Rani Therapeutics (RANI) Stock Price, News & Analysis

Company Overview

Rani Therapeutics Holdings, Inc. operates as a clinical stage biotherapeutics company that develops orally administered biologics for patients, physicians, and healthcare systems in the United States. The company develops the RaniPill capsule, a drug-agnostic oral delivery platform to deliver a variety of drug substances, including oligonucleotides, peptides, proteins, and antibodies. Its product pipeline includes RT-102, a parathyroid hormone that is in Phase I clinical trial for the treatment of osteoporosis; RT-105, an anti-TNF-alpha antibody that is in preclinical studies to treat psoriatic arthritis; RT-110, a parathyroid hormone for the treatment of hypoparathyroidism; and RT-111, an ustekinumab biosimilar for the treatment of various inflammatory conditions. Rani Therapeutics Holdings, Inc. was founded in 2012 and is headquartered in San Jose, California.

Key Stats

• Today's Range: $2.34 to $2.60
• 50-Day Range: $2.26 to $3.99
• 52-Week Range: $1.82 to $8.75
• Volume: 106,122 shs
• Average Volume: 94,778 shs
• Market Capitalization: $117.98 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $11.71
• Consensus Rating: Buy

Rani Therapeutics Stock Analysis - MarketRank™

Rani Therapeutics scored higher than 30% of companies evaluated by MarketBeat, and ranked 824th out of 1,006 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Rani Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.14, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Rani Therapeutics has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Rani Therapeutics are expected to grow in the coming year, from ($0.98) to ($0.72) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rani Therapeutics is -1.81, 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 Rani Therapeutics is -1.81, 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

Rani Therapeutics has a P/B Ratio of 4.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.03% of the float of Rani Therapeutics has been sold short.

Short Interest Ratio / Days to Cover

Rani Therapeutics has a short interest ratio ("days to cover") of 13.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Rani Therapeutics has recently increased by 1.41%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Rani Therapeutics does not currently pay a dividend.

Dividend Growth

Rani Therapeutics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.03% of the float of Rani Therapeutics has been sold short.

Short Interest Ratio / Days to Cover

Rani Therapeutics has a short interest ratio ("days to cover") of 13.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Rani Therapeutics has recently increased by 1.41%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Rani Therapeutics this week, compared to 2 articles on an average week.

Search Interest

10 people have searched for RANI on MarketBeat in the last 30 days. This is an increase of 233% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Rani Therapeutics to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Rani Therapeutics insiders have not sold or bought any company stock.

Percentage Held by Insiders

53.30% of the stock of Rani Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 30.19% of the stock of Rani Therapeutics is held by institutions.

RANI Stock Analysis - Frequently Asked Questions

How have RANI shares performed this year?

Rani Therapeutics' stock was trading at $3.32 at the beginning of 2024. Since then, RANI shares have decreased by 29.5% and is now trading at $2.34.
View the best growth stocks for 2024 here.

How were Rani Therapeutics' earnings last quarter?

Rani Therapeutics Holdings, Inc. (NASDAQ:RANI) issued its quarterly earnings data on Tuesday, August, 6th. The company reported ($0.26) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.29) by $0.03.

When did Rani Therapeutics IPO?

Rani Therapeutics (RANI) raised $100 million in an initial public offering on Friday, July 30th 2021. The company issued 6,666,667 shares at a price of $14.00-$16.00 per share.

Who are Rani Therapeutics' major shareholders?

Rani Therapeutics' top institutional investors include United Services Automobile Association (0.62%), Renaissance Technologies LLC (0.04%) and Marshall Wace LLP (0.04%). Insiders that own company stock include South Cone Investments Limited, Talat Imran, Mir A Imran and Cortes Isidoro Alfonso Quiroga.
View institutional ownership trends.

How do I buy shares of Rani Therapeutics?

Shares of RANI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/06/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:RANI
• CUSIP: N/A
• CIK: 1856725
• Web: www.ranitherapeutics.com
• Phone: 408-457-3700
• Fax: N/A
• Employees: 110
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.71
• High Stock Price Target: $17.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +398.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.14
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.29)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-33,970,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -152.26%
• Return on Assets: -54.23%

Debt

• Debt-to-Equity Ratio: 3.10
• Current Ratio: 1.93
• Quick Ratio: 1.93

Sales & Book Value

• Annual Sales: $2.72 million
• Price / Sales: 43.56
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.51 per share
• Price / Book: 4.61

Miscellaneous

• Outstanding Shares: 50,420,000
• Free Float: 23,546,000
• Market Cap: $118.49 million
• Optionable: Optionable
• Beta: 0.17