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NYSE:DNMR

Danimer Scientific (DNMR) Stock Price, News & Analysis

Danimer Scientific logo
$6.50 +0.50 (+8.33%)
(As of 11/29/2024 ET)

About Danimer Scientific Stock (NYSE:DNMR)

Key Stats

Today's Range
$6.00
$7.20
50-Day Range
$4.59
$18.40
52-Week Range
$4.42
$73.60
Volume
68,402 shs
Average Volume
91,430 shs
Market Capitalization
$19.63 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.83
Consensus Rating
Reduce

Company Overview

Danimer Scientific, Inc., a performance polymer company, provides bioplastic replacements for traditional petroleum-based plastics in the United States, Germany, Poland, Belgium, Austria, and internationally. It produces polyhydroxyalkanoate, a biodegradable plastic feedstock alternative under the Nodax brand name for applications in films, straws, cutlery, food containers, and others; polylactic acid-based resins for coating disposable paper cups; and other biopolymers. The company products are used in various applications, including additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. It also markets its products to consumer packaging brand owners, converters, and manufacturers in the plastics industry. Danimer Scientific, Inc. was founded in 2004 and is headquartered in Bainbridge, Georgia.

Danimer Scientific Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
41st Percentile Overall Score

DNMR MarketRank™: 

Danimer Scientific scored higher than 41% of companies evaluated by MarketBeat, and ranked 139th out of 181 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Danimer Scientific has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Danimer Scientific has only been the subject of 2 research reports in the past 90 days.

  • Read more about Danimer Scientific's stock forecast and price target.
  • Earnings Growth

    Earnings for Danimer Scientific are expected to grow in the coming year, from ($32.10) to ($19.12) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Danimer Scientific is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Danimer Scientific is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Danimer Scientific has a P/B Ratio of 0.09. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    16.56% of the float of Danimer Scientific has been sold short.
  • Short Interest Ratio / Days to Cover

    Danimer Scientific has a short interest ratio ("days to cover") of 11.8, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Danimer Scientific has recently decreased by 97.79%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Danimer Scientific does not currently pay a dividend.

  • Dividend Growth

    Danimer Scientific does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    16.56% of the float of Danimer Scientific has been sold short.
  • Short Interest Ratio / Days to Cover

    Danimer Scientific has a short interest ratio ("days to cover") of 11.8, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Danimer Scientific has recently decreased by 97.79%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Danimer Scientific has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Danimer Scientific this week, compared to 1 article on an average week.
  • Search Interest

    4 people have searched for DNMR on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Danimer Scientific insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    16.60% of the stock of Danimer Scientific is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 33.84% of the stock of Danimer Scientific is held by institutions.

  • Read more about Danimer Scientific's insider trading history.
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DNMR Stock News Headlines

Danimer Scientific price target lowered to $5.50 from $40 at TD Cowen
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Danimer Scientific Reports Q3 2024 Financial Results
See More Headlines

DNMR Stock Analysis - Frequently Asked Questions

Danimer Scientific's stock was trading at $30.60 at the start of the year. Since then, DNMR shares have decreased by 78.8% and is now trading at $6.50.
View the best growth stocks for 2024 here
.

Danimer Scientific's stock reverse split before market open on Wednesday, November 13th 2024. The 1-40 reverse split was announced on Friday, November 1st 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, November 12th 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Top institutional investors of Danimer Scientific include Geode Capital Management LLC (36.93%), Capital Investment Advisors LLC (0.54%), Diversified Trust Co (0.37%) and State Street Corp (11.25%). Insiders that own company stock include Stuart W Pratt and Scott Tuten.
View institutional ownership trends
.

Shares of DNMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Danimer Scientific investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), PayPal (PYPL), JPMorgan Chase & Co. (JPM) and Palantir Technologies (PLTR).

Company Calendar

Today
11/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Plastics materials & resins
Sub-Industry
N/A
Fax
N/A
Employees
257
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.83
High Stock Price Target
$32.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+112.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$-155,470,000.00
Net Margins
-297.10%
Pretax Margin
-297.08%

Debt

Sales & Book Value

Annual Sales
$46.68 million
Book Value
$70.07 per share

Miscellaneous

Free Float
2,519,000
Market Cap
$19.63 million
Optionable
Optionable
Beta
1.63
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This page (NYSE:DNMR) was last updated on 12/1/2024 by MarketBeat.com Staff
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