NASDAQ:GRTS Gritstone bio - GRTS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Gritstone bio, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $3.16 -0.02 (-0.63%) (As of 02/7/2023 09:26 AM ET) Add Compare Share Share Today's Range$3.16▼$3.1950-Day Range$2.58▼$3.9252-Week Range$1.71▼$6.10Volume3,603 shsAverage Volume692,320 shsMarket Capitalization$263.45 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Gritstone bio MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside57.2% Upside$5.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.36) to ($1.29) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.59 out of 5 starsMedical Sector837th out of 1,027 stocksBiological Products, Except Diagnostic Industry135th out of 169 stocks 3.2 Analyst's Opinion Consensus RatingGritstone bio has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, Gritstone bio has a forecasted upside of 57.2% from its current price of $3.18.Amount of Analyst CoverageGritstone bio has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for GRTS. Previous Next 0.0 Dividend Strength Dividend YieldGritstone bio does not currently pay a dividend.Dividend GrowthGritstone bio does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GRTS. Previous Next 1.1 News and Social Media Coverage Search Interest8 people have searched for GRTS on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.MarketBeat Follows2 people have added Gritstone bio to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gritstone bio insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.47% of the stock of Gritstone bio is held by insiders.Percentage Held by Institutions48.06% of the stock of Gritstone bio 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 Gritstone bio are expected to grow in the coming year, from ($1.36) to ($1.29) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gritstone bio is -2.29, 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 Gritstone bio is -2.29, 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 RatioGritstone bio has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Gritstone bio (NASDAQ:GRTS) StockGritstone bio, Inc. clinical-stage biotechnology company, which engages in developing the next generation of cancer immunotherapies to fight multiple cancer types. The company was founded by Andrew Allen, Timothy Chan, Mark Cobbold, Graham Lord, Naiyer Rizvi and Jean-Charles Soria in August 2015 and is headquartered in Emeryville, CA.Read More Receive GRTS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gritstone bio and its competitors with MarketBeat's FREE daily newsletter. Email Address GRTS Stock News HeadlinesJanuary 25, 2023 | finance.yahoo.comInvestors in Gritstone bio (NASDAQ:GRTS) have unfortunately lost 66% over the last three yearsJanuary 24, 2023 | finance.yahoo.comGritstone bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)February 7, 2023 | Investing Trends (Ad)GRAPHITE: "Essential for America's National Defense"Did you know each EV battery contains up to 220 pounds of graphite and China controls more than 90% of the world's graphite trade? But now that the U.S. has classified it as "essential for America's National Defense"... one little-known company could become America's ONLY fully integrated graphite provider. January 22, 2023 | seekingalpha.comGritstone bio (GRTS) Presents at the 41st Annual J.P. Morgan Healthcare Conference - SlideshowJanuary 18, 2023 | finance.yahoo.comGritstone bio to Participate in Upcoming Investor ConferencesJanuary 2, 2023 | seekingalpha.comGritstone bio: Keep An Eye On This Discounted Cancer Vaccine Developer In 2023December 15, 2022 | finance.yahoo.comGritstone bio to Present at 41st Annual J.P. Morgan Healthcare ConferenceDecember 13, 2022 | msn.comPositive Moderna, Merck cancer vaccine data advances mRNA promise, shares riseFebruary 7, 2023 | Investing Trends (Ad)Solar Industry at Start of Long Bull Run?The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.December 13, 2022 | marketwatch.comGritstone Shares Jump Over 14% on mRNA Patent NewsDecember 13, 2022 | msn.comGritstone bio rallies after U.S. patent win for mRNA-based vaccine techDecember 13, 2022 | finance.yahoo.comGritstone bio Granted Two New U.S. Patents for Self-amplifying mRNA (samRNA)December 5, 2022 | finance.yahoo.comPredictive Oncology Appoints Leading Biopharma Executive Matthew J. Hawryluk Ph.D. to the Board of DirectorsDecember 5, 2022 | finance.yahoo.comPredictive Oncology Appoints Leading Biopharma Executive Matthew J. Hawryluk Ph.D. to the Board of DirectorsNovember 17, 2022 | finance.yahoo.comGritstone to Participate in Upcoming Investor ConferencesNovember 10, 2022 | finance.yahoo.comGritstone Announces Updated Overall Survival Results from GRANITE Phase 1/2 Study and Poster at SITC 2022November 4, 2022 | apnews.comGritstone Reports Third Quarter 2022 Financial Results and Provides Business UpdateOctober 26, 2022 | finance.yahoo.comGritstone bio Inc. (GRTS) Expected to Beat Earnings Estimates: Should You Buy?October 19, 2022 | finance.yahoo.comGritstone bio, Inc.'s (NASDAQ:GRTS) largest shareholders are individual investors with 48% ownership, institutions own 32%September 26, 2022 | seekingalpha.comGritstone bio: Early Data For SLATE Candidate Sets Up 2023 CatalystSeptember 20, 2022 | finance.yahoo.comGritstone bio, Inc. (GRTS)September 12, 2022 | seekingalpha.comGritstone vaccine-based immunotherapies show promise versus solid tumors in trialSeptember 12, 2022 | finance.yahoo.comGritstone Presents Positive Initial Phase 2 Data in Late-Line Solid Tumor Patients Treated With KRAS-Directed Immunotherapy (SLATE) at ESMO 2022September 1, 2022 | finance.yahoo.comGritstone to Participate in Two Upcoming Investor ConferencesAugust 22, 2022 | seekingalpha.comGritstone bio sheds 14% as Goldman Sachs cuts to sell on liquidity issuesAugust 16, 2022 | finance.yahoo.comGritstone's Cancer Drug Shows Strong Tumor-Specific Responses In Various SettingsAugust 15, 2022 | finance.yahoo.comNature Medicine Publishes Interim Results from Gritstone bio’s Phase 1/2 Study of GRANITE, Individualized Neoantigen Vaccine for Solid TumorsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GRTS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gritstone bio and its competitors with MarketBeat's FREE daily newsletter. Email Address GRTS Company Calendar Last Earnings11/02/2021Today2/07/2023Next Earnings (Estimated)3/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:GRTS CUSIPN/A CIK1656634 Webwww.gritstoneoncology.com Phone(510) 871-6100FaxN/AEmployees193Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.00 High Stock Price Forecast$7.00 Low Stock Price Forecast$2.00 Forecasted Upside/Downside+58.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.39) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-75,080,000.00 Net Margins-630.32% Pretax Margin-630.32% Return on Equity-67.00% Return on Assets-50.24% Debt Debt-to-Equity Ratio0.14 Current Ratio4.75 Quick Ratio4.75 Sales & Book Value Annual Sales$48.21 million Price / Sales5.46 Cash FlowN/A Price / Cash FlowN/A Book Value$3.18 per share Price / Book0.99Miscellaneous Outstanding Shares83,370,000Free Float79,640,000Market Cap$263.45 million OptionableNot Optionable Beta0.47 Key ExecutivesAndrew R. AllenPresident, Chief Executive Officer & DirectorErin E. JonesChief Operating Officer & Executive Vice PresidentVassiliki Celia EconomidesChief Financial Officer & Executive Vice PresidentKarin JoossExecutive VP & Head-Research & DevelopmentMatthew J. HawrylukChief Business Officer & Executive Vice PresidentKey CompetitorsAcumen PharmaceuticalsNASDAQ:ABOSFennec PharmaceuticalsNASDAQ:FENCProKidneyNASDAQ:PROKCentury TherapeuticsNASDAQ:IPSCInnate PharmaNASDAQ:IPHAView All CompetitorsInsiders & InstitutionsFrazier Life Sciences Management L.P.Sold 75,000 shares on 2/3/2023Ownership: 6.192%Simplex Trading LLCSold 7,400 shares on 2/2/2023Ownership: 0.000%SkyOak Wealth LLCSold 3,563 shares on 1/26/2023Ownership: 0.155%Assenagon Asset Management S.A.Bought 1,181,630 shares on 1/12/2023Ownership: 2.334%Jane Street Group LLCBought 11,756 shares on 11/16/2022Ownership: 0.066%View All Institutional Transactions GRTS Stock - Frequently Asked Questions Should I buy or sell Gritstone bio stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gritstone bio in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" GRTS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GRTS, but not buy additional shares or sell existing shares. View GRTS analyst ratings or view top-rated stocks. What is Gritstone bio's stock price forecast for 2023? 3 brokers have issued twelve-month target prices for Gritstone bio's shares. Their GRTS share price forecasts range from $2.00 to $7.00. On average, they expect the company's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 57.2% from the stock's current price. View analysts price targets for GRTS or view top-rated stocks among Wall Street analysts. How have GRTS shares performed in 2023? Gritstone bio's stock was trading at $3.45 at the beginning of the year. Since then, GRTS shares have decreased by 7.8% and is now trading at $3.18. View the best growth stocks for 2023 here. When is Gritstone bio's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023. View our GRTS earnings forecast. How were Gritstone bio's earnings last quarter? Gritstone bio, Inc. (NASDAQ:GRTS) released its quarterly earnings results on Tuesday, November, 2nd. The company reported ($0.36) earnings per share for the quarter, topping analysts' consensus estimates of ($0.52) by $0.16. The firm earned $2.61 million during the quarter, compared to analysts' expectations of $3 million. Gritstone bio had a negative trailing twelve-month return on equity of 67.00% and a negative net margin of 630.32%. What is Andrew Allen's approval rating as Gritstone bio's CEO? 1 employees have rated Gritstone bio Chief Executive Officer Andrew Allen on Glassdoor.com. Andrew Allen has an approval rating of 100% among the company's employees. This puts Andrew Allen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Gritstone bio own? Based on aggregate information from My MarketBeat watchlists, some companies that other Gritstone bio investors own include ADMA Biologics (ADMA), Bionano Genomics (BNGO), Matinas BioPharma (MTNB), Novan (NOVN), Sorrento Therapeutics (SRNE), Zosano Pharma (ZSAN), Enerplus (ERF), Oncolytics Biotech (ONCY), SCYNEXIS (SCYX) and CBL & Associates Properties (CBL). When did Gritstone bio IPO? (GRTS) raised $85 million in an initial public offering on Friday, September 28th 2018. The company issued 6,100,000 shares at $13.00-$15.00 per share. Goldman Sachs, Cowen and Barclays acted as the underwriters for the IPO and BTIG was co-manager. What is Gritstone bio's stock symbol? Gritstone bio trades on the NASDAQ under the ticker symbol "GRTS." Who are Gritstone bio's major shareholders? Gritstone bio's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Frazier Life Sciences Management L.P. (6.19%), Assenagon Asset Management S.A. (2.33%), SkyOak Wealth LLC (0.16%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Erin Jones and Raphael Rousseau. View institutional ownership trends. How do I buy shares of Gritstone bio? Shares of GRTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Gritstone bio's stock price today? One share of GRTS stock can currently be purchased for approximately $3.18. How much money does Gritstone bio make? Gritstone bio (NASDAQ:GRTS) has a market capitalization of $265.12 million and generates $48.21 million in revenue each year. The company earns $-75,080,000.00 in net income (profit) each year or ($1.39) on an earnings per share basis. How many employees does Gritstone bio have? The company employs 193 workers across the globe. How can I contact Gritstone bio? Gritstone bio's mailing address is 5858 HORTON STREET SUITE 210, EMERYVILLE CA, 94608. The official website for the company is www.gritstoneoncology.com. The company can be reached via phone at (510) 871-6100 or via email at ir@gritstone.com. This page (NASDAQ:GRTS) was last updated on 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. 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