Nurix Therapeutics Stock Shares Outstanding
NRIX Stock | USD 22.05 0.32 1.43% |
Nurix Therapeutics fundamentals help investors to digest information that contributes to Nurix Therapeutics' financial success or failures. It also enables traders to predict the movement of Nurix Stock. The fundamental analysis module provides a way to measure Nurix Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nurix Therapeutics stock.
Common Stock Shares Outstanding is likely to drop to about 39.7 M in 2024. Nurix | Shares Outstanding |
Nurix Therapeutics Company Shares Outstanding Analysis
Nurix Therapeutics' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Nurix Therapeutics Shares Outstanding | 70.84 M |
Most of Nurix Therapeutics' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nurix Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nurix Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Nurix Therapeutics is extremely important. It helps to project a fair market value of Nurix Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Nurix Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nurix Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nurix Therapeutics' interrelated accounts and indicators.
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Nurix Shares Outstanding Historical Pattern
Today, most investors in Nurix Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nurix Therapeutics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Nurix Therapeutics shares outstanding as a starting point in their analysis.
Nurix Therapeutics Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Nurix Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Nurix Therapeutics has 70.84 M of shares currently outstending. This is 60.76% lower than that of the Biotechnology sector and 33.71% lower than that of the Health Care industry. The shares outstanding for all United States stocks is 87.61% higher than that of the company.
Nurix Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nurix Therapeutics' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nurix Therapeutics could also be used in its relative valuation, which is a method of valuing Nurix Therapeutics by comparing valuation metrics of similar companies.Nurix Therapeutics is currently under evaluation in shares outstanding category among its peers.
Nurix Therapeutics Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nurix Therapeutics from analyzing Nurix Therapeutics' financial statements. These drivers represent accounts that assess Nurix Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nurix Therapeutics' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 668.0M | 1.2B | 602.3M | 338.0M | 304.2M | 518.5M | |
Enterprise Value | 548.6M | 1.2B | 549.7M | 314.0M | 282.6M | 475.4M |
Nurix Therapeutics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nurix Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nurix Therapeutics' managers, analysts, and investors.Environmental | Governance | Social |
Nurix Fundamentals
Return On Equity | -0.58 | ||||
Return On Asset | -0.29 | ||||
Operating Margin | (4.34) % | ||||
Current Valuation | 1.16 B | ||||
Shares Outstanding | 70.84 M | ||||
Shares Owned By Insiders | 1.45 % | ||||
Shares Owned By Institutions | 98.27 % | ||||
Number Of Shares Shorted | 9.46 M | ||||
Price To Book | 4.20 X | ||||
Price To Sales | 28.08 X | ||||
Revenue | 76.99 M | ||||
Gross Profit | (145.87 M) | ||||
EBITDA | (141.41 M) | ||||
Net Income | (143.95 M) | ||||
Cash And Equivalents | 344.48 M | ||||
Cash Per Share | 7.31 X | ||||
Total Debt | 30.61 M | ||||
Debt To Equity | 0.04 % | ||||
Current Ratio | 5.26 X | ||||
Book Value Per Share | 5.62 X | ||||
Cash Flow From Operations | (81.36 M) | ||||
Short Ratio | 11.33 X | ||||
Earnings Per Share | (2.90) X | ||||
Target Price | 31.2 | ||||
Number Of Employees | 284 | ||||
Beta | 2.2 | ||||
Market Capitalization | 1.58 B | ||||
Total Asset | 355.6 M | ||||
Retained Earnings | (545.2 M) | ||||
Working Capital | 208.54 M | ||||
Net Asset | 355.6 M |
About Nurix Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nurix Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nurix Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nurix Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Nurix Therapeutics' price analysis, check to measure Nurix Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nurix Therapeutics is operating at the current time. Most of Nurix Therapeutics' value examination focuses on studying past and present price action to predict the probability of Nurix Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nurix Therapeutics' price. Additionally, you may evaluate how the addition of Nurix Therapeutics to your portfolios can decrease your overall portfolio volatility.