Graybug Vision Inc. (GRAY:NSD) Analysts rate as a Buy, $3.10 target

STA Research
by: STA Research
Graybug Vision Inc.

Based on the Graybug Vision Inc. stock (gray stock) forecasts from 3 analysts, the average analyst target price for Graybug Vision Inc. is USD 3.10 over the next 12 months. Graybug Vision Inc.’s (gray stock) average analyst rating is Buy. Stock Target Advisor’s own stock analysis of Graybug Vision Inc. is Slightly Bearish, which is based on 2 positive signals and 4 negative signals. At the last closing, Graybug Vision Inc.’s (gray stock) stock price was USD 1.10. Graybug Vision Inc.’s stock price has changed by +0.11% over the past week, +0.29% over the past month and -74.06% over the last year.

The goal of Graybug Vision, Inc., a biopharmaceutical business in the clinical stages, is to create drugs to treat conditions affecting the retina and optic nerve. Graybug LLC was the company’s previous name before it changed to Graybug Vision, Inc. in 2016. Californian company Graybug Vision, Inc. was established in 2011 and has its headquarters there.

 

What we like:

Underpriced compared to book value

The stock is trading low compared to its peers on a price-to-book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

 

What we don’t like:

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk-adjusted returns

This company is delivering below median risk-adjusted returns to its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Negative cash flow

The company had negative total cash flow in the most recent four quarters.

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