Danimer Scientific (DNMR) Stock Price, News & Analysis

Company Overview

Danimer Scientific, Inc., a performance polymer company, provides bioplastic replacements for traditional petroleum-based plastics in the United States, Germany, Poland, Belgium, Austria, and internationally. It produces polyhydroxyalkanoate, a biodegradable plastic feedstock alternative under the Nodax brand name for applications in films, straws, cutlery, food containers, and others; polylactic acid-based resins for coating disposable paper cups; and other biopolymers. The company products are used in various applications, including additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. It also markets its products to consumer packaging brand owners, converters, and manufacturers in the plastics industry. Danimer Scientific, Inc. was founded in 2004 and is headquartered in Bainbridge, Georgia.

Key Stats

• Today's Range: $5.31 to $6.30
• 50-Day Range: $5.70 to $18.40
• 52-Week Range: $5.31 to $73.60
• Volume: 150,959 shs
• Average Volume: 26,749 shs
• Market Capitalization: $17.10 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $25.33
• Consensus Rating: Reduce

Danimer Scientific Stock Analysis - MarketRank™

Danimer Scientific scored higher than 24% of companies evaluated by MarketBeat, and ranked 153rd out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.8 / 5
• Analyst Rating: Reduce

Consensus Rating

Danimer Scientific has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Danimer Scientific has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Danimer Scientific are expected to grow in the coming year, from ($32.53) to ($18.40) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Danimer Scientific is -0.12, 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 Danimer Scientific is -0.12, 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

Danimer Scientific has a P/B Ratio of 0.05. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

678.33% of the outstanding shares of Danimer Scientific have been sold short.

Short Interest Ratio / Days to Cover

Danimer Scientific has a short interest ratio ("days to cover") of 30.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Danimer Scientific has recently increased by 0.35%, indicating that investor sentiment is decreasing.

Dividend

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

Dividend Yield

Danimer Scientific does not currently pay a dividend.

Dividend Growth

Danimer Scientific does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

678.33% of the outstanding shares of Danimer Scientific have been sold short.

Short Interest Ratio / Days to Cover

Danimer Scientific has a short interest ratio ("days to cover") of 30.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Danimer Scientific has recently increased by 0.35%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.10

News Sentiment

Danimer Scientific has a news sentiment score of -0.10. 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 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Danimer Scientific this week, compared to 1 article on an average week.

Search Interest

4 people have searched for DNMR on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

16.60% of the stock of Danimer Scientific is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 33.84% of the stock of Danimer Scientific is held by institutions.

DNMR Stock Analysis - Frequently Asked Questions

How have DNMR shares performed this year?

Danimer Scientific's stock was trading at $30.60 at the beginning of 2024. Since then, DNMR shares have decreased by 81.4% and is now trading at $5.70.
View the best growth stocks for 2024 here.

When did Danimer Scientific's stock split?

Danimer Scientific's stock reverse split on the morning of Wednesday, November 13th 2024. The 1-40 reverse split was announced on Friday, November 1st 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, November 12th 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Who are Danimer Scientific's major shareholders?

Top institutional shareholders of Danimer Scientific include Geode Capital Management LLC (36.93%), Capital Investment Advisors LLC (0.54%), Diversified Trust Co (0.37%) and State Street Corp (11.25%). Insiders that own company stock include Stuart W Pratt and Scott Tuten.
View institutional ownership trends.

How do I buy shares of Danimer Scientific?

Shares of DNMR 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 Danimer Scientific own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Danimer Scientific investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), PayPal (PYPL), JPMorgan Chase & Co. (JPM) and Palantir Technologies (PLTR).

Company Calendar

• Today: 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Plastics materials & resins
• Sub-Industry: N/A
• Current Symbol: NYSE:DNMR
• CUSIP: N/A
• CIK: 1779020
• Web: danimerscientific.com
• Phone: 229-243-7075
• Fax: N/A
• Employees: 257
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $25.33
• High Stock Price Target: $40.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +344.4%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($49.20)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-155,470,000.00
• Net Margins: -325.87%
• Pretax Margin: -324.68%
• Return on Equity: -48.01%
• Return on Assets: -18.56%

Debt

• Debt-to-Equity Ratio: 1.65
• Current Ratio: 4.52
• Quick Ratio: 3.15

Sales & Book Value

• Annual Sales: $46.68 million
• Price / Sales: 0.37
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $108.14 per share
• Price / Book: 0.05

Miscellaneous

• Outstanding Shares: 3,000,000
• Free Float: 2,505,000
• Market Cap: $17.10 million
• Optionable: Optionable
• Beta: 1.63