NASDAQ:TSVT

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

$4.38
-0.05 (-1.13%)
(As of 05/10/2024 ET)
Today's Range
$4.24
$4.49
50-Day Range
$3.96
$5.79
52-Week Range
$1.53
$12.69
Volume
403,751 shs
Average Volume
733,513 shs
Market Capitalization
$225.13 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.86

2seventy bio MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
193.5% Upside
$12.86 Price Target
Short Interest
Bearish
14.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.14mentions of 2seventy bio in the last 14 days
Based on 12 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.

1.91 out of 5 stars

Medical Sector

635th out of 925 stocks

Pharmaceutical Preparations Industry

303rd out of 430 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

Buy Friday. Sell Monday.
A 35 year old man from central Florida has stumbled on one of the best strategies we’ve seen in a long time. For the last 30 months his “Friday to Monday” trading strategy has maintained a 71% win rate on more than 350 trades. That includes multiple big time winners like 82% from Adobe… 77% from Palo Alto… But also a barrage of smaller winners like 20% from AMC… Each of which were opened on a Friday afternoon and closed the very next Monday morning. As you’ll see in his brand new video, this strange strategy has given him the ability to capture big time market moves over the weekend.
Here's what Wall Street expects from 2seventy bio's earnings
Buy Friday. Sell Monday.
A 35 year old man from central Florida has stumbled on one of the best strategies we’ve seen in a long time. For the last 30 months his “Friday to Monday” trading strategy has maintained a 71% win rate on more than 350 trades. That includes multiple big time winners like 82% from Adobe… 77% from Palo Alto… But also a barrage of smaller winners like 20% from AMC… Each of which were opened on a Friday afternoon and closed the very next Monday morning. As you’ll see in his brand new video, this strange strategy has given him the ability to capture big time market moves over the weekend.
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
5/12/2024
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
+193.5%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$-217,570,000.00
Net Margins
-313.51%
Pretax Margin
-216.73%

Debt

Sales & Book Value

Annual Sales
$100.39 million
Book Value
$5.04 per share

Miscellaneous

Free Float
50,068,000
Market Cap
$225.13 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?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 2seventy bio in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TSVT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSVT, but not buy additional shares or sell existing shares.
View TSVT analyst ratings
or view top-rated stocks.

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

9 brokerages have issued twelve-month target prices for 2seventy bio's shares. Their TSVT share price targets range from $5.00 to $26.00. On average, they expect the company's stock price to reach $12.86 in the next year. This suggests a possible upside of 193.5% 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 stock has increased by 2.6% and is now trading at $4.38.
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) released its quarterly earnings results on Tuesday, March, 5th. The company reported ($1.11) EPS for the quarter, beating analysts' consensus estimates of ($1.22) by $0.11. The firm had revenue of $10.68 million for the quarter, compared to analyst estimates of $13.91 million. 2seventy bio had a negative trailing twelve-month return on equity of 62.01% and a negative net margin of 313.51%. During the same quarter last year, the business earned ($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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.26%), Susquehanna Fundamental Investments LLC (0.27%), Wedmont Private Capital (0.17%) and SG Americas Securities LLC (0.03%). Insiders that own company stock include Casdin Capital, Llc, 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 5/12/2024 by MarketBeat.com Staff

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