Adma Biologics Inc (ADMA) Stock: A Closer Look

A share price of Adma Biologics Inc [ADMA] is currently trading at $6.34, up 2.92%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ADMA shares have gain 14.86% over the last week, with a monthly amount glided 22.39%, and seem to be holding up well over a long-time horizon.

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On 5, March 2024, ADMA Biologics to Participate in the Raymond James Institutional Investor Conference. In a post published today on Yahoo Finance, ADMA Biologics, Inc. (Nasdaq: ADMA) (“ADMA” or the “Company”), an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing, and developing specialty biologics, today announced Adam Grossman, President and Chief Executive Officer, will participate in a fireside chat at the Raymond James Institutional Investor Conference on March 6, 2024, at 11:35 a.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 $6.41. 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 $6.34 at the most recent close of the market. An investor can expect a potential drop of -17.19% based on the average ADMA price forecast.

Analyzing the ADMA fundamentals

Trailing Twelve Months sales for Adma Biologics Inc [NASDAQ:ADMA] were 258.21M which represents 47.86% growth. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.24 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.

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 6.23 points at the first support level, and at 6.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.43, and for the 2nd resistance point, it is at 6.53.

Adma Biologics Inc [ADMA] reported earnings per share of -$0.08 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.02/share, meaning a difference of -$0.1 and a surprise factor of -500.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.01 per share as compared to estimates of -$0.01 per share, a difference of $0.02 representing a surprise of 200.00%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Adma Biologics Inc [NASDAQ:ADMA] is 5.16. As well, the Quick Ratio is 1.69, while the Cash Ratio is 1.03. Considering the valuation of this stock, the price to sales ratio is 5.60, the price to book ratio is 10.60.

Transactions by insiders

Recent insider trading involved Grossman Jerrold B, Director, that happened on Aug 30 ’23 when 0.13 million shares were purchased. Director, KWON YOUNG completed a deal on Aug 24 ’23 to buy 25000.0 shares. Meanwhile, Director Fong Bryant sold 1.43 million shares on Aug 22 ’23.

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