Adaptive Biotechnologies Corporation (ADPT)

NASDAQ: ADPT · IEX Real-Time Price · USD
3.210
+0.320 (11.07%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

ADPT has a market cap or net worth of $469.37 million. The enterprise value is $349.47 million.

Market Cap 469.37M
Enterprise Value 349.47M

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

ADPT has 145.09 million shares outstanding. The number of shares has increased by 1.31% in one year.

Shares Outstanding 145.09M
Shares Change (YoY) +1.31%
Shares Change (QoQ) +0.14%
Owned by Insiders (%) 2.83%
Owned by Institutions (%) 97.60%
Float 96.82M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 2.76
Forward PS 2.62
PB Ratio 1.52
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.05
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 4.66, with a Debt / Equity ratio of 0.74.

Current Ratio 4.66
Quick Ratio 4.40
Debt / Equity 0.74
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -15.32

Financial Efficiency

Return on equity (ROE) is -60.50% and return on invested capital (ROIC) is -42.21%.

Return on Equity (ROE) -60.50%
Return on Assets (ROA) -30.70%
Return on Capital (ROIC) -42.21%
Revenue Per Employee $240,164
Profits Per Employee -$317,701
Employee Count 709
Asset Turnover 0.23
Inventory Turnover 5.23

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -61.04% in the last 52 weeks. The beta is 1.27, so ADPT's price volatility has been higher than the market average.

Beta (1Y) 1.27
52-Week Price Change -61.04%
50-Day Moving Average 3.72
200-Day Moving Average 5.19
Relative Strength Index (RSI) 42.56
Average Volume (30 Days) 1,456,155

Short Selling Information

The latest short interest is 8.46 million, so 5.83% of the outstanding shares have been sold short.

Short Interest 8.46M
Short Previous Month 8.77M
Short % of Shares Out 5.83%
Short % of Float 8.73%
Short Ratio (days to cover) 5.17

Income Statement

In the last 12 months, ADPT had revenue of $170.28 million and -$225.25 million in losses. Loss per share was -$1.56.

Revenue 170.28M
Gross Profit 94.72M
Operating Income -227.04M
Pretax Income -225.25M
Net Income -225.25M
EBITDA -182.30M
EBIT -211.45M
Loss Per Share -$1.56
Full Income Statement

Balance Sheet

The company has $349.33 million in cash and $229.43 million in debt, giving a net cash position of $119.90 million or $0.83 per share.

Cash & Cash Equivalents 349.33M
Total Debt 229.43M
Net Cash 119.90M
Net Cash Per Share $0.83
Equity / Book Value 308.40M
Book Value Per Share 2.13
Working Capital 322.17M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$156.32 million and capital expenditures -$10.70 million, giving a free cash flow of -$167.02 million.

Operating Cash Flow -156.32M
Capital Expenditures -10.70M
Free Cash Flow -167.02M
FCF Per Share -$1.16
Full Cash Flow Statement

Margins

Gross margin is 55.63%, with operating and profit margins of -133.33% and -132.29%.

Gross Margin 55.63%
Operating Margin -133.33%
Pretax Margin -132.29%
Profit Margin -132.29%
EBITDA Margin -107.06%
EBIT Margin -124.18%
FCF Margin -98.09%

Dividends & Yields

ADPT does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.31%
Shareholder Yield -1.31%
Earnings Yield -47.99%
FCF Yield -35.58%

Analyst Forecast

The average price target for ADPT is $7.25, which is 125.86% higher than the current price. The consensus rating is "Buy".

Price Target $7.25
Price Target Difference 125.86%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

ADPT has an Altman Z-Score of -1.84 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -1.84
Piotroski F-Score 3