SIGA stock: buy or sell?

SIGA stock price: $5.90 3.33% At close on May 21st, 2019

Updated on:
May 21st, 2019

0

Shares of SIGA Technologies jumped a phenomenal 3.33% and closed at $5.90. Counting Tuesday, it's been 3 climbing days in a row, gaining $0.37 or 6.55%.

Should I buy SIGA stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, SIGA stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is SIGA stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for SIGA stock for the last month.

SIGA stock analysis

Daily outlook

SIGA shares jumped 3.33% to $5.90 today.

Shares of SIGA Technologies jumped a phenomenal 3.33% and closed at $5.90. From a daily perspective, SIGA is in a short term uptrend after plotting its last bottom ($5.36, on Wednesday) higher than the previous bottom, and its last top ($5.86, on Thursday) also over the previous top. Now trading in between its last bottom and last top SIGA might consolidate in a plain range, waiting to break out over $5.86 or down under $5.36. Since March when SIGA stock price broke down the SMA100d line, it slid $-0.43 per share (-6.79%).

SIGA stock chart (daily)

Weekly outlook

SIGA ended this week at $5.90 and climbed an astounding 5.73%. Early April SIGA plunged a hair-raising -9.61% in just one week.

Since late February, when SIGA stock price broke down the 40-weeks moving avarage line, it slid $-0.93 per share (-13.62%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high SIGA hit late August 2018 and since then the price is -30.34% below that top.

SIGA stock chart (weekly)

SIGA stock price history

SIGA stock went public on November 2nd, 2017 with a price of $4.921. Since then, SIGA stock grew a 19.90%, with an average of 19.90% per year. If you had invested $1,000 in SIGA stock in 2017, it would worth $199.00 today.

1: Adjusted price after possible price splits or reverse-splits.

SIGA stock historical price chart

SIGA stock reached all-time highs on August with a price of $8.47.

SIGA stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' SIGA stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price forecast for SIGA stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when SIGA posted its last earnings report, it decreased a lame -1.34%. As soon as we get its posted EPS from the earnings report, we will update this report.
SIGA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-04-03n/an/an/a
2018-Q12018-05-04n/a-0.15n/a
2018-Q22018-08-07n/a-0.09n/a
2018-Q32018-11-06n/a4.71n/a
2018-Q42019-04-02n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, SIGA annual turnover climbed an outstanding 3,788.29% to $477.05 M USD from $12.27 marked in 2017. Similarly, its profit margin (compared to sales) climbed to 88.42%, that is $421.81 million.

SIGA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$5.52 M-$-17.18 M-311.2%-
2014$3.14 M-43.12%$-265.46 M-8454.7%1,445.19%
2015$8.18 M160.39%$-39.45 M-482.5%-85.14%
2016$15 M83.31%$-39.70 M-264.9%0.63%
2017$12 M-18.14%$-36.24 M-295.3%-8.72%
2018$477 M3,788.29%$422 M88.4%-1,264.07%

Quarterly financial results

SIGA posted $1.57 million in revenues for 2018-Q4, a -99.67% decline compared to previous quarter. Reported quarter earnings marked $52.39 M with a profit margin of 3,338.47%. Profit margin boosted a 3,256.09% compared to previous quarter when profit margin was 82.38%. When comparing revenues to same quarter last year, SIGA Technologies sales marked a wonderful increase and rocketed a 11.11%.
SIGA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$5 M-$-9 M-165.6%-
2017-Q2$4 M-18.08%$-8 M-176.1%-12.89%
2017-Q3$1 M-67.37%$-10 M-706.1%30.89%
2017-Q4$1 M1.59%$-10 M-729.5%4.95%
2018-Q1$2 M23.76%$-12 M-662.6%12.42%
2018-Q2$3 M52.25%$-7 M-265.0%-39.12%
2018-Q3$471 M17,601.47%$388 M82.4%-5,603.27%
2018-Q4$2 M-99.67%$52 M3338.5%-86.50%

SIGA ownership

When you are planning to buy shares of a company, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For SIGA, 33.03% of all outstanding shares are owned by its staff.

In case of SIGA Technologies stock, 30.24% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SIGA stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to SIGA:

SIGAACHNBCRXCMRXEBS
Market cap$477.5 M$398.1 M$383.9 M$174.1 M$2.3 B
Total shares80.9 M138.7 M110.3 M51.1 M51.4 M
Float shares49.8 M124.7 M62.3 M37.8 M43.1 M
  - Institutional holdings (%)30.2%78.6%93.6%82.0%85.4%
  - Insider holdings (%)33.0%0.1%1.0%2.5%14.9%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

SIGA summary

Tuesday, May 21st, 2019
Open$5.95
Close$5.90
Day range$5.75 - $6.20
Previous close$5.71
Session gain3.33%
Average true range$0.29
50d mov avg$5.66
100d mov avg$6.30
200d mov avg$6.35
Daily patternlt06a
Weekly pattern lb06a

SIGA performance

To measure stock performance is always good to benchmark with competitors or related stocks. We chose Achillion Pharmaceuticals, BioCryst Pharmaceuticals, Chimerix, Emergent Biosolutions, NovaBay Pharmaceuticals, NewLink Genetics, NanoViricides, Sarepta Therapeutics and Sinovac Biotech as the bechmarking frame for SIGA stock.
Stock3m6m12m
SIGASIGA Technologies-13.62%9.46%-3.44%
ACHNAchillion Pharmac...14.80%-1.71%-20.06%
BCRXBioCryst Pharmace...-61.33%-62.78%-42.76%
CMRXChimerix77.60%4.28%-26.35%
EBSEmergent Biosolut...-30.11%-37.79%-11.46%
NBYNovaBay Pharmaceu...-73.88%-71.07%-86.27%
NLNKNewLink Genetics0.61%-14.43%-69.26%
NNVCNanoViricides-37.50%-28.57%-52.83%
SRPTSarepta Therapeut...-16.01%-1.49%28.28%
SVASinovac Biotech-10.14%2.54%-21.00%

SIGA competitors

We picked a few stocks to conform a list of SIGA competitors to examine if you are interested in investing in SIGA: