At the time of writing, Immatics N.V [IMTX] stock is trading at $10.81, up 8.86%. 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 IMTX shares have gain 6.50% over the last week, with a monthly amount glided 0.75%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Mizuho started tracking the stock with Buy rating on March 31, 2023, and set its price target to $12. On March 24, 2023, Bryan Garnier initiated with a Buy rating and assigned a price target of $16 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $13 on November 20, 2020. Goldman initiated its recommendation with a Buy and recommended $17 as its price target on September 22, 2020. SVB Leerink started tracking with a Outperform rating for this stock on July 27, 2020, and assigned it a price target of $17. In a note dated July 24, 2020, Jefferies initiated an Buy rating.
For the past year, the stock price of Immatics N.V fluctuated between $6.91 and $13.16. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Immatics N.V [NASDAQ: IMTX] shares were valued at $10.81 at the most recent close of the market. An investor can expect a potential return of 159.02% based on the average IMTX price forecast.
Analyzing the IMTX fundamentals
According to Immatics N.V [NASDAQ:IMTX], the company’s sales were 58.41M for trailing twelve months, which represents an -6.55% plunge. Gross Profit Margin for this corporation currently stands at -1.2% with Operating Profit Margin at -1.88%, Pretax Profit Margin comes in at -1.8%, and Net Profit Margin reading is -1.71%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.41 and Total Capital is -0.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
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 10.11 points at the first support level, and at 9.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.27, and for the 2nd resistance point, it is at 11.73.
Ratios To Look Out For
It is important to note that Immatics N.V [NASDAQ:IMTX] has a current ratio of 2.87. Further, the Quick Ratio stands at 2.87, while the Cash Ratio is 1.4. Considering the valuation of this stock, the price to sales ratio is 19.06, the price to book ratio is 3.68.
