Geron Corp (NASDAQ: GERN) has reported a loss for its first fiscal quarter (ending March 31) of $-0.09 versus a loss $-0.07 for the same period a year ago. This result fell short of the consensus estimate of $-0.07 by $-0.02. For the latest four quarters through March 31, E.P.S. were $-0.35 versus $-0.34 for the same period a year ago.
Recent Price Action
Geron Corp (NASDAQ: GERN) stock declined by -3.2% on 5/2/24. The shares closed at $3.95. However, trading volume in this decline was below average at 70% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 10.3% during the last week.
Current PriceTarget Research Rating
GERN is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Geron has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Geron has a very low Appreciation Score of 4 but a good Power Rating of 79, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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