Is It the fundamentals that draw people into GCP Applied Technologies Inc. [GCP]

In a recent bid GCP Applied Technologies Inc. [GCP] faced a contemporary bid of $23.97 yielding a -2.68% decline where 1.02 million shares have exchanged hands over the last week. GCP amount got a boost by 0.59% or $0.14 versus $23.83 at the end of the prior session. This change led market cap to move at 1.77B, putting the price 68.33% below the 52-week high and -13.22% above the 52-week low. The company’s stock has a normal trading capacity of 1.02 million shares while the relative volume is 4.36.

On 6, November 2020, GCP Applied Technologies Reports Third Quarter 2020 Results. According to news published on Yahoo Finance, 3Q20 Net sales $248.4 million down 7%.

Analyst Birdseye View:

The most recent analyst activity for GCP Applied Technologies Inc. [NYSE:GCP] stock was on December 13, 2018, when it was Resumed with a Neutral rating from CL King. On November 14, 2018, Seaport Global Securities Downgrade a Neutral rating. On November 08, 2018, KeyBanc Capital Mkts Downgrade a Sector weight rating. On August 08, 2018, Monness Crespi & Hardt Downgrade a Neutral rating. On October 30, 2017, Cowen Initiated a Market perform rating and boosted its amount on this stock to $31.

In the past 52 weeks of trading, this stock has oscillated between a low of $14.24 and a peak of $27.62. Right now, according to Wall Street analyst the average 12-month amount target is $25.00. At the most recent market close, shares of GCP Applied Technologies Inc. [NYSE:GCP] were valued at $23.97. According to the average price forecast, investors can expect a potential return of 0.0%.

FUNDAMENTAL ANALYSIS

GCP Applied Technologies Inc. [NYSE:GCP] most recently reported quarterly sales of 248.4 billion, which represented growth of -6.90%. This publicly-traded organization’s revenue is $506,750 per employee, while its income is $20,300 per employee. This company’s Gross Margin is currently 38.80%, its Operating Margin is 17.70%, its Pretax Margin is +3.39, and its Net Margin is +4.01. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 3.14, 7.98, 10.43 and 4.69 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 41.29 and the whole liability to whole assets at 29.10. It shows enduring liability to the whole principal at 40.12 and enduring liability to assets at 0.28 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 23.22 points at 1st support level, the second support level is making up to 22.46. But as of 1st resistance point, this stock is sitting at 24.70 and at 25.42 for 2nd resistance point.

GCP Applied Technologies Inc. [GCP] reported its earnings at $0.3 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.21/share signifying the difference of 0.09 and 42.90% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.09 calling estimates for -$0.01/share with the difference of 0.1 depicting the surprise of 1,000.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for GCP Applied Technologies Inc. [NYSE:GCP] is 3.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.53. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.63, it’s amount to book ratio is 3.07 and showing 16.62 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Lauzon Armand F Jr, Director, and it was the purchase of 16000.0 shares on Nov 17.