NASDAQ:AVRO Avrobio Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Avrobio Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $16.00 -0.43 (-2.62 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$15.70Now: $16.00▼$16.7050-Day Range$15.01MA: $16.75▼$18.0252-Week Range$9.76Now: $16.00▼$29.32Volume591,441 shsAverage Volume301,570 shsMarket Capitalization$583.09 millionP/E RatioN/ADividend YieldN/ABeta1.59 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media AVROBIO, Inc., a clinical-stage gene therapy company, focuses on developing ex vivo lentiviral-based gene therapies to treat rare diseases following a single dose in the United States. Its gene therapies employ hematopoietic stem cells that are collected from patients and modified with a lentiviral vector to insert functional copies of the gene, which is defective in the target disease. The company's lead product candidate is AVR-RD-01, which is in ongoing Phase II clinical trial and investigator-sponsored Phase I clinical trial for the treatment of Fabry disease. It is also developing AVR-RD-02 that has completed pre-clinical trials for the treatment of type 1 Gaucher disease; AVR-RD-03, which is in preclinical development to treat Pompe disease; and AVR-RD-04 that has completed pre-clinical studies for treating cystinosis. The company was founded in 2015 and is headquartered in Cambridge, Massachusetts.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingAvrobio has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $31.80, Avrobio has a forecasted upside of 98.8% from its current price of $16.00.Amount of Analyst CoverageAvrobio has only been the subject of 3 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesAvrobio has received 145 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAvrobio has received 111 “underperform” votes. (Add your “underperform” vote.)Community SentimentAvrobio has received 56.64% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Avrobio and other stocks. Vote “Outperform” if you believe AVRO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AVRO will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldAvrobio does not currently pay a dividend.Dividend GrowthAvrobio does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Avrobio insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.78% of the stock of Avrobio is held by insiders.Percentage Held by Institutions85.36% of the stock of Avrobio is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Avrobio are expected to grow in the coming year, from ($3.21) to ($3.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Avrobio is -5.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Avrobio is -5.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAvrobio has a P/B Ratio of 2.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.57 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:AVRO Previous Symbol CUSIPN/A CIKN/A Webwww.avrobio.com Phone617-914-8420Debt Debt-to-Equity RatioN/A Current Ratio16.29 Quick Ratio16.29Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$5.87 per share Price / Book2.73Profitability EPS (Most Recent Fiscal Year)($2.66) Net Income$-72,960,000.00 Net MarginsN/A Return on Equity-42.56% Return on Assets-40.13%Miscellaneous Employees49 Outstanding Shares36,443,000Market Cap$583.09 million Next Earnings Date11/5/2020 (Estimated) OptionableNot Optionable $16.00 -0.43 (-2.62 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive AVRO News and Ratings via Email Sign-up to receive the latest news and ratings for AVRO and its competitors with MarketBeat's FREE daily newsletter. Avrobio (NASDAQ:AVRO) Frequently Asked Questions How has Avrobio's stock been impacted by Coronavirus? Avrobio's stock was trading at $18.02 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AVRO stock has decreased by 11.2% and is now trading at $16.00. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Avrobio? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avrobio in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Avrobio. When is Avrobio's next earnings date? Avrobio is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for Avrobio. How were Avrobio's earnings last quarter? Avrobio Inc (NASDAQ:AVRO) posted its quarterly earnings results on Thursday, August, 6th. The company reported ($0.80) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.76) by $0.04. View Avrobio's earnings history. What price target have analysts set for AVRO? 7 brokerages have issued 12-month target prices for Avrobio's stock. Their forecasts range from $13.00 to $40.00. On average, they expect Avrobio's stock price to reach $31.80 in the next twelve months. This suggests a possible upside of 98.8% from the stock's current price. View analysts' price targets for Avrobio. Who are some of Avrobio's key competitors? Some companies that are related to Avrobio include Sorrento Therapeutics (SRNE), Editas Medicine (EDIT), SpringWorks Therapeutics (SWTX), Mesoblast (MESO), Revolution Medicines (RVMD), BAVARIAN NORDIC/S (BVNRY), Forma Therapeutics (FMTX), NanoString Technologies (NSTG), Cortexyme (CRTX), Sangamo Therapeutics (SGMO), Beam Therapeutics (BEAM), Coherus Biosciences (CHRS), Adaptimmune Therapeutics (ADAP), Compugen (CGEN) and Atara Biotherapeutics (ATRA). View all competitors. What other stocks do shareholders of Avrobio own? Based on aggregate information from My MarketBeat watchlists, some companies that other Avrobio investors own include Amarin (AMRN), Crispr Therapeutics (CRSP), ImmunoGen (IMGN), Myovant Sciences (MYOV), Nabriva Therapeutics (NBRV), Selecta Biosciences (SELB), Sorrento Therapeutics (SRNE), Aduro BioTech (ADRO), Agile Therapeutics (AGRX) and Axsome Therapeutics (AXSM). Who are Avrobio's key executives? Avrobio's management team includes the following people: Mr. Geoff MacKay, Co- Founder, Pres, CEO & Director (Age 53)Mr. Steven N. Avruch, VP, Gen. Counsel & Sec. (Age 58)Mr. Jeffrey Medin Ph.D., Scientific FounderMr. Erik Ostrowski, CFO & Treasurer (Age 46)Dr. Kim Warren, Head of Operations When did Avrobio IPO? (AVRO) raised $75 million in an IPO on Thursday, June 21st 2018. The company issued 4,400,000 shares at a price of $16.00-$18.00 per share. Morgan Stanley, Cowen and Wells Fargo Securities acted as the underwriters for the IPO and Wedbush Securities was co-manager. What is Avrobio's stock symbol? Avrobio trades on the NASDAQ under the ticker symbol "AVRO." Who are Avrobio's major shareholders? Avrobio's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.14%), Emerald Advisers LLC (2.31%), Orbimed Advisors LLC (2.18%), Emerald Mutual Fund Advisers Trust (2.08%), Bank of New York Mellon Corp (2.02%) and Holocene Advisors LP (1.83%). Company insiders that own Avrobio stock include Bruce Booth, Christopher Paige and Geoffrey Mackay. View institutional ownership trends for Avrobio. Which institutional investors are selling Avrobio stock? AVRO stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, and State of Wisconsin Investment Board. Company insiders that have sold Avrobio company stock in the last year include Christopher Paige, and Geoffrey Mackay. View insider buying and selling activity for Avrobio. Which institutional investors are buying Avrobio stock? AVRO stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Senator Investment Group LP, Federated Hermes Inc., Goldman Sachs Group Inc., Holocene Advisors LP, Orbimed Advisors LLC, Vanguard Group Inc., and Tekla Capital Management LLC. View insider buying and selling activity for Avrobio. How do I buy shares of Avrobio? Shares of AVRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Avrobio's stock price today? One share of AVRO stock can currently be purchased for approximately $16.00. How big of a company is Avrobio? Avrobio has a market capitalization of $583.09 million. The company earns $-72,960,000.00 in net income (profit) each year or ($2.66) on an earnings per share basis. Avrobio employs 49 workers across the globe. What is Avrobio's official website? The official website for Avrobio is www.avrobio.com. How can I contact Avrobio? Avrobio's mailing address is ONE KENDALL SQUARE BUILDING 300 SUITE 201, CAMBRIDGE MA, 02139. The company can be reached via phone at 617-914-8420 or via email at [email protected] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
