SpringWorks Therapeutics Inc (SWTX) stock poised to deliver a potential return of 68.96%

At the time of writing, SpringWorks Therapeutics Inc [SWTX] stock is trading at $43.40, up 2.09%. An important factor to consider is whether the stock is rising or falling in short-term value. The SWTX shares have lost -1.85% over the last week, with a monthly amount drifted -13.68%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

SpringWorks Therapeutics Inc [NASDAQ: SWTX] stock has seen the most recent analyst activity on February 05, 2024, when Guggenheim initiated its Buy rating and assigned the stock a price target of $75. Previously, BofA Securities started tracking the stock with Buy rating on December 01, 2022, and set its price target to $45. On January 19, 2021, H.C. Wainwright reiterated its Buy rating and revised its price target to $101 on the stock. H.C. Wainwright reiterated its Buy rating and increased its price target to $73 on October 29, 2020. Barclays initiated its recommendation with a Overweight and recommended $48 as its price target on May 05, 2020. H.C. Wainwright upgraded its rating to Buy for this stock on March 19, 2020, and upped its price target to $60. In a note dated March 04, 2020, H.C. Wainwright downgraded an Neutral rating on this stock but restated the target price of $40.

For the past year, the stock price of SpringWorks Therapeutics Inc fluctuated between $18.00 and $53.92. Currently, Wall Street analysts expect the stock to reach $73.33 within the next 12 months. SpringWorks Therapeutics Inc [NASDAQ: SWTX] shares were valued at $43.40 at the most recent close of the market. An investor can expect a potential return of 68.96% based on the average SWTX price forecast.

Analyzing the SWTX fundamentals

Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at -15.3%, Pretax Profit Margin comes in at -14.5%, and Net Profit Margin reading is -14.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.44, Equity is -0.65 and Total Capital is -0.53. 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 42.55 points at the first support level, and at 41.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.87, and for the 2nd resistance point, it is at 44.33.

Ratios To Look Out For

It is important to note that SpringWorks Therapeutics Inc [NASDAQ:SWTX] has a current ratio of 6.41. On the other hand, the Quick Ratio is 6.37, and the Cash Ratio is 2.25. Considering the valuation of this stock, the price to sales ratio is 587.61, the price to book ratio is 5.09.

Transactions by insiders

Recent insider trading involved Pichl Daniel, Chief People Officer, that happened on Feb 16 ’24 when 15000.0 shares were sold. Chief Commercial Officer, Ashar Bhavesh completed a deal on Feb 05 ’24 to sell 4834.0 shares. Meanwhile, Chief People Officer Pichl Daniel sold 26181.0 shares on Feb 02 ’24.

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