Nurix Therapeutics Stock Analysis
NRIX Stock | USD 21.23 0.56 2.57% |
Nurix Therapeutics is undervalued with Real Value of 24.85 and Target Price of 26.75. The main objective of Nurix Therapeutics stock analysis is to determine its intrinsic value, which is an estimate of what Nurix Therapeutics is worth, separate from its market price. There are two main types of Nurix Therapeutics' stock analysis: fundamental analysis and technical analysis.
The Nurix Therapeutics stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Nurix Therapeutics is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Nurix Stock trading window is adjusted to America/New York timezone.
Nurix |
Nurix Stock Analysis Notes
About 98.0% of the company shares are owned by institutional investors. The book value of Nurix Therapeutics was now reported as 5.62. The company recorded a loss per share of 2.9. Nurix Therapeutics had not issued any dividends in recent years. Nurix Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of small molecule therapies for the treatment of cancer and immune disorders. The company was incorporated in 2009 and is headquartered in San Francisco, California. Nurix Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 242 people. To find out more about Nurix Therapeutics contact the company at 415 660 5320 or learn more at https://www.nurixtx.com.Nurix Therapeutics Quarterly Total Revenue |
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Nurix Therapeutics Investment Alerts
Nurix Therapeutics generated a negative expected return over the last 90 days | |
Nurix Therapeutics has high historical volatility and very poor performance | |
The company reported the previous year's revenue of 76.99 M. Net Loss for the year was (143.95 M) with loss before overhead, payroll, taxes, and interest of (145.87 M). | |
Nurix Therapeutics currently holds about 344.48 M in cash with (81.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.31. | |
Over 98.0% of the company shares are owned by institutional investors | |
Latest headline from gurufocus.com: Nurix Therapeutics to Participate in the Piper Sandler 36th Annual Healthcare Conference |
Nurix Therapeutics Upcoming and Recent Events
Earnings reports are used by Nurix Therapeutics to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
8th of February 2024 Upcoming Quarterly Report | View | |
11th of April 2024 Next Financial Report | View | |
30th of November 2023 Next Fiscal Quarter End | View | |
8th of February 2024 Next Fiscal Year End | View | |
31st of August 2023 Last Quarter Report | View | |
30th of November 2022 Last Financial Announcement | View |
Nurix Largest EPS Surprises
Earnings surprises can significantly impact Nurix Therapeutics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2021-07-13 | 2021-05-31 | -0.54 | -0.6 | -0.06 | 11 | ||
2024-07-11 | 2024-05-31 | -0.63 | -0.71 | -0.08 | 12 | ||
2023-10-12 | 2023-08-31 | -0.76 | -0.68 | 0.08 | 10 |
Nurix Therapeutics Environmental, Social, and Governance (ESG) Scores
Nurix Therapeutics' ESG score is a quantitative measure that evaluates Nurix Therapeutics' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Nurix Therapeutics' operations that may have significant financial implications and affect Nurix Therapeutics' stock price as well as guide investors towards more socially responsible investments.
Nurix Stock Institutional Investors
Shares | Soleus Capital Management, L.p. | 2024-06-30 | 2.1 M | Commodore Capital Lp | 2024-09-30 | 1.6 M | Citadel Advisors Llc | 2024-09-30 | 1.5 M | Geode Capital Management, Llc | 2024-09-30 | 1.4 M | Driehaus Capital Management Llc | 2024-06-30 | 1.3 M | Pictet Asset Manangement Sa | 2024-06-30 | 1.2 M | Candriam Luxembourg S.c.a. | 2024-06-30 | 1.2 M | Deutsche Bank Ag | 2024-06-30 | 1 M | Nuveen Asset Management, Llc | 2024-06-30 | 981.2 K | Blackrock Inc | 2024-06-30 | 6.8 M | Redmile Group, Llc | 2024-09-30 | 4.3 M |
Nurix Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.5 B.Nurix Profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.47) | (0.49) | |
Return On Capital Employed | (0.52) | (0.55) | |
Return On Assets | (0.47) | (0.49) | |
Return On Equity | (0.83) | (0.78) |
Management Efficiency
Nurix Therapeutics has return on total asset (ROA) of (0.2946) % which means that it has lost $0.2946 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5796) %, meaning that it created substantial loss on money invested by shareholders. Nurix Therapeutics' management efficiency ratios could be used to measure how well Nurix Therapeutics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.49 in 2024. Return On Capital Employed is likely to drop to -0.55 in 2024. At this time, Nurix Therapeutics' Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 5.7 M in 2024, whereas Total Assets are likely to drop slightly above 318.1 M in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 3.32 | 4.35 | |
Tangible Book Value Per Share | 3.32 | 4.38 | |
Enterprise Value Over EBITDA | (2.00) | (2.10) | |
Price Book Value Ratio | 1.52 | 1.59 | |
Enterprise Value Multiple | (2.00) | (2.10) | |
Price Fair Value | 1.52 | 1.59 | |
Enterprise Value | 282.6 M | 475.4 M |
The operational strategies employed by Nurix Therapeutics management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Operating Margin (4.34) | Beta 2.2 | Return On Assets (0.29) | Return On Equity (0.58) |
Technical Drivers
As of the 28th of November, Nurix Therapeutics secures the Risk Adjusted Performance of (0.03), mean deviation of 2.39, and Standard Deviation of 3.38. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nurix Therapeutics, as well as the relationship between them.Nurix Therapeutics Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nurix Therapeutics middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nurix Therapeutics. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nurix Therapeutics Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nurix Therapeutics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nurix Therapeutics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nurix Therapeutics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Nurix Therapeutics Outstanding Bonds
Nurix Therapeutics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nurix Therapeutics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nurix bonds can be classified according to their maturity, which is the date when Nurix Therapeutics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Boeing Co 2196 Corp BondUS097023DG73 | View | |
MPLX LP 52 Corp BondUS55336VAL45 | View | |
US67080LAA35 Corp BondUS67080LAA35 | View |
Nurix Therapeutics Predictive Daily Indicators
Nurix Therapeutics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nurix Therapeutics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Nurix Therapeutics Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 7th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 4th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 1st of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
31st of October 2024 Other Reports | ViewVerify | |
F4 | 30th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 16th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Nurix Therapeutics Forecast Models
Nurix Therapeutics' time-series forecasting models are one of many Nurix Therapeutics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nurix Therapeutics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Nurix Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Nurix Therapeutics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nurix shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nurix Therapeutics. By using and applying Nurix Stock analysis, traders can create a robust methodology for identifying Nurix entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (2.15) | (2.26) | |
Operating Profit Margin | (2.32) | (2.43) | |
Net Loss | (2.15) | (2.26) | |
Gross Profit Margin | (1.31) | (1.25) |
Current Nurix Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nurix analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nurix analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
26.75 | Strong Buy | 15 | Odds |
Most Nurix analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nurix stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nurix Therapeutics, talking to its executives and customers, or listening to Nurix conference calls.
Nurix Stock Analysis Indicators
Nurix Therapeutics stock analysis indicators help investors evaluate how Nurix Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Nurix Therapeutics shares will generate the highest return on investment. By understating and applying Nurix Therapeutics stock analysis, traders can identify Nurix Therapeutics position entry and exit signals to maximize returns.
Begin Period Cash Flow | 65.4 M | |
Common Stock Shares Outstanding | 54.3 M | |
Total Stockholder Equity | 200.5 M | |
Property Plant And Equipment Net | 48 M | |
Cash And Short Term Investments | 287.9 M | |
Cash | 54.6 M | |
Accounts Payable | 6.4 M | |
Net Debt | -24 M | |
50 Day M A | 24.2412 | |
Total Current Liabilities | 87 M | |
Other Operating Expenses | 232.1 M | |
Non Current Assets Total | 60.1 M | |
Non Currrent Assets Other | 4.7 M | |
Stock Based Compensation | 33.7 M |
Additional Tools for Nurix Stock Analysis
When running Nurix Therapeutics' price analysis, check to measure Nurix Therapeutics' 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 Nurix Therapeutics is operating at the current time. Most of Nurix Therapeutics' value examination focuses on studying past and present price action to predict the probability of Nurix Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nurix Therapeutics' price. Additionally, you may evaluate how the addition of Nurix Therapeutics to your portfolios can decrease your overall portfolio volatility.