Adaptimmune Therapeutics Plc ADR (ADAP) is expected to grow earnings and revenues in the years ahead

Adaptimmune Therapeutics Plc ADR [ADAP] stock is trading at $1.52, up 5.56%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ADAP shares have gain 7.80% over the last week, with a monthly amount drifted -7.32%, and not seem to be holding up well over a long-time horizon.

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On 6, March 2024, Adaptimmune Reports Q4/Full Year 2023 Financial Results and Business Updates. In a post published today on Yahoo Finance, U.S. FDA accepted BLA for afami-cel for the treatment of advanced synovial sarcoma with priority review and a PDUFA date of August 4th, 2024.

From an analyst’s perspective:

Adaptimmune Therapeutics Plc ADR [NASDAQ: ADAP] stock has seen the most recent analyst activity on March 24, 2023, when Bryan Garnier initiated its Buy rating and assigned the stock a price target of $3.60. Previously, Guggenheim upgraded its rating to Buy on January 03, 2023, and kept the price target unchanged to $5. On November 09, 2022, upgrade upgraded it’s rating to Buy but maintained its price target of $9 on the stock. Barclays started tracking the stock assigning a Underweight rating and suggested a price target of $4 on May 28, 2021. Mizuho initiated its recommendation with a Neutral and recommended $3 as its price target on April 22, 2020. Guggenheim downgraded its rating to Neutral for this stock on August 02, 2019. In a note dated May 31, 2019, ROTH Capital initiated an Buy rating.

Adaptimmune Therapeutics Plc ADR [ADAP] stock has fluctuated between $0.42 and $2.05 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Adaptimmune Therapeutics Plc ADR [NASDAQ: ADAP] shares were valued at $1.52 at the most recent close of the market. An investor can expect a potential return of 97.37% based on the average ADAP price forecast.

Analyzing the ADAP fundamentals

Adaptimmune Therapeutics Plc ADR [NASDAQ:ADAP] reported sales of 60.69M for the trailing twelve months, which represents a drop of -97.90%. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at -2.38%, Pretax Profit Margin comes in at -1.94%, and Net Profit Margin reading is -1.9%. To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is -1.35 and Total Capital is -0.68. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.

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 1.4100 points at the first support level, and at 1.3000 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6000, and for the 2nd resistance point, it is at 1.6800.

Ratios To Look Out For

For context, Adaptimmune Therapeutics Plc ADR’s Current Ratio is 2.85. Further, the Quick Ratio stands at 2.85, while the Cash Ratio is 1.98. Considering the valuation of this stock, the price to sales ratio is 5.69, the price to book ratio is 8.74.

Transactions by insiders

Recent insider trading involved Rawcliffe Adrian, Chief Executive Officer, that happened on Jan 17 ’24 when 30080.0 shares were sold. Chief Operating Officer, Bertrand William C JR completed a deal on Jan 17 ’24 to sell 18908.0 shares. Meanwhile, Chief Medical Officer Norry Elliot sold 18276.0 shares on Jan 17 ’24.

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