NASDAQ:TSVT

2seventy bio (TSVT) Stock Price, News & Analysis

$4.76
-0.17 (-3.45%)
(As of 05/3/2024 08:53 PM ET)
Today's Range
$4.60
$5.13
50-Day Range
$3.96
$5.96
52-Week Range
$1.53
$12.69
Volume
598,300 shs
Average Volume
1.34 million shs
Market Capitalization
$244.66 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.17

2seventy bio MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
176.6% Upside
$13.17 Price Target
Short Interest
Bearish
13.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.34mentions of 2seventy bio in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$3.14 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.39) to $0.07 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.

2.74 out of 5 stars

Medical Sector

413th out of 904 stocks

Pharmaceutical Preparations Industry

186th out of 423 stocks

TSVT stock logo

About 2seventy bio Stock (NASDAQ:TSVT)

2seventy bio, Inc., a cell and gene therapy company, focuses on the research, development, and commercialization of treatments for cancer in the United States. The company's products pipeline includes Abecma, a chimeric antigen receptor T-cell product candidates for the treatment of multiple myeloma. It has a collaboration arrangement with Bristol Myers Squibb Company. The company was incorporated in 2021 and is headquartered in Cambridge, Massachusetts.

TSVT Stock Price History

TSVT Stock News Headlines

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2seventy bio Inc Ordinary Shares
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Bristol Myers Wins FDA Nod for Abecma
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
5/05/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:TSVT
Fax
N/A
Employees
274
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.17
High Stock Price Target
$26.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+176.6%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$-217,570,000.00
Net Margins
-216.73%
Pretax Margin
-216.73%

Debt

Sales & Book Value

Annual Sales
$100.39 million
Book Value
$5.04 per share

Miscellaneous

Free Float
50,068,000
Market Cap
$244.66 million
Optionable
Optionable
Beta
1.87
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TSVT Stock Analysis - Frequently Asked Questions

Should I buy or sell 2seventy bio stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 2seventy bio in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TSVT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSVT, but not buy additional shares or sell existing shares.
View TSVT analyst ratings
or view top-rated stocks.

What is 2seventy bio's stock price target for 2024?

8 Wall Street research analysts have issued 12-month target prices for 2seventy bio's shares. Their TSVT share price targets range from $5.00 to $26.00. On average, they predict the company's share price to reach $13.17 in the next twelve months. This suggests a possible upside of 176.6% from the stock's current price.
View analysts price targets for TSVT
or view top-rated stocks among Wall Street analysts.

How have TSVT shares performed in 2024?

2seventy bio's stock was trading at $4.27 on January 1st, 2024. Since then, TSVT stock has increased by 11.5% and is now trading at $4.76.
View the best growth stocks for 2024 here
.

Are investors shorting 2seventy bio?

2seventy bio saw a increase in short interest in March. As of March 31st, there was short interest totaling 6,810,000 shares, an increase of 29.7% from the March 15th total of 5,250,000 shares. Based on an average daily volume of 1,450,000 shares, the short-interest ratio is currently 4.7 days. Approximately 14.3% of the company's stock are short sold.
View 2seventy bio's Short Interest
.

When is 2seventy bio's next earnings date?

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

How can I listen to 2seventy bio's earnings call?

2seventy bio will be holding an earnings conference call on Wednesday, May 8th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were 2seventy bio's earnings last quarter?

2seventy bio, Inc. (NASDAQ:TSVT) posted its quarterly earnings results on Tuesday, March, 5th. The company reported ($1.11) EPS for the quarter, beating analysts' consensus estimates of ($1.22) by $0.11. The business earned $10.68 million during the quarter, compared to analysts' expectations of $13.91 million. 2seventy bio had a negative trailing twelve-month return on equity of 59.19% and a negative net margin of 216.73%. During the same period in the previous year, the firm posted ($0.60) EPS.

What ETFs hold 2seventy bio's stock?
Who are 2seventy bio's major shareholders?

2seventy bio's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wedmont Private Capital (0.17%). Insiders that own company stock include Casdin Capital, Llc, Kynam Capital Management, Lp, Nick Leschly, Nicola Heffron, Philip D Gregory and William D Baird III.
View institutional ownership trends
.

How do I buy shares of 2seventy bio?

Shares of TSVT 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 (NASDAQ:TSVT) was last updated on 5/6/2024 by MarketBeat.com Staff

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