A share price of SI-BONE Inc [SIBN] is currently trading at $15.42, up 0.78%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SIBN shares have gain 3.01% over the last week, with a monthly amount drifted -3.81%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SI-BONE Inc [NASDAQ: SIBN] stock has seen the most recent analyst activity on March 28, 2024, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $25. Previously, Jefferies started tracking the stock with Buy rating on October 12, 2022, and set its price target to $20. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $40 on June 08, 2021. Needham reiterated its recommendation of a Buy and reduced its price target to $34 on March 09, 2021. Needham reiterated a Buy rating for this stock on December 16, 2020, and upped its price target to $35. In a note dated August 04, 2020, Needham reiterated an Buy rating on this stock and boosted its target price from $22 to $24.
SI-BONE Inc experienced fluctuations in its stock price throughout the past year between $14.84 and $29.51. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. SI-BONE Inc [NASDAQ: SIBN] shares were valued at $15.42 at the most recent close of the market. An investor can expect a potential return of 49.16% based on the average SIBN price forecast.
Analyzing the SIBN fundamentals
Trailing Twelve Months sales for SI-BONE Inc [NASDAQ:SIBN] were 138.89M which represents 21.61% growth. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at -0.34%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.3%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.28 and Total Capital is -0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
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 15.14 points at the first support level, and at 14.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.70, and for the 2nd resistance point, it is at 15.98.
Ratios To Look Out For
To put it in perspective, the Current Ratio for SI-BONE Inc [NASDAQ:SIBN] is 9.01. As well, the Quick Ratio is 8.15, while the Cash Ratio is 1.42. Considering the valuation of this stock, the price to sales ratio is 4.56, the price to book ratio is 3.70.
Transactions by insiders
Recent insider trading involved RECUPERO ANTHONY J, President, Commercial Ops, that happened on Apr 03 ’24 when 920.0 shares were sold. President, Commercial Ops, RECUPERO ANTHONY J completed a deal on Apr 02 ’24 to sell 3307.0 shares. Meanwhile, Chief Financial Officer Maheshwari Anshul sold 2425.0 shares on Apr 02 ’24.
