Currently, there are 238.02M common shares owned by the public and among those 230.57M shares have been available to trade.
The company’s stock has a 5-day price change of -2.44% and 10.66% over the past three months. ARDX shares are trading 2.37% year to date (YTD), with the 12-month market performance down to -33.72% lower. It has a 12-month low price of $4.32 and touched a high of $9.33 over the same period. ARDX has an average intraday trading volume of 4.12 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.62%, -4.33%, and -8.61% respectively.
Institutional ownership of Ardelyx Inc (NASDAQ: ARDX) shares accounts for 63.54% of the company’s 238.02M shares outstanding.
It has a market capitalization of $1.24B and a beta (3y monthly) value of 0.79. The earnings-per-share (ttm) stands at -$0.17. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.71% over the week and 5.22% over the month.
Analysts forecast that Ardelyx Inc (ARDX) will achieve an EPS of -0.08 for the current quarter, -0.06 for the next quarter and 0.27 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.14 while analysts give the company a high EPS estimate of -0.14. Comparatively, EPS for the current quarter was -0.11 a year ago. Earnings per share for the fiscal year are expected to decrease by -37.08%, and 207.01% over the next financial year.
BTIG Research coverage for the Ardelyx Inc (ARDX) stock in a research note released on March 04, 2025 offered a Buy rating with a price target of $14. H.C. Wainwright was of a view on November 11, 2024 that the stock is Neutral, while Piper Sandler gave the stock Neutral rating on July 02, 2024, issuing a price target of $15- $7. Leerink Partners on their part issued Outperform rating on April 05, 2024.
