Is Twist Bioscience Corp (NASDAQ: TWST) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Twist Bioscience to Report Fiscal 2024 First Quarter Financial Results on Friday, February 2, 2024.

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Stocks Info

TWST belongs to the Healthcare sector of the NASDAQ while operating in the Diagnostics & Research industry. At the end of the last regular session, the stock closed at $35.27 and fluctuated between $35.48 as its day high and $33.81 as its day low. The current market capitalization of Twist Bioscience Corp is $2.04B. A total of 0.95 million shares were traded on the day, compared to an average of 1.24M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, TWST has seen 13 BUY and 12 SELL insider trades, representing the acquisition of 503,123 and the disposition of 26,652 shares. Over the last 12 months, there were 30 BUYs and 85 SELLs from insiders. Insiders purchased 825,272 shares during that period but sold 73,306.

In the most recent transaction, Cho Dennis bought 10,000 shares of TWST for 13.20 per share on May 10. After the transaction, the insider now owns 29,297 company shares. In a previous transaction on Feb 09, Starovasnik Melissa A. sold 1,732 shares at 26.45 per share. TWST shares that Director owns now total 11,340.

Among the insiders who sold shares, JOHANNESSEN JAN disposed of 1,732 shares on Feb 09 at a per-share price of $26.45. This resulted in the Director holding 11,616 shares of TWST after the transaction.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for TWST in the last 3 months, the mean price target is $32.63 with high estimates of $48.00 and low estimates of $19.00. In terms of 52-week highs and lows, TWST has a high of $39.74 and a low of $11.46.

As of this writing, TWST has an earnings estimate of $Toast, Inc. per share for the current quarter. EPS was calculated based on a consensus of Carrols Restaurant Group, Inc. estimates, with a high estimate of $Twist Bioscience Corporation per share and a lower estimate of $Tempest Therapeutics, Inc.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. TWST’s latest balance sheet shows that the firm has $477.86M in Cash & Short Term Investments as of fiscal 2021. There were $62.92M in debt and $63.05M in liabilities at the time. Its Book Value Per Share was $10.83, while its Total Shareholder’s Equity was $580.82M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TWST is Buy with a score of 4.20.

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