Sage Therapeutics Inc [SAGE] stock prices are up 8.11% to $14.00 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SAGE shares have gain 11.38% over the last week, with a monthly amount drifted -25.09%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Sage Therapeutics Inc [NASDAQ: SAGE] stock has seen the most recent analyst activity on April 17, 2024, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $14 from $24. Previously, Deutsche Bank started tracking the stock with Hold rating on December 12, 2023, and set its price target to $21. On August 08, 2023, downgrade downgraded it’s rating to Hold. Goldman downgraded its rating to a Neutral but stick to its price target of $22 on August 08, 2023. Canaccord Genuity downgraded its rating to a Hold and reduced its price target to $21 on August 08, 2023. Wedbush downgraded its rating to Neutral for this stock on August 07, 2023, and downed its price target to $22. In a note dated August 07, 2023, Stifel downgraded an Hold rating on this stock and revised its target price from $60 to $22.
The stock price of Sage Therapeutics Inc [SAGE] has been fluctuating between $10.92 and $59.99 over the past year. Currently, Wall Street analysts expect the stock to reach $49.94 within the next 12 months. Sage Therapeutics Inc [NASDAQ: SAGE] shares were valued at $14.00 at the most recent close of the market. An investor can expect a potential return of 256.71% based on the average SAGE price forecast.
Analyzing the SAGE fundamentals
The Sage Therapeutics Inc [NASDAQ:SAGE] reported sales of 86.46M for trailing twelve months, representing a surge of 2621.54%. Gross Profit Margin for this corporation currently stands at 0.98% with Operating Profit Margin at -6.71%, Pretax Profit Margin comes in at -6.26%, and Net Profit Margin reading is -6.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.6, Equity is -0.57 and Total Capital is -0.73. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 13.46 points at the first support level, and at 12.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.53, and for the 2nd resistance point, it is at 15.06.
Ratios To Look Out For
It’s worth pointing out that Sage Therapeutics Inc [NASDAQ:SAGE]’s Current Ratio is 10.51. As well, the Quick Ratio is 10.49, while the Cash Ratio is 0.86. Considering the valuation of this stock, the price to sales ratio is 9.73, the price to book ratio is 1.05.
Transactions by insiders
Recent insider trading involved Barrett Elizabeth, Director, that happened on Aug 09 ’23 when 2000.0 shares were purchased. Director, Barrett Elizabeth completed a deal on May 09 ’23 to buy 1000.0 shares.
