Currently, there are 239.20M common shares owned by the public and among those 231.12M shares have been available to trade.
The company’s stock has a 5-day price change of 23.30% and -34.28% over the past three months. ARDX shares are trading -17.55% year to date (YTD), with the 12-month market performance down to -46.34% lower. It has a 12-month low price of $3.21 and touched a high of $8.06 over the same period. ARDX has an average intraday trading volume of 5.33 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 -2.08%, -10.48%, and -22.36% respectively.
Institutional ownership of Ardelyx Inc (NASDAQ: ARDX) shares accounts for 68.78% of the company’s 239.20M shares outstanding.
It has a market capitalization of $1.00B and a beta (3y monthly) value of 0.59. The earnings-per-share (ttm) stands at -$0.23. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.77% over the week and 7.32% over the month.
Analysts forecast that Ardelyx Inc (ARDX) will achieve an EPS of -0.14 for the current quarter, -0.09 for the next quarter and 0.07 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.17 while analysts give the company a high EPS estimate of -0.17. Comparatively, EPS for the current quarter was -0.07 a year ago. Earnings per share for the fiscal year are expected to decrease by -123.26%, and 130.01% over the next financial year.
Looking at the support for the ARDX, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on May 02, 2025, with the firm’s price target at $11. BTIG Research was of a view on March 04, 2025 that the stock is Buy, while H.C. Wainwright gave the stock Neutral rating on November 11, 2024, issuing a price target of $11- $5.50. Piper Sandler on their part issued Neutral rating on July 02, 2024.
