Danimer Scientific downgraded at Piper Sandler on slower revenue growth [Seeking Alpha]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
Check Earnings Report
Company Research
Source: Seeking Alpha
They said revenue growth for the maker of biotech plastics like will be less than they previously estimated. “Although there has been some clarity gained in the last three to four months, the potential for a slower revenue ramp could remain a concern for investors,” Charles Neivert, analyst at Piper Sandler, said in an April 8 report. “Even assuming the company's more optimistic view of anticipated revenue growth, Danimer ( DNMR ) may still need to return to the market for an additional capital raise before the end of 2024 in order to maintain adequate levels of cash to operate at needed levels to supply existing contract obligations.” Piper cut its price target for Danimer ( DNMR ) to $1.25 a share from $3.50 a share previously, based on an estimated enterprise value that's 27.5 times earnings before interest, taxes, depreciation and amortization for 2025. Recommended For You More Trending News Recommended For You More Trending News About DNMR Stock Related Stocks T
Show less
Read more
Impact Snapshot
Event Time:
PIPR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PIPR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PIPR alerts
High impacting Piper Sandler Companies news events
Weekly update
A roundup of the hottest topics
PIPR
News
- Why Expedia (EXPE) Stock Is Trading Lower Today [Yahoo! Finance]Yahoo! Finance
- NovoCure Limited (NASDAQ:NVCR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- NovoCure (NVCR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CDN Vendors Seeing More Pricing Pressure From The Largest Customers, Getting Less Traffic Commits And Growth [Seeking Alpha]Seeking Alpha
- How Many Shares Of JPMorgan Chase & Co Do You Need To Earn $100 Per Month In Dividend Income? [Yahoo! Finance]Yahoo! Finance
PIPR
Earnings
- 4/29/24 - Beat
PIPR
Sec Filings
- 4/26/24 - Form 8-K
- 4/12/24 - Form DEFA14A
- 4/12/24 - Form DEFA14A
- PIPR's page on the SEC website