Twist Bioscience Corporation (TWST) (Q3FY23)
Stock Performance – Twist Bioscience’s stock price showed a volatile trend in
past 3 months. It gave 11.06% returns during the period. The stock price declined by 41.5% in past 1-year. The stock has a 52- week high of $40.50 and its 52-week low is $11.46. In the past 3 years, the stock has declined by 70.5%. TWST has a 50- day moving Avg. and 200-day moving Avg. of $22.36 and $20.14, respectively.
Revenue Performance – TWST revenues for the third quarter of fiscal 2023 were $63.7mn compared to $56.1mn for the same period of fiscal 2022. In the nine months ended June 30, 2023, cost of revenues increased to $113mn from $87.7mn in the nine months ended June 30, 2022.
Company Guidance for FY23 – TWST expect the revenue to be ~$241mn to $242mn for FY23. Gross margin is expected to be 36%, at the high end of the range of previous guidance of 35-36%. Operating expenses including R&D and SG&A are expected to be approximately $308mn.
The company entered a new and significant market through the launch of a portfolio of RNA sequencing tools is a strategic move that can have a profound impact on a company’s growth and position in the industry. The company is diversifying its product offerings and entering a previously untapped market related to RNA sequencing tools.
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– Enterprise Value
– CrispIdea Forecast
– Peer Valuation
– Economic Value Analysis
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum
Actual & Historical Performance
– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Segment Performance
– Key Developments
– Price Performance
Stock Price Performance
No of Pages: 31
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