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NASDAQ:RKDA

Arcadia Biosciences (RKDA) Stock Price, News & Analysis

$3.07
+0.14 (+4.78%)
(As of 12:39 PM ET)
Today's Range
$2.91
$3.07
50-Day Range
$1.89
$3.27
52-Week Range
$1.85
$5.60
Volume
8,180 shs
Average Volume
26,506 shs
Market Capitalization
$4.18 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

Arcadia Biosciences MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
3.50 Rating Score
Upside/​Downside
95.4% Upside
$6.00 Price Target
Short Interest
Healthy
0.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.75mentions of Arcadia Biosciences in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.29) to ($0.43) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.39 out of 5 stars

RKDA stock logo

About Arcadia Biosciences Stock (NASDAQ:RKDA)

Arcadia Biosciences, Inc. produces and markets plant-based food and beverage products in the United States. The company develops crop improvements primarily in wheat to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients. Its food, beverage, and body case products include GoodWheat, Zola coconut water, ProVault topical pain relief, and SoulSpring. The company was incorporated in 2002 and is headquartered in Dallas, Texas.

RKDA Stock Price History

RKDA Stock News Headlines

Q4 2023 Arcadia Biosciences Inc Earnings Call
Arcadia Biosciences: Q4 Earnings Snapshot
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Company Calendar

Last Earnings
5/09/2024
Today
5/28/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Agricultural production - crops
Sub-Industry
N/A
Current Symbol
NASDAQ:RKDA
Employees
21
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$6.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+95.4%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$-13,980,000.00
Net Margins
-129.74%
Pretax Margin
-117.85%

Debt

Sales & Book Value

Annual Sales
$5.33 million
Book Value
$11.44 per share

Miscellaneous

Free Float
1,338,000
Market Cap
$4.18 million
Optionable
Not Optionable
Beta
0.62
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RKDA Stock Analysis - Frequently Asked Questions

Should I buy or sell Arcadia Biosciences stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arcadia Biosciences in the last twelve months. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "strong buy" RKDA shares.
View RKDA analyst ratings
or view top-rated stocks.

What is Arcadia Biosciences' stock price target for 2024?

2 brokerages have issued 12 month price targets for Arcadia Biosciences' shares. Their RKDA share price targets range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 95.4% from the stock's current price.
View analysts price targets for RKDA
or view top-rated stocks among Wall Street analysts.

How have RKDA shares performed in 2024?

Arcadia Biosciences' stock was trading at $3.13 at the beginning of the year. Since then, RKDA shares have decreased by 1.9% and is now trading at $3.07.
View the best growth stocks for 2024 here
.

Are investors shorting Arcadia Biosciences?

Arcadia Biosciences saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 5,300 shares, a decline of 50.5% from the April 30th total of 10,700 shares. Based on an average daily trading volume, of 30,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.9% of the shares of the stock are short sold.
View Arcadia Biosciences' Short Interest
.

When is Arcadia Biosciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our RKDA earnings forecast
.

How were Arcadia Biosciences' earnings last quarter?

Arcadia Biosciences, Inc. (NASDAQ:RKDA) released its quarterly earnings results on Thursday, May, 9th. The basic materials company reported ($1.78) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.52) by $0.74. The basic materials company had revenue of $1.26 million for the quarter, compared to analysts' expectations of $1.20 million. Arcadia Biosciences had a negative trailing twelve-month return on equity of 84.27% and a negative net margin of 129.74%. During the same quarter in the previous year, the company posted ($3.83) earnings per share.

When did Arcadia Biosciences' stock split?

Arcadia Biosciences shares reverse split on the morning of Wednesday, January 24th 2018. The 1-20 reverse split was announced on Tuesday, January 23rd 2018. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, January 23rd 2018. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What is Matthew Plavan's approval rating as Arcadia Biosciences' CEO?

1 employees have rated Arcadia Biosciences Chief Executive Officer Matthew Plavan on Glassdoor.com. Matthew Plavan has an approval rating of -100% among the company's employees. This puts Matthew Plavan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Arcadia Biosciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Arcadia Biosciences investors own include Bionano Genomics (BNGO), ADMA Biologics (ADMA), Zosano Pharma (ZSAN), Matinas BioPharma (MTNB), Organigram (OGI), Pennsylvania Real Estate Investment Trust (PEI), Novan (NOVN), CNBX Pharmaceuticals (CNBX) and Enerplus (ERF).

When did Arcadia Biosciences IPO?

Arcadia Biosciences (RKDA) raised $66 million in an initial public offering on Friday, May 15th 2015. The company issued 8,200,000 shares at a price of $8.00 per share. Credit Suisse, J.P. Morgan and Piper Jaffray served as the underwriters for the IPO.

How do I buy shares of Arcadia Biosciences?

Shares of RKDA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RKDA) was last updated on 5/28/2024 by MarketBeat.com Staff

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