Twist Bioscience Corp [TWST] stock is trading at $36.03, up 1.75%. An important factor to consider is whether the stock is rising or falling in short-term value. The TWST shares have gain 4.25% over the last week, with a monthly amount drifted -6.07%, and not seem to be holding up well over a long-time horizon.
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On 5, March 2024, Twist Bioscience Launches IVDR-compliant Precision Dx Products for Whole Exome Sequencing. In a post published today on Yahoo Finance, Precision Dx Products are CE-marked and compliant with EU IVDR 2017/746 regulations.
From an analyst’s perspective:
Twist Bioscience Corp [NASDAQ: TWST] stock has seen the most recent analyst activity on January 17, 2024, when Goldman upgraded its rating to a Buy and also boosted its price target to $45 from $25. Previously, Berenberg started tracking the stock with Buy rating on September 27, 2023, and set its price target to $27. On January 05, 2023, Scotiabank initiated with a Sector Outperform rating and assigned a price target of $33 on the stock. Evercore ISI upgraded its rating to a Outperform and increased its price target to $36 on January 03, 2023. In a note dated June 29, 2021, William Blair initiated an Outperform rating.
Twist Bioscience Corp [TWST] stock has fluctuated between $11.46 and $43.21 over the past year. Currently, Wall Street analysts expect the stock to reach $34 within the next 12 months. Twist Bioscience Corp [NASDAQ: TWST] shares were valued at $36.03 at the most recent close of the market. An investor can expect a potential drop of -5.63% based on the average TWST price forecast.
Analyzing the TWST fundamentals
Twist Bioscience Corp [NASDAQ:TWST] reported sales of 262.36M for the trailing twelve months, which represents a growth of 31.81%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at -0.84%, Pretax Profit Margin comes in at -0.78%, and Net Profit Margin reading is -0.78%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -0.32 and Total Capital is -0.33. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.
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 35.17 points at the first support level, and at 34.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.90, and for the 2nd resistance point, it is at 37.78.
Twist Bioscience Corp [TWST] reported earnings per share of -$0.75 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 -$0.78/share, meaning a difference of $0.03 and a surprise factor of 3.80%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.81 per share as compared to estimates of -$0.92 per share, a difference of $0.11 representing a surprise of 12.00%.
Ratios To Look Out For
For context, Twist Bioscience Corp’s Current Ratio is 5.98. On the other hand, the Quick Ratio is 5.51, and the Cash Ratio is 4.08. Considering the valuation of this stock, the price to sales ratio is 7.94, the price to book ratio is 3.53.
Transactions by insiders
Recent insider trading involved Cho Dennis, that happened on Mar 14 ’24 when 93.0 shares were sold. Chief Executive Officer, Leproust Emily M. completed a deal on Mar 06 ’24 to sell 1487.0 shares. Meanwhile, SVP of Human Resources Green Paula sold 600.0 shares on Mar 06 ’24.
