Earnings Analysis of: Organovo Holdings, Inc. (ONVO)

Organovo Holdings, Inc. (ONVO) plummeted -0.98 percent and ended the day at $3.03. The Average Volume of the company is 1.28 Million and P/E (price to earnings) ratio is 0, while Forward P/E ratio is 0.

Raymond James Initiated its coverage for Organovo Holdings, Inc. (ONVO) in a note sent to investors on 25-Jan-17. The research firm Initiated the stock to Outperform. Moreover, Cantor Fitzgerald issued Downgrade rating for the stock on 11-Aug-15. Jefferies also Initiated the company to Buy on 29-Jun-15, 2016. Additionally, Piper Jaffray Initiated its ratings on the stock to Overweight.

The stock has a Return on Assets of -55.6 percent, Return on Investment of -62.1 percent and a Return on Equity of -60.2 percent. The company’s market cap is $316.37 Million.

Price Target is an important factor while doing analysis of a stock. According to 5 analysts, Price Target for Organovo Holdings, Inc. (ONVO) may hit a high of $5. The average and low price target for the stock are $4.5 and $4, respectively.

Now we look at the Moving Averages, the 200-day is -14.72, the 50-day is -5.26 and the 20-day is 0.3. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.

Looking forward, the company is expected to report earnings of $-0.1 per share for the current quarter. Revenue is expected in between 1.1 Million and 600 Million with an average of 830 Million.

When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 1. Out of 5 brokerage recommendations, 2 gave a Strong Buy, 3 issued a Buy, 0 issued Hold, 0 rated Under-perform and 0 issued a Sell.

Organovo Holdings, Inc. (ONVO) performance during the last one year Improved 38.36 percent, while its year to date (YTD) performance showed a Negative trend of -10.62 percent. The stock Fell -20.26 percent over the past six months. The stock’s quarterly performance indicates a Negative momentum of -17.21 percent, whereas its last one month trend is Optimistic with 3.77 percent. Its weekly performance showed a upward trend of 0 percent.

Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 0 percent, operating profit margin was 0 percent, whereas gross profit margin stands at 80.5 percent. Beta factor was calculated at 1.23.

Organovo Holdings, Inc. (ONVO) has 104.42 Million shares outstanding and 96.92 Million shares were floated in market. The short ratio in the company’s stock is documented at 10.61 and the short float is around of 14.05%. The stock’s average true range of stands at 0.13, while the relative strength index is 44.49.

Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 16.1, current ratio was 16.2, LT Debt/Equity ratio was 0 and Total Debt/Equity ratio was 0.