Seer (SEER) Stock Price, News & Analysis

Company Overview

Seer, Inc., a life sciences company, engages in developing and commercializing products to decode the biology of the proteome. It develops Proteograph Product Suite, an integrated solution that includes proprietary engineered nanoparticles, consumables, automation instrumentation, and software to perform proteomic analysis to provide a solution that can be incorporated by nearly any lab for research use only. The company intends to sell its products for research use only, which cover academic institutions, life sciences, and research laboratories, as well as biopharmaceutical and biotechnology companies for non-diagnostic and non-clinical purposes. It operates in China, Australia, Eastern Europe, Israel, and Japan. The company was formerly known as Seer Biosciences, Inc. and changed its name to Seer, Inc. in July 2018. Seer, Inc. was incorporated in 2017 and is headquartered in Redwood City, California.

Key Stats

• Today's Range: $2.23 to $2.33
• 50-Day Range: $1.64 to $2.42
• 52-Week Range: $1.51 to $2.50
• Volume: 261,871 shs
• Average Volume: 282,064 shs
• Market Capitalization: $135.04 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.00
• Consensus Rating: Hold

Seer Stock Analysis - MarketRank™

Seer scored higher than 44% of companies evaluated by MarketBeat, and ranked 679th out of 963 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: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Seer has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Seer has received no research coverage in the past 90 days.

Earnings and Valuation

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

Earnings Growth

Earnings for Seer are expected to decrease in the coming year, from ($1.42) to ($1.66) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Seer is -1.76, 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 Seer is -1.76, 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

Seer has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.34% of the float of Seer has been sold short.

Short Interest Ratio / Days to Cover

Seer has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Seer has recently increased by 30.98%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Seer does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

2.34% of the float of Seer has been sold short.

Short Interest Ratio / Days to Cover

Seer has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Seer has recently increased by 30.98%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: N/A

News Sentiment

Seer has a news sentiment score of 0.34. 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 0.46 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Seer this week, compared to 5 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

15.00% of the stock of Seer is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

75.20% of the stock of Seer is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SEER Stock Analysis - Frequently Asked Questions

How have SEER shares performed this year?

Seer's stock was trading at $1.94 on January 1st, 2024. Since then, SEER stock has increased by 18.0% and is now trading at $2.29.
View the best growth stocks for 2024 here.

How were Seer's earnings last quarter?

Seer, Inc. (NASDAQ:SEER) posted its earnings results on Thursday, August, 8th. The company reported ($0.35) EPS for the quarter, beating the consensus estimate of ($0.36) by $0.01. The firm had revenue of $3.07 million for the quarter, compared to analysts' expectations of $3.33 million. Seer had a negative trailing twelve-month return on equity of 21.96% and a negative net margin of 565.83%.

When did Seer IPO?

Seer (SEER) raised $150 million in an initial public offering on Friday, December 4th 2020. The company issued 8,800,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, Morgan Stanley, BofA Securities and Cowen acted as the underwriters for the IPO.

Who are Seer's major shareholders?

Top institutional shareholders of Seer include FMR LLC (1.15%), Geode Capital Management LLC (0.73%), Jacobs Levy Equity Management Inc. (0.73%) and Jane Street Group LLC (0.31%). Insiders that own company stock include Omid Farokhzad, Omead Ostadan, David R Horn, Elona Kogan, Elona Esq Kogan, Scott D Thomas and Dipchand Nishar.
View institutional ownership trends.

How do I buy shares of Seer?

Shares of SEER 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 Seer own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Seer investors own include FuboTV (FUBO), NIO (NIO), Palantir Technologies (PLTR), Advanced Micro Devices (AMD), Peloton Interactive (PTON), Tesla (TSLA) and Lemonade (LMND).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Analytical instruments
• Sub-Industry: Measuring And Control Equipment
• Current Symbol: NASDAQ:SEER
• CUSIP: N/A
• CIK: 1726445
• Web: www.seer.bio
• Phone: 650-453-0000
• Fax: N/A
• Employees: 160
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.00
• High Stock Price Target: $3.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +31.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.30)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-86,280,000.00
• Net Margins: -565.83%
• Pretax Margin: -565.83%
• Return on Equity: -21.96%
• Return on Assets: -19.85%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 18.36
• Quick Ratio: 17.88

Sales & Book Value

• Annual Sales: $14.18 million
• Price / Sales: 9.52
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $6.17 per share
• Price / Book: 0.37

Miscellaneous

• Outstanding Shares: 58,967,000
• Free Float: 50,122,000
• Market Cap: $135.03 million
• Optionable: Optionable
• Beta: 1.45