Wave Life Sciences Ltd. (WVE)

NASDAQ: WVE · IEX Real-Time Price · USD
6.17
+0.13 (2.15%)
At close: Mar 28, 2024, 4:00 PM
6.05
-0.12 (-1.94%)
After-hours: Mar 28, 2024, 6:02 PM EDT

Total Valuation

WVE has a market cap or net worth of $744.71 million. The enterprise value is $576.48 million.

Market Cap 744.71M
Enterprise Value 576.48M

Important Dates

The last earnings date was Wednesday, March 6, 2024, before market open.

Earnings Date Mar 6, 2024
Ex-Dividend Date n/a

Share Statistics

WVE has 122.28 million shares outstanding. The number of shares has increased by 34.55% in one year.

Shares Outstanding 122.28M
Shares Change (YoY) +34.55%
Shares Change (QoQ) +3.58%
Owned by Insiders (%) 18.22%
Owned by Institutions (%) 74.84%
Float 67.24M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 6.57
Forward PS 10.08
PB Ratio 18.79
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 5.09
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.26, with a Debt / Equity ratio of 0.81.

Current Ratio 1.26
Quick Ratio 1.19
Debt / Equity 0.81
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -23.70%
Return on Capital (ROIC) -94.77%
Revenue Per Employee $425,959
Profits Per Employee -$216,214
Employee Count 266
Asset Turnover 0.47
Inventory Turnover n/a

Taxes

Income Tax -677,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +53.87% in the last 52 weeks. The beta is -1.17, so WVE's price volatility has been lower than the market average.

Beta (1Y) -1.17
52-Week Price Change +53.87%
50-Day Moving Average 4.99
200-Day Moving Average 4.90
Relative Strength Index (RSI) 57.64
Average Volume (30 Days) 938,619

Short Selling Information

The latest short interest is 3.00 million, so 2.45% of the outstanding shares have been sold short.

Short Interest 3.00M
Short Previous Month 2.98M
Short % of Shares Out 2.45%
Short % of Float 4.46%
Short Ratio (days to cover) 2.16

Income Statement

In the last 12 months, WVE had revenue of $113.31 million and -$57.51 million in losses. Loss per share was -$0.54.

Revenue 113.31M
Gross Profit 113.31M
Operating Income -68.00M
Pretax Income -58.19M
Net Income -57.51M
EBITDA -48.98M
EBIT -58.19M
Loss Per Share -$0.54
Full Income Statement

Balance Sheet

The company has $200.35 million in cash and $32.12 million in debt, giving a net cash position of $168.23 million or $1.38 per share.

Cash & Cash Equivalents 200.35M
Total Debt 32.12M
Net Cash 168.23M
Net Cash Per Share $1.38
Equity / Book Value 39.63M
Book Value Per Share 0.32
Working Capital 48.93M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$19.43 million and capital expenditures -$1.12 million, giving a free cash flow of -$20.55 million.

Operating Cash Flow -19.43M
Capital Expenditures -1.12M
Free Cash Flow -20.55M
FCF Per Share -$0.19
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of -60.01% and -50.76%.

Gross Margin 100.00%
Operating Margin -60.01%
Pretax Margin -51.36%
Profit Margin -50.76%
EBITDA Margin -43.23%
EBIT Margin -51.36%
FCF Margin -18.13%

Dividends & Yields

WVE 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 -34.55%
Shareholder Yield -34.55%
Earnings Yield -7.72%
FCF Yield -2.76%

Analyst Forecast

The average price target for WVE is $12.50, which is 102.59% higher than the current price. The consensus rating is "Strong Buy".

Price Target $12.50
Price Target Difference 102.59%
Analyst Consensus Strong Buy
Analyst Count 6
Revenue Growth Forecast (5Y) 7.54%
EPS Growth Forecast (5Y) -18.69%
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

WVE has an Altman Z-Score of -3.33 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -3.33
Piotroski F-Score 3