GBA Presents: House of Gummy-!

Discussion in 'Stocks' started by stonedinvestor, May 13, 2023.




  1. THIS HAS ME MUCHO TENSE-
     
    #5121     Aug 14, 2023
  2. vanzandt

    vanzandt

    Nailed it didn't I? :D
    No software though>>> it just is what it is.
     
    #5122     Aug 14, 2023
  3. I'D HAVE TO RANK THIS CHART A TOP 5 CHART-- GOOD ONE TED!

    The stock is up more than 17% this year and reached a 52-week high on Thursday.


    ADMA makes plasma-derived biologics to treat infectious diseases and immune deficiencies. The company reported second-quarter revenue of $60.1 million, up 77% year over year. It also trimmed its losses by 74% over the same period last year, to $3.6 million.

    The company also increased its yearly guidance. It now expects 2023 revenue of $240 million, up from an earlier forecast of $220 million. It also increased guidance for the next two years, saying it now expects at least $275 million and $325 million in annual revenue in 2024 and 2025, respectively. That compares to earlier forecasts of $250 million for 2024 and $300 million for 2025.

    Perhaps as important, the company was able to cut its costs to improve its margins. At its current pace, it could be profitable later this year.

    Now what
    The company has three products, but it is Asceniv that is leading the surge in revenue. The therapy is an intravenous injection of 10% immune globulin liquid to treat primary humoral immunodeficiency.


    ADMA said it is ramping up the making of Asceniv with improved 4,400 liter production scale, leading to improved margins. The company said the expanded production could drive improved revenue later this year.

    At least three analysts upgraded their positions on the stock after the earnings report. HC Wainwright raised ADMA's price target from $4.50 to $5, Raymond James increased ADMA's price target from $5 to $6, and Mizuho raised the stock's price target from $6 to $7.
     
    #5123     Aug 14, 2023


  4. DO YOU WANT MORE OF THIS-?
     
    #5124     Aug 14, 2023
  5. vanzandt

    vanzandt

    You liked that 4444 call didn't ya?

    Whatever, I do it for free. ;)
     
    #5125     Aug 14, 2023



  6.  
    #5126     Aug 14, 2023


  7. do you want more-!
     
    #5127     Aug 14, 2023
  8. #5128     Aug 14, 2023
  9. Overnight

    Overnight

    He's talking about his own call, not yours.
     
    #5129     Aug 14, 2023
  10. vanzandt

    vanzandt

    Time is time.
    Time to short however?
    Not sure what you mean.
     
    #5130     Aug 14, 2023