A share price of TG Therapeutics Inc [TGTX] is currently trading at $15.88, up 16.25%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TGTX shares have gain 13.59% over the last week, with a monthly amount glided 9.97%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
TG Therapeutics Inc [NASDAQ: TGTX] stock has seen the most recent analyst activity on August 02, 2023, when Goldman upgraded its rating to a Neutral and also revised its price target to $12 from $16. On May 20, 2022, BofA Securities initiated with a Underperform rating and assigned a price target of $5 on the stock. B. Riley Securities reiterated its Buy rating and decreased its price target to $35 on February 23, 2022. Goldman downgraded its rating to a Sell and reduced its price target to $26 on November 15, 2021. Goldman started tracking with a Neutral rating for this stock on April 20, 2021, and assigned it a price target of $50. In a note dated April 19, 2021, H.C. Wainwright reiterated an Buy rating on this stock and boosted its target price from $79 to $89.
TG Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $6.46 and $35.67. Currently, Wall Street analysts expect the stock to reach $18.4 within the next 12 months. TG Therapeutics Inc [NASDAQ: TGTX] shares were valued at $15.88 at the most recent close of the market. An investor can expect a potential return of 15.87% based on the average TGTX price forecast.
Analyzing the TGTX fundamentals
Trailing Twelve Months sales for TG Therapeutics Inc [NASDAQ:TGTX] were 233.66M which represents 54863.75% growth. Gross Profit Margin for this corporation currently stands at 0.93% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is -0.06 and Total Capital is 0.13.
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 14.50 points at the first support level, and at 13.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.63, and for the 2nd resistance point, it is at 19.38.
TG Therapeutics Inc [TGTX] reported earnings per share of -$0.1 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.1/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0.73 per share as compared to estimates of $0.12 per share, a difference of $0.61 representing a surprise of 508.30%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for TG Therapeutics Inc [NASDAQ:TGTX] is 5.92. As well, the Quick Ratio is 5.18. Considering the valuation of this stock, the price to sales ratio is 10.50, the price to book ratio is 14.98 and price to earnings (TTM) ratio is 1126.24.
Transactions by insiders
Recent insider trading involved Lonial Sagar, Director, that happened on Mar 13 ’24 when 5000.0 shares were sold. Director, Charney Laurence N completed a deal on Mar 12 ’24 to sell 22000.0 shares. Meanwhile, Director Charney Laurence N sold 17500.0 shares on Jan 05 ’24.
