's stock price to reach $1.63 in the next year. This suggests a possible upside of 111.7% from the stock's current price. View analysts price targets for DNMR or view top-rated stocks among Wall Street analysts .

How have DNMR shares performed in 2024?

Danimer Scientific's stock was trading at $1.02 at the start of the year. Since then, DNMR shares have decreased by 24.7% and is now trading at $0.7677. View the best growth stocks for 2024 here .

When is Danimer Scientific's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our DNMR earnings forecast .

What ETF holds Danimer Scientific's stock?

Goldman Sachs Future Planet Equity ETF holds 53,300 shares of DNMR stock, representing 0.09% of its portfolio.

What guidance has Danimer Scientific issued on next quarter's earnings?

Danimer Scientific issued an update on its fourth quarter 2023 earnings guidance on Wednesday, March, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $10.9 million-$10.9 million, compared to the consensus revenue estimate of $11.6 million.

Who are Danimer Scientific's major shareholders?

Danimer Scientific's stock is owned by a variety of institutional and retail investors. Top institutional investors include Thomasville National Bank (0.16%). Insiders that own company stock include Richard J Hendrix, Scott Tuten and Stuart W Pratt. View institutional ownership trends .

How do I buy shares of Danimer Scientific?

Shares of DNMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:DNMR

Danimer Scientific (DNMR) Stock Price, News & Analysis

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$0.77

-0.03 (-3.76%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.75
▼
$0.80
50-Day Range: $0.77
▼
$1.70
52-Week Range: $0.60
▼
$3.97

Volume: 512,272 shs
Average Volume: 1.03 million shs
Market Capitalization: $87.70 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.63

Get Danimer Scientific alerts:

Danimer Scientific MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 111.7% Upside
$1.63 Price Target
Short Interest: Bearish
18.28% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.99) to ($0.65) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.39 out of 5 stars

Industrial Products Sector

146th out of 167 stocks

Plastics Materials & Resins Industry

11th out of 11 stocks

3.3

Analyst's Opinion

Consensus Rating
Danimer Scientific has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Danimer Scientific has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
18.28% of the outstanding shares of Danimer Scientific have been sold short.
Short Interest Ratio / Days to Cover
Danimer Scientific has a short interest ratio ("days to cover") of 21, which indicates bearish sentiment.
Change versus previous month
Short interest in Danimer Scientific has recently decreased by 1.97%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Danimer Scientific does not currently pay a dividend.
Dividend Growth
Danimer Scientific does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DNMR.

2.2

News and Social Media Coverage

News Sentiment
Danimer Scientific has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Industrial Products companies.
Search Interest
Only 7 people have searched for DNMR on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Danimer Scientific to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Danimer Scientific insiders have not sold or bought any company stock.
Percentage Held by Insiders
14.30% of the stock of Danimer Scientific is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 33.84% of the stock of Danimer Scientific is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Danimer Scientific are expected to grow in the coming year, from ($0.99) to ($0.65) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Danimer Scientific is -0.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Danimer Scientific is -0.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Danimer Scientific has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Danimer Scientific Stock (NYSE:DNMR)

Danimer Scientific, Inc., a performance polymer company, develops, produces, and provides bioplastic replacements for traditional petroleum-based plastics. It produces polyhydroxyalkanoate, a biodegradable plastic feedstock alternative used in a range of plastic applications, including films, straws, food containers, and other things under the Nodax brand name; polylactic acid-based resins for coating disposable paper cups; and other biopolymers. The company offers its products for biopolymers, including additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. It also markets its products to consumer packaging brand owners, converters, and manufacturers in the plastics industry. Danimer Scientific, Inc. was founded in 2004 and is headquartered in Bainbridge, Georgia.

DNMR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DNMR Stock News Headlines

April 10, 2024 | americanbankingnews.com

Danimer Scientific's (DNMR) "Neutral" Rating Reaffirmed at Piper Sandler

April 9, 2024 | msn.com

Danimer Scientific downgraded at Piper Sandler on slower revenue growth

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 6, 2024 | uk.investing.com

Danimer shares target cut by TD Cowen, maintain buy rating

April 2, 2024 | finance.yahoo.com

Danimer Scientific, Inc. (NYSE:DNMR) Just Reported Earnings, And Analysts Cut Their Target Price

April 1, 2024 | finance.yahoo.com

Danimer Scientific, Inc. (NYSE:DNMR) Q4 2023 Earnings Call Transcript

March 31, 2024 | gurufocus.com

Q4 2023 Danimer Scientific Inc Earnings Call Transcript

March 28, 2024 | benzinga.com

Recap: Danimer Scientific Q4 Earnings

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

March 28, 2024 | finance.yahoo.com

Danimer Scientific Inc (DNMR) Faces Headwinds: Earnings Miss Analyst Expectations Amidst Challenges

March 28, 2024 | businesswire.com

Danimer Scientific Announces Fourth Quarter and Full Year 2023 Results

March 25, 2024 | businesswire.com

Danimer Scientific Announces Closing of $15 Million Registered Direct Offering

March 22, 2024 | finance.yahoo.com

Danimer Scientific Inc (DNMR) Faces Revenue Decline Amidst Growth in PHA Segment

March 21, 2024 | markets.businessinsider.com

Danimer Scientific: Strong Buy Rating on Positive Growth and Financial Stability Projections

March 21, 2024 | markets.businessinsider.com

Danimer Scientific Announces $15 Mln Registered Direct Offering

March 20, 2024 | businesswire.com

Danimer Scientific Announces $15 Million Registered Direct Offering

March 17, 2024 | finance.yahoo.com

DNMR Apr 2024 2.000 put

March 16, 2024 | finance.yahoo.com

DNMR Apr 2024 1.500 put

March 15, 2024 | finance.yahoo.com

DNMR Mar 2024 1.000 put

March 10, 2024 | finance.yahoo.com

DNMR Mar 2024 1.500 put

March 8, 2024 | finance.yahoo.com

DNMR Aug 2024 2.000 call

February 22, 2024 | finance.yahoo.com

Danimer Scientific Announces Successful Expansion of Rinnovo® Demonstration Plant Capacity

February 22, 2024 | businesswire.com

Danimer Scientific Announces Successful Expansion of Rinnovo® Demonstration Plant Capacity

February 16, 2024 | finance.yahoo.com

While institutions invested in Danimer Scientific, Inc. (NYSE:DNMR) benefited from last week's 54% gain, individual investors stood to gain the most

February 8, 2024 | benzinga.com

Danimer Scientific Stock (NYSE:DNMR) Dividends: History, Yield and Dates

January 29, 2024 | finance.yahoo.com

Danimer Scientific Receives Continued Listing Standard Notice from NYSE

November 30, 2023 | msn.com

DNMR, KGEI and RDHL among pre-market losers

See More Headlines

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Company Calendar

Today: 4/20/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Industrial Products
Industry: Plastics materials & resins
Sub-Industry: N/A
Current Symbol: NYSE:DNMR
CUSIP: N/A
CIK: 1779020
Web: danimerscientific.com
Phone: 229-243-7075
Fax: N/A
Employees: 271
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.63
High Stock Price Target: $2.00
Low Stock Price Target: $1.25
Potential Upside/Downside: +111.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.52)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-155,470,000.00
Net Margins: -333.03%
Pretax Margin: -332.35%
Return on Equity: -49.01%
Return on Assets: -21.12%

Debt

Debt-to-Equity Ratio: 1.37
Current Ratio: 6.87
Quick Ratio: 5.26

Sales & Book Value

Annual Sales: $46.68 million
Price / Sales: 1.88
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.70 per share
Price / Book: 0.28

Miscellaneous

Outstanding Shares: 114,240,000
Free Float: 97,905,000
Market Cap: $87.70 million
Optionable: Optionable
Beta: 1.51

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Key Executives

Mr. Stephen E. Croskrey (Age 63)
CEO & Chairman of the Board
Comp: $887.94k
Mr. Michael A. Hajost (Age 60)
Chief Financial Officer
Comp: $393.51k
Mr. Phillip D. Van Trump (Age 47)
Chief Science & Technology Officer
Comp: $338.5k
Mr. Michael Smith (Age 55)
Chief Operating Officer
Comp: $373.69k
Russ Zukowski
Vice President of Corporate Finance
James Palczynski
Investor Relations Officer
Mr. Stephen Albert Martin Esq. (Age 55)
Corporate Secretary & Chief Legal Officer
Mr. Scott C. Tuten (Age 48)
Chief Marketing & Sustainability Officer
Comp: $381.64k
Mr. Anthony L. Austin (Age 66)
Chief Human Resource Officer
Mr. John A. Dowdy III (Age 51)
Senior Vice President of Financial Planning & Analysis
Comp: $375.46k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DNMR Stock Analysis - Frequently Asked Questions

Should I buy or sell Danimer Scientific stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Danimer Scientific in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DNMR shares.
View DNMR analyst ratings or view top-rated stocks.
What is Danimer Scientific's stock price target for 2024?: 2 Wall Street research analysts have issued twelve-month price objectives for Danimer Scientific's shares. Their DNMR share price targets range from $1.25 to $2.00. On average, they anticipate the company's stock price to reach $1.63 in the next year. This suggests a possible upside of 111.7% from the stock's current price.
View analysts price targets for DNMR or view top-rated stocks among Wall Street analysts.
How have DNMR shares performed in 2024?: Danimer Scientific's stock was trading at $1.02 at the start of the year. Since then, DNMR shares have decreased by 24.7% and is now trading at $0.7677.
View the best growth stocks for 2024 here.
When is Danimer Scientific's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our DNMR earnings forecast.

What ETF holds Danimer Scientific's stock?: Goldman Sachs Future Planet Equity ETF holds 53,300 shares of DNMR stock, representing 0.09% of its portfolio.
What guidance has Danimer Scientific issued on next quarter's earnings?: Danimer Scientific issued an update on its fourth quarter 2023 earnings guidance on Wednesday, March, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $10.9 million-$10.9 million, compared to the consensus revenue estimate of $11.6 million.
Who are Danimer Scientific's major shareholders?: Danimer Scientific's stock is owned by a variety of institutional and retail investors. Top institutional investors include Thomasville National Bank (0.16%). Insiders that own company stock include Richard J Hendrix, Scott Tuten and Stuart W Pratt.
View institutional ownership trends.
How do I buy shares of Danimer Scientific?: Shares of DNMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:DNMR) was last updated on 4/20/2024 by MarketBeat.com Staff

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Danimer Scientific (DNMR) Stock Price, News & Analysis

Danimer Scientific MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Danimer Scientific Stock (NYSE:DNMR)

DNMR Stock Price History

DNMR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

DNMR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™