Publicly-traded company MannKind Corporation (NASDAQ:MNKD) had a closing price of $1.32 yesterday. Meanwhile, the average 12-month price target from Wall Street analysts is currently $3.00, this means that the stock is underpriced by 56.0%. In the past 52 weeks the company’s stock price has moved within the range of $0.94 to $2.34.
This particular stock’s 5-day moving average is 1.38, its 20-day moving average is 1.31 and its 100-day moving average is 1.20. MannKind Corporation (MNKD) currently has 188.05M shares outstanding, which means that its market capitalization is $248.23M.
The Details: MannKind Corporation (MNKD) Financial Health
Return on Assets, which is expressed as a percentage, tells us how well a public company is using its assets to turn a profit. The larger the percentage, the better it is At the moment, MannKind Corporation Return on Assets is -72.90%.
What Does Wall Street Say about Company?
When selecting potential stocks to buy, many investors want to find out what Wall Street professionals are thinking about the company beforehand – like what the average analyst rating is. At the moment, the average analyst rating for MNKD is Buy. Out of 4 total analysts who were surveyed, 0 rated it a sell, 0 rated it a underweight, 0 rated it an overweight, 0 rated it hold, and 4 rated it a Buy.
Understanding Profitability at MannKind Corporation (MNKD)
A good way of assessing a public company’s profitability is by looking at its Earnings per Share (EPS). In the most recent financial results released by MannKind Corporation, for the quarter ending on 09/2019, the company posted EPS of -0.07. The average estimate of Wall Street analysts had projected -0.06.
Wall Street analysts, on average, are forecasting the company’s EPS to be -0.08, compared to -0.16 reported in the same quarter last year.