NASDAQ:TSVT

2seventy bio (TSVT) Stock Price, News & Analysis

$5.00
+0.13 (+2.67%)
(As of 05/16/2024 ET)
Today's Range
$4.72
$5.02
50-Day Range
$3.96
$5.79
52-Week Range
$1.53
$12.69
Volume
373,823 shs
Average Volume
1.25 million shs
Market Capitalization
$257 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.86

2seventy bio MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
157.1% Upside
$12.86 Price Target
Short Interest
Bearish
14.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.21mentions of 2seventy bio in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$3.14 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.93) to $0.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.82 out of 5 stars

Medical Sector

660th out of 929 stocks

Pharmaceutical Preparations Industry

311th out of 433 stocks

TSVT stock logo

About 2seventy bio Stock (NASDAQ:TSVT)

2seventy bio, Inc., a cell and gene therapy company, focuses on the research, development, and commercialization of treatments for cancer in the United States. The company's products pipeline includes Abecma, a chimeric antigen receptor T-cell product candidates for the treatment of multiple myeloma. It has a collaboration arrangement with Bristol Myers Squibb Company. The company was incorporated in 2021 and is headquartered in Cambridge, Massachusetts.

TSVT Stock Price History

TSVT Stock News Headlines

Here's what Wall Street expects from 2seventy bio's earnings
2seventy bio Inc Ordinary Shares
Bristol Myers Wins FDA Nod for Abecma
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
5/16/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:TSVT
Fax
N/A
Employees
274
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.86
High Stock Price Target
$26.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+157.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$-217,570,000.00
Net Margins
-313.51%
Pretax Margin
-313.51%

Debt

Sales & Book Value

Annual Sales
$100.39 million
Book Value
$4.04 per share

Miscellaneous

Free Float
50,068,000
Market Cap
$257 million
Optionable
Optionable
Beta
1.87
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TSVT Stock Analysis - Frequently Asked Questions

Should I buy or sell 2seventy bio stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for 2seventy bio in the last year. There are currently 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TSVT shares.
View TSVT analyst ratings
or view top-rated stocks.

What is 2seventy bio's stock price target for 2024?

10 brokers have issued 12-month price targets for 2seventy bio's stock. Their TSVT share price targets range from $5.00 to $26.00. On average, they predict the company's stock price to reach $12.86 in the next twelve months. This suggests a possible upside of 157.1% from the stock's current price.
View analysts price targets for TSVT
or view top-rated stocks among Wall Street analysts.

How have TSVT shares performed in 2024?

2seventy bio's stock was trading at $4.27 at the beginning of 2024. Since then, TSVT shares have increased by 17.1% and is now trading at $5.00.
View the best growth stocks for 2024 here
.

When is 2seventy bio's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our TSVT earnings forecast
.

How were 2seventy bio's earnings last quarter?

2seventy bio, Inc. (NASDAQ:TSVT) issued its quarterly earnings results on Tuesday, March, 5th. The company reported ($1.11) earnings per share for the quarter, topping the consensus estimate of ($1.22) by $0.11. The company earned $10.68 million during the quarter, compared to the consensus estimate of $13.91 million. 2seventy bio had a negative net margin of 313.51% and a negative trailing twelve-month return on equity of 67.59%. During the same quarter last year, the company posted ($0.60) EPS.

What ETFs hold 2seventy bio's stock?
Who are 2seventy bio's major shareholders?

2seventy bio's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.26%), Healthcare of Ontario Pension Plan Trust Fund (3.38%), Jacobs Levy Equity Management Inc. (0.74%), Susquehanna Fundamental Investments LLC (0.27%), Wedmont Private Capital (0.17%) and Price T Rowe Associates Inc. MD (0.06%). Insiders that own company stock include Casdin Capital, Llc, Jessica Snow, Kynam Capital Management, Lp, Nick Leschly, Nicola Heffron, Philip D Gregory and William D Baird III.
View institutional ownership trends
.

How do I buy shares of 2seventy bio?

Shares of TSVT 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.

This page (NASDAQ:TSVT) was last updated on 5/16/2024 by MarketBeat.com Staff

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