Rezolute (RZLT) Stock Price, News & Analysis

Company Overview

Rezolute, Inc., a clinical stage biopharmaceutical company, develops therapies for metabolic diseases associated with chronic glucose imbalance in the United States. The company's lead product candidate is RZ358, a human monoclonal antibody that is in Phase 2b clinical trial for the treatment of congenital hyperinsulinism, an ultra-rare pediatric genetic disorder. It is also developing RZ402, an oral plasma kallikrein inhibitor, which is in clinical trial for the chronic treatment of diabetic macular edema. The company was formerly known as AntriaBio, Inc. and changed its name to Rezolute, Inc. in December 2017. Rezolute, Inc. was incorporated in 2010 and is headquartered in Redwood City, California.

Key Stats

• Today's Range: $5.18 to $5.74
• 50-Day Range: $4.59 to $5.96
• 52-Week Range: $0.72 to $6.19
• Volume: 441,407 shs
• Average Volume: 430,584 shs
• Market Capitalization: $306.50 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $24.13
• Consensus Rating: Buy

Rezolute Stock Analysis - MarketRank™

Rezolute scored higher than 85% of companies evaluated by MarketBeat, and ranked 179th out of 970 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: 4.5 / 5
• Analyst Rating: Buy

Consensus Rating

Rezolute has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Rezolute has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Rezolute are expected to decrease in the coming year, from ($0.99) to ($1.12) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rezolute is -4.17, 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 Rezolute is -4.17, 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

Rezolute has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.93% of the outstanding shares of Rezolute have been sold short.

Short Interest Ratio / Days to Cover

Rezolute has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rezolute has recently decreased by 2.61%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Rezolute does not currently pay a dividend.

Dividend Growth

Rezolute does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

1.93% of the outstanding shares of Rezolute have been sold short.

Short Interest Ratio / Days to Cover

Rezolute has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rezolute has recently decreased by 2.61%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.24

News Sentiment

Rezolute has a news sentiment score of 1.24. 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 higher news sentiment than the 0.55 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Rezolute this week, compared to 2 articles on an average week.

Search Interest

5 people have searched for RZLT on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Rezolute to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Rezolute insiders have bought more of their company's stock than they have sold. Specifically, they have bought $20,017.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

20.80% of the stock of Rezolute is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

82.97% of the stock of Rezolute is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RZLT Stock Analysis - Frequently Asked Questions

How have RZLT shares performed this year?

Rezolute's stock was trading at $0.9925 at the start of the year. Since then, RZLT stock has increased by 433.0% and is now trading at $5.29.
View the best growth stocks for 2024 here.

How were Rezolute's earnings last quarter?

Rezolute, Inc. (NASDAQ:RZLT) issued its quarterly earnings data on Thursday, September, 19th. The company reported ($0.44) EPS for the quarter, missing the consensus estimate of ($0.30) by $0.14.

Who are Rezolute's major shareholders?

Rezolute's top institutional investors include Sphera Funds Management LTD. (2.07%), Ikarian Capital LLC (1.53%), Geode Capital Management LLC (0.85%) and State Street Corp (0.22%). Insiders that own company stock include Young-Jin Kim, Brian Kenneth Roberts, Wladimir Hogenhuis, Daron Evans and Nevan C Elam.
View institutional ownership trends.

How do I buy shares of Rezolute?

Shares of RZLT 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.

What other stocks do shareholders of Rezolute own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rezolute investors own include Meta Platforms (META), NVIDIA (NVDA), PayPal (PYPL), Advanced Micro Devices (AMD), Taiwan Semiconductor Manufacturing (TSM), CrowdStrike (CRWD) and Vanguard S&P 500 ETF (VOO).

Company Calendar

• Last Earnings: 9/19/2024
• Today: 11/16/2024
• Next Earnings (Estimated): 2/11/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:RZLT
• CUSIP: N/A
• CIK: 1509261
• Web: www.rezolutebio.com
• Phone: (650) 206-4507
• Fax: N/A
• Employees: 40
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $24.13
• High Stock Price Target: $112.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +356.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.27)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-68,460,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -69.83%
• Return on Assets: -62.16%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 13.79
• Quick Ratio: 13.39

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.96 per share
• Price / Book: 2.70

Miscellaneous

• Outstanding Shares: 57,940,000
• Free Float: 45,891,000
• Market Cap: $306.50 million
• Optionable: Optionable
• Beta: 1.18