NASDAQ:RKDA - Arcadia Biosciences Stock Price, Forecast & 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 Arcadia Biosciences Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.42 -0.24 (-5.15 %) (As of 02/27/2020 07:55 AM ET) Add Compare Today's Range$4.38Now: $4.42▼$4.7350-Day Range$4.42MA: $4.99▼$5.5952-Week Range$1.82Now: $4.42▼$10.40Volume177,151 shsAverage Volume334,906 shsMarket Capitalization$38.23 millionP/E RatioN/ADividend YieldN/ABeta-2.92 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Arcadia Biosciences, Inc, an agricultural food ingredient company, develops and commercializes health and nutrition ingredient traits worldwide. The company offers a suite of agricultural productivity traits, including nitrogen use efficiency, water use efficiency and drought tolerance, salinity tolerance, and herbicide tolerance traits. It also provides nutritional oils comprising gamma linolenic acid safflower oil to manufacturers of dietary and nutritional supplements, medical foods, dog food, and other products under the SONOVA brand; and arachidonic acid safflower oil that is used as an ingredient in infant nutrition products. Read More… Industry, Sector and Symbol Stock Exchange NASDAQ Industry Agricultural chemicals Sub-IndustryN/A SectorBasic Materials Current SymbolNASDAQ:RKDA Previous Symbol CUSIPN/A CIK1469443 Webhttp://www.arcadiabio.com/ Phone530-756-7077Debt Debt-to-Equity Ratio0.11 Current Ratio5.58 Quick Ratio5.27Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.46 million Price / Sales26.19 Cash FlowN/A Price / Cash FlowN/A Book Value$2.68 per share Price / Book1.65Profitability EPS (Most Recent Fiscal Year)($5.35) Net Income$-13,480,000.00 Net Margins-1,938.76% Return on Equity-198.10% Return on Assets-65.60%Miscellaneous Employees44 Outstanding Shares8,650,000Market Cap$38.23 million Next Earnings Date3/25/2020 (Estimated) OptionableNot Optionable Receive RKDA News and Ratings via Email Sign-up to receive the latest news and ratings for RKDA and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:RKDA Rates by TradingView Arcadia Biosciences (NASDAQ:RKDA) Frequently Asked Questions What is Arcadia Biosciences' stock symbol? Arcadia Biosciences trades on the NASDAQ under the ticker symbol "RKDA." When did Arcadia Biosciences' stock split? How did Arcadia Biosciences' stock split work? Shares of Arcadia Biosciences 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 closing bell on Tuesday, January 23rd 2018. An investor that had 100 shares of Arcadia Biosciences stock prior to the reverse split would have 5 shares after the split. How were Arcadia Biosciences' earnings last quarter? Arcadia Biosciences Inc (NASDAQ:RKDA) announced its quarterly earnings data on Wednesday, November, 6th. The basic materials company reported ($2.04) earnings per share for the quarter, missing analysts' consensus estimates of ($0.77) by $1.27. The basic materials company had revenue of $0.39 million for the quarter, compared to the consensus estimate of $0.31 million. Arcadia Biosciences had a negative net margin of 1,938.76% and a negative return on equity of 198.10%. View Arcadia Biosciences' Earnings History. When is Arcadia Biosciences' next earnings date? Arcadia Biosciences is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for Arcadia Biosciences. What price target have analysts set for RKDA? 2 equities research analysts have issued 12 month price objectives for Arcadia Biosciences' stock. Their forecasts range from $14.00 to $16.00. On average, they expect Arcadia Biosciences' stock price to reach $15.00 in the next year. This suggests a possible upside of 239.4% from the stock's current price. View Analyst Price Targets for Arcadia Biosciences. What is the consensus analysts' recommendation for Arcadia Biosciences? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arcadia Biosciences in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arcadia Biosciences. What are Wall Street analysts saying about Arcadia Biosciences stock? Here are some recent quotes from research analysts about Arcadia Biosciences stock: 1. National Securities analysts commented, " Second Quarter Results Meet Expectations. A $5.0 million operating loss fell in line with our $4.8 million estimates. GAAP earnings were skewed by a $9.5 million non-cash gain from warrant adjustments. Excluding this, earnings fell in line with estimates. Cannabis Initiative Taking Off. The story of the earnings release was surprisingly not what has driven volume in recent days. The cannabis initiative is accelerating faster than we anticipated, with the company now expecting to derive near term revenue from sale of seed. We estimate this high margin product could conservatively deliver $3 to $5 million of revenue in 2020, with modest initial revenues coming in the fourth quarter of 2019. HB4 Approved By USDA. On August 8th, the USDA announced its approval of the HB4 soybean to be grown domestically. This is a meaningful milestone and came 12 to 24 months before we anticipated. RKDA can now identify a commercial partner and integrate the trait into domestic germplasm with field trials likely to begin in 2021 and commercial revenue in 2023. While this is a faster timeline than we expected, it does not significantly alter our estimates or valuation. Cannabis Value Still In Early Innings. We believe the most valuable revenue in agribusiness is derived from proprietary genetics, and we believe the most valuable crop in the market is cannabis. RKDA is engaged in breeding efforts to develop proprietary lines of cannabis, which we believe is a roughly 3 year process before commercialization can begin. For patient investors, we believe RKDA is in the process of generating significant value via these efforts, and we expect enhanced visibility of this potential over the next 12 to 24 months." (8/15/2019) 2. HC Wainwright analysts commented, "Valuation methodology, risks and uncertainties. Our valuation utilizes a discounted cash flow-based approach that derives a $140M value for RS Wheat, using a 15% discount rate, 30% tax rate and 10% manufacturing spend. This translates into a price per share of $14.00, assuming roughly 10M shares outstanding as of end-1Q20." (6/6/2019) Has Arcadia Biosciences been receiving favorable news coverage? News coverage about RKDA stock has trended negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Arcadia Biosciences earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Arcadia Biosciences. Who are some of Arcadia Biosciences' key competitors? Some companies that are related to Arcadia Biosciences include Marrone Bio Innovations (MBII), Wynnstay Group (WYN), Evogene (EVGN), Bion Environmental Technologies (BNET), Eden Research (EDEN), China Green Agriculture (CGA), SenesTech (SNES), Kiwa Bio-Tech Products Group (KWBT) and Cavitation Technologies (CVAT). 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 Corbus Pharmaceuticals (CRBP), Micron Technology (MU), Alibaba Group (BABA), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Opko Health (OPK), Verastem (VSTM), Sorrento Therapeutics (SRNE), Advanced Micro Devices (AMD) and Antares Pharma (ATRS). Who are Arcadia Biosciences' key executives? Arcadia Biosciences' management team includes the folowing people: Mr. Rajendra Ketkar, Pres, CEO & Director (Age 65)Mr. Matthew T. Plavan, CFO, Sec. & Pres of Arcadia Specialty Genomics (Age 55)Ms. Sarah Reiter, Chief Commercial Officer (Age 47)Dr. Randy Shultz Ph.D., Head of R&DDr. Zhongjin Lu Ph.D., Director of Product Devel. (Age 53) When did Arcadia Biosciences IPO? (RKDA) raised $66 million in an IPO on Friday, May 15th 2015. The company issued 8,200,000 shares at $8.00 per share. Credit Suisse, J.P. Morgan and Piper Jaffray acted as the underwriters for the IPO. Who are Arcadia Biosciences' major shareholders? Arcadia Biosciences' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Geode Capital Management LLC (0.44%), Oxford Asset Management LLP (0.40%), Bank of Montreal Can (0.35%) and Virtu Financial LLC (0.13%). Company insiders that own Arcadia Biosciences stock include Eric J Rey, Kevin Comcowich, Lilian Shackelford Murray, Matthew T Plavan, Sarah Reiter and Zhongjin Lu. View Institutional Ownership Trends for Arcadia Biosciences. Which major investors are selling Arcadia Biosciences stock? RKDA stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. View Insider Buying and Selling for Arcadia Biosciences. Which major investors are buying Arcadia Biosciences stock? RKDA stock was acquired by a variety of institutional investors in the last quarter, including Oxford Asset Management LLP, Virtu Financial LLC and Geode Capital Management LLC. Company insiders that have bought Arcadia Biosciences stock in the last two years include Kevin Comcowich, Lilian Shackelford Murray, Matthew T Plavan and Sarah Reiter. View Insider Buying and Selling for Arcadia Biosciences. How do I buy shares of Arcadia Biosciences? Shares of RKDA 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 Arcadia Biosciences' stock price today? One share of RKDA stock can currently be purchased for approximately $4.42. How big of a company is Arcadia Biosciences? Arcadia Biosciences has a market capitalization of $38.23 million and generates $1.46 million in revenue each year. The basic materials company earns $-13,480,000.00 in net income (profit) each year or ($5.35) on an earnings per share basis. Arcadia Biosciences employs 44 workers across the globe.View Additional Information About Arcadia Biosciences. What is Arcadia Biosciences' official website? The official website for Arcadia Biosciences is http://www.arcadiabio.com/. How can I contact Arcadia Biosciences? Arcadia Biosciences' mailing address is 202 COUSTEAU PLACE SUITE 105, DAVIS CA, 85018. The basic materials company can be reached via phone at 530-756-7077 or via email at [email protected] MarketBeat Community Rating for Arcadia Biosciences (NASDAQ RKDA)Community Ranking: 2.5 out of 5 ( )Outperform Votes: 245 (Vote Outperform)Underperform Votes: 236 (Vote Underperform)Total Votes: 481MarketBeat's community ratings are surveys of what our community members think about Arcadia Biosciences and other stocks. Vote "Outperform" if you believe RKDA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RKDA will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 2/27/2020 by MarketBeat.com StaffFeatured Article: Why do companies engage in swaps?
