Editas Medicine Stock Shares Outstanding
EDIT Stock | USD 2.24 0.04 1.82% |
Editas Medicine fundamentals help investors to digest information that contributes to Editas Medicine's financial success or failures. It also enables traders to predict the movement of Editas Stock. The fundamental analysis module provides a way to measure Editas Medicine's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Editas Medicine stock.
Common Stock Shares Outstanding is likely to drop to about 49.3 M in 2024. Editas | Shares Outstanding |
Editas Medicine Company Shares Outstanding Analysis
Editas Medicine's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Editas Medicine Shares Outstanding | 82.55 M |
Most of Editas Medicine's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Editas Medicine is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Editas Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Editas Medicine is extremely important. It helps to project a fair market value of Editas Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Editas Medicine's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Editas Medicine's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Editas Medicine's interrelated accounts and indicators.
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Editas Shares Outstanding Historical Pattern
Today, most investors in Editas Medicine Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Editas Medicine's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Editas Medicine shares outstanding as a starting point in their analysis.
Editas Medicine Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Editas Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Editas Medicine has 82.55 M of shares currently outstending. This is 54.28% lower than that of the Biotechnology sector and 22.75% lower than that of the Health Care industry. The shares outstanding for all United States stocks is 85.56% higher than that of the company.
Editas Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Editas Medicine's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Editas Medicine could also be used in its relative valuation, which is a method of valuing Editas Medicine by comparing valuation metrics of similar companies.Editas Medicine is currently under evaluation in shares outstanding category among its peers.
Editas Medicine Current Valuation Drivers
We derive many important indicators used in calculating different scores of Editas Medicine from analyzing Editas Medicine's financial statements. These drivers represent accounts that assess Editas Medicine's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Editas Medicine's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.5B | 4.1B | 1.8B | 609.1M | 769.5M | 1.0B | |
Enterprise Value | 1.3B | 4.0B | 1.6B | 511.5M | 682.4M | 921.9M |
Editas Medicine ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Editas Medicine's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Editas Medicine's managers, analysts, and investors.Environmental | Governance | Social |
Editas Fundamentals
Return On Equity | -0.79 | ||||
Return On Asset | -0.34 | ||||
Current Valuation | (44.99 M) | ||||
Shares Outstanding | 82.55 M | ||||
Shares Owned By Insiders | 0.32 % | ||||
Shares Owned By Institutions | 70.13 % | ||||
Number Of Shares Shorted | 15.91 M | ||||
Price To Earning | (7.02) X | ||||
Price To Book | 1.03 X | ||||
Price To Sales | 2.94 X | ||||
Revenue | 78.12 M | ||||
Gross Profit | (155.25 M) | ||||
EBITDA | (163.12 M) | ||||
Net Income | (153.22 M) | ||||
Cash And Equivalents | 452.56 M | ||||
Cash Per Share | 6.59 X | ||||
Total Debt | 36.54 M | ||||
Debt To Equity | 0.04 % | ||||
Current Ratio | 12.67 X | ||||
Book Value Per Share | 2.13 X | ||||
Cash Flow From Operations | (132.18 M) | ||||
Short Ratio | 7.61 X | ||||
Earnings Per Share | (2.54) X | ||||
Target Price | 8.21 | ||||
Number Of Employees | 265 | ||||
Beta | 2.01 | ||||
Market Capitalization | 181.61 M | ||||
Total Asset | 499.15 M | ||||
Retained Earnings | (1.23 B) | ||||
Working Capital | 277.61 M | ||||
Current Asset | 144.99 M | ||||
Current Liabilities | 6.92 M | ||||
Net Asset | 499.15 M |
About Editas Medicine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Editas Medicine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Editas Medicine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Editas Medicine based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Editas Stock Analysis
When running Editas Medicine's price analysis, check to measure Editas Medicine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Editas Medicine is operating at the current time. Most of Editas Medicine's value examination focuses on studying past and present price action to predict the probability of Editas Medicine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Editas Medicine's price. Additionally, you may evaluate how the addition of Editas Medicine to your portfolios can decrease your overall portfolio volatility.