Wave Life Sciences Stock Today

WVE Stock  USD 6.04  0.38  6.71%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 11

 
100  
 
Zero
Low
Wave Life is trading at 6.04 as of the 28th of March 2024, a 6.71 percent increase since the beginning of the trading day. The stock's lowest day price was 5.65. Wave Life has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Wave Life Sciences are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
11th of November 2015
Category
Healthcare
Classification
Health Care
Wave Life Sciences Ltd., a clinical stage genetic medicine company, designs, optimizes, and produces novel stereopure oligonucleotides through PRISM, a discovery and drug developing platform. The company was incorporated in 2012 and is based in Singapore. The company has 122.28 M outstanding shares of which 3 M shares are at this time shorted by investors with about 3.75 days to cover. More on Wave Life Sciences

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Wave Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wave Life's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wave Life or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentMD MBA
Business ConcentrationPharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Health Care, Health Care, Pharmaceuticals, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Wave Life report their recommendations after researching Wave Life's financial statements, talking to executives and customers, or listening in on Wave Life's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Wave Life Sciences. The Wave consensus assessment is calculated by taking the average forecast from all of the analysts covering Wave Life.
Financial Strength
Based on the measurements of operating efficiency obtained from Wave Life's historical financial statements, Wave Life Sciences is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Wave Life Sciences is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.430.4121
Sufficiently Up
Slightly volatile
Total Current Liabilities195.8 M186.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total59 M41 M
Way Up
Slightly volatile
Total Assets200.5 M274.9 M
Way Down
Slightly volatile
Total Current Assets158 M235.4 M
Way Down
Slightly volatile
Wave Life's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Wave Life's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wave Life's financial leverage. It provides some insight into what part of Wave Life's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Wave Life's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Wave Life deploys its capital and how much of that capital is borrowed.
Liquidity
Wave Life cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 32.12 M in debt with debt to equity (D/E) ratio of 1.02, which is OK given its current industry classification. Wave Life Sciences has a current ratio of 2.45, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Wave Life until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Life's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wave Life Sciences sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Life's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

(21.57 Million)
Wave Life Sciences (WVE) is traded on NASDAQ Exchange in USA. It is located in Marina One East Tower, Singapore, Singapore, 018936 and employs 266 people. Wave Life is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 736.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wave Life's market, we take the total number of its shares issued and multiply it by Wave Life's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Wave Life Sciences runs under Pharmaceuticals sector within Health Care industry. The entity has 122.28 M outstanding shares of which 3 M shares are at this time shorted by investors with about 3.75 days to cover. Wave Life Sciences has about 148.16 M in cash with (19.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.71.
Check Wave Life Probability Of Bankruptcy
Ownership Allocation
Wave Life Sciences retains a total of 122.28 Million outstanding shares. The majority of Wave Life outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Wave Life Sciences to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Wave Life Sciences. Please pay attention to any change in the institutional holdings of Wave Life Sciences as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Wave Ownership Details

Wave Stock Price Odds Analysis

What are Wave Life's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Wave Life jumping above the current price in 90 days from now is about 10.67%. The Wave Life Sciences probability density function shows the probability of Wave Life stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Wave Life Sciences has a beta of -0.0988. This entails as returns on benchmark increase, returns on holding Wave Life are expected to decrease at a much lower rate. During the bear market, however, Wave Life Sciences is likely to outperform the market. Additionally, wave Life Sciences has an alpha of 0.4056, implying that it can generate a 0.41 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 6.04HorizonTargetOdds Above 6.04
89.28%90 days
 6.04 
10.67%
Based on a normal probability distribution, the odds of Wave Life to move above the current price in 90 days from now is about 10.67 (This Wave Life Sciences probability density function shows the probability of Wave Stock to fall within a particular range of prices over 90 days) .

Wave Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Wave Life that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Wave Life's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Wave Life's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
1.5 M
Maven Securities Ltd2023-12-31
1.5 M
Woodline Partners Lp2023-12-31
1.4 M
Vanguard Group Inc2023-12-31
1.3 M
State Street Corporation2023-12-31
1.3 M
Fmr Inc2023-12-31
1.2 M
Laurion Capital Management Lp2023-09-30
871.5 K
Goldman Sachs Group Inc2023-12-31
782.3 K
Junked Platinum Investment Management Ltd2023-12-31
655.3 K
Ra Capital Management, Llc3023-12-31
18.2 M
Maverick Capital Ltd2023-12-31
8.4 M
View Wave Life Diagnostics

Wave Life Historical Income Statement

Wave Life Sciences Income Statement is one of the three primary financial statements used for reporting Wave's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Wave Life Sciences revenue and expense. Wave Life Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Wave Life's Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 119 M, whereas Selling General Administrative is forecasted to decline to about 33.7 M. View More Fundamentals

Wave Stock Against Markets

Picking the right benchmark for Wave Life stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wave Life stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wave Life is critical whether you are bullish or bearish towards Wave Life Sciences at a given time. Please also check how Wave Life's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Wave Life without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Wave Life Corporate Directors

Wave Life corporate directors refer to members of a Wave Life board of directors. The board of directors generally takes responsibility for the Wave Life's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Wave Life's board members must vote for the resolution. The Wave Life board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Masaharu TanakaIndependent DirectorProfile
Adrian RawcliffeIndependent DirectorProfile
Takeshi WadaIndependent DirectorProfile
Peter KolchinskyIndependent DirectorProfile

How to buy Wave Stock?

Before investing in Wave Life, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Wave Life. To buy Wave Life stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wave Life. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Wave Life stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Wave Life Sciences stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Wave Life Sciences stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Wave Life Sciences, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Wave Stock please use our How to Invest in Wave Life guide.

Already Invested in Wave Life Sciences?

The danger of trading Wave Life Sciences is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wave Life is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wave Life. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wave Life Sciences is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wave Life Sciences is a strong investment it is important to analyze Wave Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wave Life's future performance. For an informed investment choice regarding Wave Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wave Life Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Wave Life's price analysis, check to measure Wave Life's 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 Wave Life is operating at the current time. Most of Wave Life's value examination focuses on studying past and present price action to predict the probability of Wave Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Life's price. Additionally, you may evaluate how the addition of Wave Life to your portfolios can decrease your overall portfolio volatility.
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Is Wave Life's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wave Life. If investors know Wave will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wave Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.54)
Revenue Per Share
1.068
Quarterly Revenue Growth
22.451
Return On Assets
(0.20)
Return On Equity
(11.18)
The market value of Wave Life Sciences is measured differently than its book value, which is the value of Wave that is recorded on the company's balance sheet. Investors also form their own opinion of Wave Life's value that differs from its market value or its book value, called intrinsic value, which is Wave Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wave Life's market value can be influenced by many factors that don't directly affect Wave Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wave Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wave Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wave Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.