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Q32 Bio (QTTB)
NASDAQ:QTTB
QTTB Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.35 - $53.79
Previous CloseN/A
Volume113.57K
Average Volume (3M)238.72K
Market Cap
$29.60M
Enterprise Value$469.19M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.12
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-14.21
Shares Outstanding12,180,701
10 Day Avg. Volume296,717
30 Day Avg. Volume238,720
Standard Deviation0.28
R-Squared0.00361
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)25.50
Price to Cash Flow (P/CF)-0.40
P/FCF Ratio0.00
Enterprise Value/Market Cap15.85
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit811.76
Enterprise Value/Ebitda-8.79
Forecast
1Y Price Target
$11.83Price Target Upside360.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
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Q32 Bio News
PremiumCompany Announcements
Q32 Bio Restructures to Focus on Bempikibart Development
PremiumCompany Announcements
Q32 Bio Advances Clinical Trials for Growth Opportunities
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Bulls Say, Bears Say
Bulls Say
Patient ResponseQTTB posted an updated corporate deck including additional case reports showing visually compelling hair-regrowth among patients with severe AA and continued response 7 months post-bempi dosing.
Strategic RestructuringThe decision to focus on bempikibart development seems to signal confidence in the drug.
Trial ExpansionQTTB plans to use capital to fund an expansion trial for alopecia areata, indicating a continued focus on potential areas of success.
Bears Say
Efficacy ConcernsThe early clinical profile of bempikibart is not compelling enough to merit meaningful value beyond current assumptions.
Price Target ReductionDue to the discontinuation of ADX-097 development, the target price is lowered to $3 from $22, and QTTB is downgraded to Market Perform.
Stock Rating DowngradeDisappointing results for lead asset bempikibart from the Phase 2a SIGNAL-AD and SIGNAL-AA studies have led to a downgrade of QTTB's stock rating.
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Ownership Overview
0.59% Insiders
11.54% Mutual Funds
32.11% Other Institutional Investors
50.28% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
QTTB FAQ
What was Q32 Bio’s price range in the past 12 months?
Q32 Bio lowest stock price was $2.35 and its highest was $53.79 in the past 12 months.
What is Q32 Bio’s market cap?
Q32 Bio’s market cap is $29.60M.
When is Q32 Bio’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Q32 Bio’s earnings last quarter?
Q32 Bio released its earnings results on Aug 08, 2024. The company reported -$1.42 earnings per share for the quarter, missing the consensus estimate of -$0.997 by -$0.423.
Is Q32 Bio overvalued?
According to Wall Street analysts Q32 Bio’s price is currently Undervalued.
Does Q32 Bio pay dividends?
Q32 Bio does not currently pay dividends.
What is Q32 Bio’s EPS estimate?
Q32 Bio’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Q32 Bio have?
Q32 Bio has 12,180,701 shares outstanding.
What happened to Q32 Bio’s price movement after its last earnings report?
Q32 Bio reported an EPS of -$1.42 in its last earnings report, missing expectations of -$0.997. Following the earnings report the stock price went down -1.125%.
Which hedge fund is a major shareholder of Q32 Bio?
Currently, no hedge funds are holding shares in QTTB
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Q32 Bio Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.83 (360.31% Upside)
$11.83 (360.31% Upside)
Blogger Sentiment
Bullish
QTTB Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 162.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-83.61%
12-Months-Change
Fundamentals
Return on Equity
-93.26%
Trailing 12-Months
Asset Growth
-25.36%
Trailing 12-Months
Company Description
Q32 Bio
Homology Medicines, Inc. operates as a technology platform to design and develop treatments to address rare diseases at the genetic level. It develops genetic medicines by translating proprietary, next generation gene editing and gene therapy technologies into novel treatments for patients with rare diseases. The company was founded by Saswati Chatterjee in 2015 and is headquartered in Bedford, MA.
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QTTB Stock 12 Month Forecast
Average Price Target
$11.83
▲(360.31% Upside)
Technical Analysis
Alnylam Pharma
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Crispr Therapeutics AG
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Best Analysts Covering QTTB
1 Year
1 Year Success Rate
0/4 ratings generated profit
1 Year Average Return
-82.88%
reiterated a buy rating 2 months ago
Copying Jay Olson's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -82.88% per trade.
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