Adma Biologics Inc (ADMA) stock expected to decline by -4.89%: What’s driving the pessimism?

A share price of Adma Biologics Inc [ADMA] is currently trading at $5.52, up 2.22%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ADMA shares have gain 7.18% over the last week, with a monthly amount glided 8.45%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 21, February 2024, ADMA Biologics to Report Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024. In a post published today on Yahoo Finance, Conference Call Scheduled for February 28, 2024, at 4:30 p.m. ET.

From an analyst’s perspective:

Previously, Mizuho started tracking the stock with Buy rating on October 13, 2022, and set its price target to $5. On November 11, 2021, upgrade upgraded it’s rating to Strong Buy but maintained its price target of $5 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $4.50 on November 09, 2021. Jefferies initiated its recommendation with a Buy and recommended $8 as its price target on June 04, 2019. H.C. Wainwright reiterated a Buy rating for this stock on April 15, 2019, and upped its price target to $13.

Adma Biologics Inc experienced fluctuations in its stock price throughout the past year between $2.94 and $5.46. Currently, Wall Street analysts expect the stock to reach $5.25 within the next 12 months. Adma Biologics Inc [NASDAQ: ADMA] shares were valued at $5.52 at the most recent close of the market. An investor can expect a potential drop of -4.89% based on the average ADMA price forecast.

Analyzing the ADMA fundamentals

Trailing Twelve Months sales for Adma Biologics Inc [NASDAQ:ADMA] were 234.29M which represents 63.72% growth. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.43 points at the first support level, and at 5.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.59, and for the 2nd resistance point, it is at 5.67.

Adma Biologics Inc [ADMA] reported earnings per share of $0.01 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.01/share, meaning a difference of $0.02 and a surprise factor of 200.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.03 per share as compared to estimates of -$0.02 per share, a difference of -$0.01 representing a surprise of -50.00%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Adma Biologics Inc [NASDAQ:ADMA] is 6.54. In addition, the Quick Ratio stands at 2.64 and the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 5.32, the price to book ratio is 8.24.

Transactions by insiders

Recent insider trading involved Grossman Jerrold B, Director, that happened on Aug 30 when 0.13 million shares were purchased. Director, KWON YOUNG completed a deal on Aug 24 to buy 25000.0 shares. Meanwhile, Director Fong Bryant sold 1.43 million shares on Aug 22.

Related Posts