Is Relay Therapeutics Stock a Good Investment?
Relay Therapeutics Investment Advice | RLAY |
- Examine Relay Therapeutics' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Relay Therapeutics' leadership team and their track record. Good management can help Relay Therapeutics navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Biotechnology space and any emerging trends that could impact Relay Therapeutics' business and its evolving consumer preferences.
- Compare Relay Therapeutics' performance and market position to its competitors. Analyze how Relay Therapeutics is positioned in terms of product offerings, innovation, and market share.
- Check if Relay Therapeutics pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Relay Therapeutics' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Relay Therapeutics stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Relay Therapeutics is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Relay Therapeutics Stock
Researching Relay Therapeutics' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 80.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.79. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Relay Therapeutics has Price/Earnings To Growth (PEG) ratio of 0.07. The entity recorded a loss per share of 2.52. The firm had not issued any dividends in recent years.
To determine if Relay Therapeutics is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Relay Therapeutics' research are outlined below:
| Relay Therapeutics had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 25.55 M. Net Loss for the year was (341.97 M) with profit before overhead, payroll, taxes, and interest of 1.38 M. | |
| Relay Therapeutics currently holds about 1.05 B in cash with (300.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.72, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Over 80.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Strength Seen in Relay Therapeutics Can Its 6.7 percent Jump Turn into More Strength |
Relay Therapeutics Quarterly Liabilities And Stockholders Equity |
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Relay Therapeutics uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Relay Therapeutics. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Relay Therapeutics' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Relay Therapeutics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Relay Therapeutics' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-02 | 2024-03-31 | -0.7 | -0.62 | 0.08 | 11 | ||
2022-08-04 | 2022-06-30 | -0.63 | -0.71 | -0.08 | 12 | ||
2023-05-04 | 2023-03-31 | -0.69 | -0.78 | -0.09 | 13 | ||
2023-02-23 | 2022-12-31 | -0.7 | -0.56 | 0.14 | 20 | ||
2020-11-12 | 2020-09-30 | -0.35 | -0.51 | -0.16 | 45 | ||
2023-11-02 | 2023-09-30 | -0.83 | -0.54 | 0.29 | 34 | ||
2021-03-25 | 2020-12-31 | 0.17 | 0.7 | 0.53 | 311 | ||
2021-08-12 | 2021-06-30 | -0.46 | -2.1 | -1.64 | 356 |
Know Relay Therapeutics' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Relay Therapeutics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Relay Therapeutics backward and forwards among themselves. Relay Therapeutics' institutional investor refers to the entity that pools money to purchase Relay Therapeutics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Logos Global Management Lp | 2024-06-30 | 2.6 M | Geode Capital Management, Llc | 2024-06-30 | 2.4 M | Boxer Capital Llc | 2024-06-30 | 1.8 M | Finepoint Capital Lp | 2024-06-30 | 1.6 M | Alphabet Inc | 2024-06-30 | 1.6 M | Dimensional Fund Advisors, Inc. | 2024-06-30 | 1.5 M | Goldman Sachs Group Inc | 2024-06-30 | 1.5 M | Mpm Oncology Impact Management Lp | 2024-06-30 | 1.3 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.2 M | Sb Investment Advisers (uk) Ltd | 2024-06-30 | 27.9 M | Vanguard Group Inc | 2024-06-30 | 11.7 M |
Relay Therapeutics' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.22 B.Market Cap |
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Relay Therapeutics' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.41) | (0.43) | |
| Return On Capital Employed | (0.46) | (0.48) | |
| Return On Assets | (0.41) | (0.43) | |
| Return On Equity | (0.45) | (0.43) |
Determining Relay Therapeutics' profitability involves analyzing its financial statements and using various financial metrics to determine if Relay Therapeutics is a good buy. For example, gross profit margin measures Relay Therapeutics' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Relay Therapeutics' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Relay Therapeutics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Relay Therapeutics. Check Relay Therapeutics' Beneish M Score to see the likelihood of Relay Therapeutics' management manipulating its earnings.
Evaluate Relay Therapeutics' management efficiency
Relay Therapeutics has return on total asset (ROA) of (0.2691) % which means that it has lost $0.2691 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4328) %, meaning that it created substantial loss on money invested by shareholders. Relay Therapeutics' management efficiency ratios could be used to measure how well Relay Therapeutics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.43 in 2024. Return On Capital Employed is likely to drop to -0.48 in 2024. At this time, Relay Therapeutics' Net Tangible Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 792.1 M in 2024, whereas Total Assets are likely to drop slightly above 838.5 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.13 | 6.44 | |
| Tangible Book Value Per Share | 6.12 | 6.42 | |
| Enterprise Value Over EBITDA | (3.31) | (3.47) | |
| Price Book Value Ratio | 1.79 | 1.00 | |
| Enterprise Value Multiple | (3.31) | (3.47) | |
| Price Fair Value | 1.79 | 1.00 | |
| Enterprise Value | 1.3 B | 683.8 M |
The analysis of Relay Therapeutics' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Relay Therapeutics' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Relay Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.643 |
Basic technical analysis of Relay Stock
As of the 22nd of September, Relay Therapeutics holds the Semi Deviation of 4.48, risk adjusted performance of 0.0454, and Coefficient Of Variation of 2221.85. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Relay Therapeutics, as well as the relationship between them.Relay Therapeutics' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Relay Therapeutics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Relay Therapeutics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Relay Therapeutics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Relay Therapeutics' Outstanding Corporate Bonds
Relay Therapeutics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Relay Therapeutics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Relay bonds can be classified according to their maturity, which is the date when Relay Therapeutics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| RILIN 2875 12 JAN 32 Corp BondUS759470BB24 | View | |
| RILIN 3625 12 JAN 52 Corp BondUS759470BD89 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View |
Understand Relay Therapeutics' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Relay Therapeutics' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0454 | |||
| Market Risk Adjusted Performance | 0.101 | |||
| Mean Deviation | 4.19 | |||
| Semi Deviation | 4.48 | |||
| Downside Deviation | 4.65 | |||
| Coefficient Of Variation | 2221.85 | |||
| Standard Deviation | 7.94 | |||
| Variance | 63.07 | |||
| Information Ratio | 0.0294 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.77) | |||
| Sortino Ratio | 0.0501 | |||
| Treynor Ratio | 0.091 | |||
| Maximum Drawdown | 66.18 | |||
| Value At Risk | (7.12) | |||
| Potential Upside | 8.59 | |||
| Downside Variance | 21.64 | |||
| Semi Variance | 20.07 | |||
| Expected Short fall | (4.97) | |||
| Skewness | 4.4 | |||
| Kurtosis | 28.45 |
| Risk Adjusted Performance | 0.0454 | |||
| Market Risk Adjusted Performance | 0.101 | |||
| Mean Deviation | 4.19 | |||
| Semi Deviation | 4.48 | |||
| Downside Deviation | 4.65 | |||
| Coefficient Of Variation | 2221.85 | |||
| Standard Deviation | 7.94 | |||
| Variance | 63.07 | |||
| Information Ratio | 0.0294 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.77) | |||
| Sortino Ratio | 0.0501 | |||
| Treynor Ratio | 0.091 | |||
| Maximum Drawdown | 66.18 | |||
| Value At Risk | (7.12) | |||
| Potential Upside | 8.59 | |||
| Downside Variance | 21.64 | |||
| Semi Variance | 20.07 | |||
| Expected Short fall | (4.97) | |||
| Skewness | 4.4 | |||
| Kurtosis | 28.45 |
Consider Relay Therapeutics' intraday indicators
Relay Therapeutics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Relay Therapeutics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Relay Therapeutics Corporate Filings
| 11th of September 2024 Other Reports | ViewVerify | |
8K | 9th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 31st of July 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 23rd of April 2024 Other Reports | ViewVerify |
Relay Stock media impact
Far too much social signal, news, headlines, and media speculation about Relay Therapeutics that are available to investors today. That information is available publicly through Relay media outlets and privately through word of mouth or via Relay internal channels. However, regardless of the origin, that massive amount of Relay data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Relay Therapeutics news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Relay Therapeutics relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Relay Therapeutics' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Relay Therapeutics alpha.
Relay Therapeutics Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Relay Therapeutics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Relay Therapeutics Corporate Management
| Deborah Palestrant | Vice Strategy | Profile | |
| MA MBA | Pres CEO | Profile | |
| Thomas Catinazzo | Chief Officer | Profile | |
| Andy Porter | Chief Officer | Profile | |
| Jim Watters | Chief Research | Profile |
Additional Tools for Relay Stock Analysis
When running Relay Therapeutics' price analysis, check to measure Relay Therapeutics' 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 Relay Therapeutics is operating at the current time. Most of Relay Therapeutics' value examination focuses on studying past and present price action to predict the probability of Relay Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Relay Therapeutics' price. Additionally, you may evaluate how the addition of Relay Therapeutics to your portfolios can decrease your overall portfolio volatility.