Agios Pharmaceuticals, Inc. (AGIO) Stock: A Strong Pick In The Biotech Space?

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Agios Pharmaceuticals, Inc. (AGIO) is gaining in the market in today’s trading session. The stock, one that is focused in the biotechnology sector, is presently trading at $37.90 after a move up of 6.52% so far today. As it relates to biotechnology stocks, there are several factors that have the ability to cause gains in the market. News is one of the most common reasons for movement. Here are the recent trending headlines centered around AGIO:

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Sep-10-19 07:00AM Agios to Present Data From the Phase 3 ClarIDHy Study of TIBSOVO® in Previously Treated IDH1 Mutant Cholangiocarcinoma in Presidential Symposium at ESMO
Sep-04-19 07:12PM Edited Transcript of AGIO earnings conference call or presentation 1-Aug-19 12:00pm GMT
05:00PM Agios Announces Publication of Data for Mitapivat from Core and Extension Phases of the DRIVE PK Study in Patients with Pyruvate Kinase Deficiency in the New England Journal of Medicine
Aug-31-19 09:32AM Agios Pharmaceuticals (AGIO) Down 11.2% Since Last Earnings Report: Can It Rebound?
Aug-29-19 04:05PM Agios to Present at the Citi 14th Annual Biotech Conference on Thursday, September 5, 2019

However, any time investors are making a decision with regard to investing, prospective investors should look into much more than news, this is especially the case in the highly speculative biotechnology sector. Here’s what’s happening with Agios Pharmaceuticals, Inc..

Recent Trends From AGIO

While a move toward the top in a single session, like the move that we’re seeing from Agios Pharmaceuticals, Inc. may lead to excitement in some investors, that alone shouldn’t be the reason for a decision to, or not to, invest in a stock. It’s always smart to look at trends experienced by the stock beyond a single trading day. As it relates to AGIO, here are the trends that investors have seen:

  • Past Seven Days – Throughout the past five trading sessions, AGIO has generated a price change amounting to 5.90%.
  • Past Month – The monthly performance from Agios Pharmaceuticals, Inc. comes to -11.47%.
  • Quarterly – Over the last 3 months, the company has produced a return on investment that works out to -22.18%
  • Bi-Annually – Over the past 6 months, we’ve seen a change that equates to -42.51% from the company.
  • This Year So Far – Since the close of last year AGIO has generated a return of -17.81%.
  • Full Year – Finally, over the last full year, investors have seen performance that works out to -49.08% from AGIO. Throughout this period of time, the stock has sold at a high price of -52.13% and a low price of 14.26%.

Ratios That Are Notable

Digging into a few key ratios having to do with a stock generally gives investors a look of how dangerous and/or rewarding a stock pick might be. Here are a few of the important ratios to think about when digging into AGIO.

Short Ratio – The short ratio is a measure of short interest. As the ratio climbs, it means that more investors are expecting that the stock is headed for declines. Across the sector, biotech stocks tend to carry a higher short ratio. However, we also tend to see a lot of short squeezes in the space. Nonetheless, in relation to Agios Pharmaceuticals, Inc., it’s short ratio is 18.01.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Essentially, they measure If a company is able to cover its debts as they mature using current assets or quick assets. Because many biotech companies rely heavily on continued support from investors, these ratios can be bad. Nonetheless, several better companies in the biotechnology space do have great current and quick ratios. As it relates to AGIO, the quick and current ratios work out to 5.90 and 6.00 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the current book value of assets owned by the company. In this particular case, that ratio comes in at 9.07.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the value of the company’s stock. Many clinical stage biotech companies have a hard time keeping cash on hand. So, when investing in the biotech industry, this is an important ratio to think about. In this case, the cash to share value is 8.20.

Analyst Opinions Of Agios Pharmaceuticals, Inc.

Although it’s not a good idea to blindly follow the thoughts of analysts, it is a smart idea to consider their opinions to validate your own thoughts when it comes to making an investment decision in the biotech space. Here are the most recent moves that we’ve seen from analysts as it relates to AGIO.

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May-23-19 Resumed Goldman Neutral $55
Feb-15-19 Upgrade SVB Leerink Mkt Perform → Outperform $80
Sep-25-18 Initiated Leerink Partners Mkt Perform
May-23-18 Initiated Citigroup Buy $117
Apr-11-18 Reiterated Credit Suisse Outperform $80 → $95

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in AGIO, here’s what we’re seeing:

  • Institutional Investors – Currently, institutional investors hold 0 of Agios Pharmaceuticals, Inc.. Nonetheless, it’s worth noting that institutional ownership has seen a move in the amount of 1.35% in the last quarter.
  • Investors On The Inside – as it relates to insiders, those close to the company currently own 0.10% of the company. Their ownership of the company has seen a change of -27.58% over the last quarter.

Interested In How Many Shares Are Available?

Investors and traders tend to like to know the total numbers of shares both outstanding and available. When it comes to Agios Pharmaceuticals, Inc., there are currently 60.40M and there is a float of 51.18M. These numbers mean that out of the total of 60.40M shares of AGIO that are out there today, 51.18M are available to be traded in the public realm.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to AGIO, the short percent of the float is 19.83%.

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-6.97. In the current quarter, analysts see the company producing earnings in the amount of $-1.78. Over the last 5 years, AGIO has generated revenue in the amount of $29.90% with earnings coming in at -16.40%. On a quarter over quarter basis, earnings have seen movement of -57.10% and revenue has seen movement of -35.10%.

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