NYSE:DNMR

Danimer Scientific (DNMR) Stock Forecast, Price & News

$3.24

+0.15 (+4.85%)

(As of 03:39 PM ET)

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Today's Range: $3.04
▼
$3.38
50-Day Range: $2.80
▼
$4.36
52-Week Range: $1.57
▼
$5.92

Volume: 816,633 shs
Average Volume: 1.31 million shs
Market Capitalization: $330.29 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.00

Danimer Scientific MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 85.8% Upside
$6.00 Price Target
Short Interest: Bearish
15.07% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.33
Based on 5 Articles This Week
Insider Trading: Selling Shares
$97,400 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($1.17) to ($1.11) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

Industrial Products Sector

104th out of 178 stocks

Plastics Materials & Resins Industry

9th out of 11 stocks

3.5

Analyst's Opinion

Consensus Rating
Danimer Scientific has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.00, Danimer Scientific has a forecasted upside of 85.8% from its current price of $3.23.
Amount of Analyst Coverage
Danimer Scientific has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
15.07% of the outstanding shares of Danimer Scientific have been sold short.
Short Interest Ratio / Days to Cover
Danimer Scientific has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.
Change versus previous month
Short interest in Danimer Scientific has recently decreased by 2.78%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Danimer Scientific does not currently pay a dividend.
Dividend Growth
Danimer Scientific does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DNMR.

1.8

News and Social Media Coverage

News Sentiment
Danimer Scientific has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Danimer Scientific this week, compared to 1 article on an average week.
Search Interest
Only 8 people have searched for DNMR on MarketBeat in the last 30 days. This is a decrease of -72% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Danimer Scientific to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Danimer Scientific insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $97,400.00 in company stock.
Percentage Held by Insiders
14.30% of the stock of Danimer Scientific is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
43.98% of the stock of Danimer Scientific is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Danimer Scientific are expected to grow in the coming year, from ($1.17) to ($1.11) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Danimer Scientific is -1.72, 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. Sector
The P/E ratio of Danimer Scientific is -1.72, 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 Ratio
Danimer Scientific has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Danimer Scientific (NYSE:DNMR) Stock

Danimer Scientific, Inc., a performance polymer company, develops, produces, and provides bioplastic replacements for traditional petroleum-based plastics. It produces polyhydroxyalkanoate, a biodegradable plastic feedstock alternative used in a range of plastic applications, including films, straws, food containers, and other things under the Nodax brand name; polylactic acid-based resins for coating disposable paper cups; and other biopolymers. The company offers its products for biopolymers, including additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. It also markets its products to consumer packaging brand owners, converters, and manufacturers in the plastics industry. Danimer Scientific, Inc. was founded in 2004 and is headquartered in Bainbridge, Georgia.

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DNMR Stock News Headlines

June 3, 2023 | americanbankingnews.com

Piper Sandler Increases Danimer Scientific (NYSE:DNMR) Price Target to $8.00

June 1, 2023 | msn.com

Piper Sandler Maintains Danimer Scientific Inc - (DNMR) Overweight Recommendation

June 6, 2023 | Edge On The Street (Ad)

Soaring EV Industry Keeps Investor Focus on Lithium

The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.

May 19, 2023 | americanbankingnews.com

Danimer Scientific, Inc. (NYSE:DNMR) CMO Scott Tuten Sells 10,000 Shares

May 12, 2023 | morningstar.com

Danimer Scientific Inc Ordinary Shares - Class A

May 12, 2023 | msn.com

Recap: Danimer Scientific Q1 Earnings

May 10, 2023 | finance.yahoo.com

Danimer Scientific, Inc. (DNMR) Reports Q1 Loss, Misses Revenue Estimates

May 10, 2023 | finance.yahoo.com

Danimer Scientific Announces First Quarter 2023 Results

June 6, 2023 | Edge On The Street (Ad)

Is There Still Time to Get In On the Lithium Boom?

"Lithium demand from the electric vehicle (EV) industry is growing at twice the rate of lithium production. By 2030, experts predict that 26 million EVs will be on U.S. roads, up from around 600,000 today. That's why new government incentives have been put in place to support more urgently-needed "Made in America" lithium.

May 8, 2023 | americanbankingnews.com

Danimer Scientific (DNMR) to Release Quarterly Earnings on Wednesday

May 3, 2023 | finance.yahoo.com

Danimer Scientific Announces Date for First Quarter 2023 Results

May 2, 2023 | finance.yahoo.com

Earnings Preview: Danimer Scientific, Inc. (DNMR) Q1 Earnings Expected to Decline

April 19, 2023 | finance.yahoo.com

Danimer Scientific Rings Closing Bell at New York Stock Exchange to Celebrate Earth Week

April 14, 2023 | entrepreneur.com

2 Stocks That'll Cause a Domino Effect in Your Portfolio if You Try to Buy Now...

April 11, 2023 | finance.yahoo.com

Danimer Scientific to Ring Closing Bell at New York Stock Exchange April 17 to Launch Earth Week

April 10, 2023 | finance.yahoo.com

Danimer Scientific, Inc. (NYSE:DNMR) Q4 2022 Earnings Call Transcript

April 6, 2023 | americanbankingnews.com

Danimer Scientific (NYSE:DNMR) Price Target Raised to $7.00

April 4, 2023 | msn.com

Piper Sandler Maintains Danimer Scientific (DNMR) Overweight Recommendation

April 3, 2023 | msn.com

Unusual Call Option Trade in Danimer Scientific (DNMR) Worth $116.25K

March 31, 2023 | msn.com

Why Danimer Scientific Stock Soared This Week

March 28, 2023 | seekingalpha.com

Danimer Scientific GAAP EPS of -$1.78 in-line, revenue of $53.2M in-line

March 28, 2023 | finance.yahoo.com

Danimer Scientific Announces Fourth Quarter and Full Year 2022 Results

March 28, 2023 | markets.businessinsider.com

What Wall Street expects from Danimer Scientific's earnings

March 27, 2023 | benzinga.com

Danimer Scientific's Earnings: A Preview

March 27, 2023 | americanbankingnews.com

Danimer Scientific (DNMR) to Release Quarterly Earnings on Tuesday

March 27, 2023 | americanbankingnews.com

Danimer Scientific (DNMR) Scheduled to Post Quarterly Earnings on Tuesday

March 23, 2023 | americanbankingnews.com

Scott Tuten Sells 10,000 Shares of Danimer Scientific, Inc. (NYSE:DNMR) Stock

See More Headlines

DNMR Price History

30 days | 90 days | 365 days | Advanced Chart

DNMR Company Calendar

Last Earnings: 3/28/2023
Today: 6/06/2023
Next Earnings (Estimated): 8/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Plastics materials & resins
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NYSE:DNMR
CUSIP: N/A
CIK: 1779020
Web: danimerscientific.com
Phone: 229-243-7075
Fax: N/A
Employees: 282
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $6.00
High Stock Price Forecast: $8.00
Low Stock Price Forecast: $4.00
Forecasted Upside/Downside: +82.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.88)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-179,760,000.00
Net Margins: -377.00%
Pretax Margin: -378.21%
Return on Equity: -31.32%
Return on Assets: -16.59%

Debt

Debt-to-Equity Ratio: 1.05
Current Ratio: 7.22
Quick Ratio: 5.93

Sales & Book Value

Annual Sales: $53.22 million
Price / Sales: 6.28
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.71 per share
Price / Book: 0.88

Miscellaneous

Outstanding Shares: 101,940,000
Free Float: 87,361,000
Market Cap: $334.36 million
Optionable: Not Optionable
Beta: 1.50

Key Executives

Mr. Stephen E. Croskrey (Age 62)
CEO & Chairman
Comp: $3.57M

Mr. Michael Smith (Age 54)
Chief Operating Officer
Comp: $373.69k

Mr. Phillip D. Van Trump (Age 46)
Chief Science & Technology Officer
Comp: $379.24k

Mr. Scott C. Tuten (Age 47)
Chief Marketing & Sustainability Officer
Comp: $381.64k

Mr. John A. Dowdy III (Age 50)
Sr. VP of Financial Planning & Analysis
Comp: $375.46k

Mr. Michael A. Hajost (Age 59)
Chief Financial Officer

Russ Zukowski
VP of Corp. Fin.

Mr. Stephen Albert Martin Esq. (Age 54)
Corp. Sec. & Chief Legal Officer

Ms. Deborah McRonald
Chief Corp. Devel. Officer

Mr. Anthony L. Austin (Age 65)
Chief Human Resource Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DNMR Stock - Frequently Asked Questions

Should I buy or sell Danimer Scientific stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Danimer Scientific in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DNMR shares.
View DNMR analyst ratings or view top-rated stocks.
What is Danimer Scientific's stock price forecast for 2023?: 1 analysts have issued 1-year price targets for Danimer Scientific's stock. Their DNMR share price forecasts range from $4.00 to $8.00. On average, they expect the company's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 82.9% from the stock's current price.
View analysts price targets for DNMR or view top-rated stocks among Wall Street analysts.
How have DNMR shares performed in 2023?: Danimer Scientific's stock was trading at $1.79 at the start of the year. Since then, DNMR stock has increased by 83.2% and is now trading at $3.28.
View the best growth stocks for 2023 here.
When is Danimer Scientific's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our DNMR earnings forecast.
How were Danimer Scientific's earnings last quarter?: Danimer Scientific, Inc. (NYSE:DNMR) posted its quarterly earnings data on Tuesday, March, 28th. The company reported ($0.28) earnings per share for the quarter, beating analysts' consensus estimates of ($0.30) by $0.02. The business earned $15.32 million during the quarter, compared to analyst estimates of $14.10 million. Danimer Scientific had a negative trailing twelve-month return on equity of 31.32% and a negative net margin of 377.00%.
What ETFs hold Danimer Scientific's stock?: ETFs with the largest weight of Danimer Scientific (NYSE:DNMR) stock in their portfolio include Putnam BioRevolution ETF (SYNB), Goldman Sachs Future Planet Equity ETF (GSFP), Grizzle Growth ETF (GRZZ), Vanguard Materials ETF (VAW) and Carbon Collective Climate Solutions U.S. Equity ETF (CCSO).

What guidance has Danimer Scientific issued on next quarter's earnings?: Danimer Scientific issued an update on its FY 2022 earnings guidance on Monday, March, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $53.20 million-$53.20 million, compared to the consensus revenue estimate of $53.77 million.
What is Danimer Scientific's stock symbol?: Danimer Scientific trades on the New York Stock Exchange (NYSE) under the ticker symbol "DNMR."
Who are Danimer Scientific's major shareholders?: Danimer Scientific's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (5.77%), Greenlight Capital Inc. (2.50%), State Street Corp (1.78%), Geode Capital Management LLC (1.71%), Charles Schwab Investment Management Inc. (0.66%) and First Manhattan CO. LLC. (0.37%). Insiders that own company stock include Scott Tuten and Stuart W Pratt.
View institutional ownership trends.
How do I buy shares of Danimer Scientific?: Shares of DNMR 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 Danimer Scientific's stock price today?: One share of DNMR stock can currently be purchased for approximately $3.28.
How much money does Danimer Scientific make?: Danimer Scientific (NYSE:DNMR) has a market capitalization of $334.36 million and generates $53.22 million in revenue each year. The company earns $-179,760,000.00 in net income (profit) each year or ($1.88) on an earnings per share basis.
How many employees does Danimer Scientific have?: The company employs 282 workers across the globe.
How can I contact Danimer Scientific?: Danimer Scientific's mailing address is 774A Walker Rd, Great Falls VA, 22066. The official website for the company is danimerscientific.com. The company can be reached via phone at 229-243-7075 or via email at ir@danimer.com.

This page (NYSE:DNMR) was last updated on 6/6/2023 by MarketBeat.com Staff

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