Catalyst Pharmaceuticals Inc (CPRX) stock forecast: Can it reach its 52-week high of $18.22

A share price of Catalyst Pharmaceuticals Inc [CPRX] is currently trading at $15.22, down -3.73%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CPRX shares have gain 0.33% over the last week, with a monthly amount drifted -8.42%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Catalyst Pharmaceuticals Inc [NASDAQ: CPRX] stock has seen the most recent analyst activity on March 14, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $27. Previously, BofA Securities started tracking the stock with Buy rating on March 07, 2024, and set its price target to $23. On December 21, 2023, Oppenheimer initiated with a Outperform rating and assigned a price target of $30 on the stock. ROTH Capital downgraded its rating to a Neutral and increased its price target to $15.50 on August 24, 2022. Cantor Fitzgerald initiated its recommendation with a Overweight. In a note dated October 05, 2016, Piper Jaffray upgraded an Overweight rating on this stock.

Catalyst Pharmaceuticals Inc experienced fluctuations in its stock price throughout the past year between $11.09 and $18.22. Currently, Wall Street analysts expect the stock to reach $19.38 within the next 12 months. Catalyst Pharmaceuticals Inc [NASDAQ: CPRX] shares were valued at $15.22 at the most recent close of the market. An investor can expect a potential return of 27.33% based on the average CPRX price forecast.

Analyzing the CPRX fundamentals

Trailing Twelve Months sales for Catalyst Pharmaceuticals Inc [NASDAQ:CPRX] were 398.20M which represents 81.98% growth. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.2 and Total Capital is 0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

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 14.91 points at the first support level, and at 14.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.69, and for the 2nd resistance point, it is at 16.17.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Catalyst Pharmaceuticals Inc [NASDAQ:CPRX] is 2.88. In addition, the Quick Ratio stands at 2.68 and the Cash Ratio stands at 1.81. Considering the valuation of this stock, the price to sales ratio is 4.50, the price to book ratio is 4.20 and price to earnings (TTM) ratio is 24.98.

Transactions by insiders

Recent insider trading involved Tierney David S, Director, that happened on Apr 08 ’24 when 25000.0 shares were sold. Chief Compliance/Legal Officer, Elsbernd Brian completed a deal on Mar 27 ’24 to sell 25000.0 shares. Meanwhile, Director Harper Molly sold 14000.0 shares on Dec 15 ’23.

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