Wall Street predicts G1 Therapeutics Inc (GTHX) stock to surge by 13.07%

G1 Therapeutics Inc [GTHX] stock prices are down -5.24% to $3.98 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GTHX shares have gain 1.79% over the last week, with a monthly amount glided 54.86%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

G1 Therapeutics Inc [NASDAQ: GTHX] stock has seen the most recent analyst activity on January 30, 2023, when JP Morgan upgraded its rating to a Neutral and also boosted its price target to $10 from $7. Previously, Needham reaffirmed its Buy rating on January 03, 2023, and dropped its price target to $31. On November 04, 2021, downgrade downgraded it’s rating to Underweight and revised its price target to $19 on the stock. JP Morgan downgraded its rating to a Neutral and reduced its price target to $20 on September 30, 2021. Raymond James downgraded its rating to Outperform for this stock on November 17, 2020. In a note dated June 26, 2020, ROTH Capital initiated an Buy rating and provided a target price of $55 on this stock.

The stock price of G1 Therapeutics Inc [GTHX] has been fluctuating between $1.08 and $6.14 over the past year. Currently, Wall Street analysts expect the stock to reach $4.5 within the next 12 months. G1 Therapeutics Inc [NASDAQ: GTHX] shares were valued at $3.98 at the most recent close of the market. An investor can expect a potential return of 13.07% based on the average GTHX price forecast.

Analyzing the GTHX fundamentals

The G1 Therapeutics Inc [NASDAQ:GTHX] reported sales of 84.04M for trailing twelve months, representing a surge of 11.82%. Gross Profit Margin for this corporation currently stands at 0.92% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.36%. To continue investigating profitability, this company’s Return on Assets is posted at -0.3, Equity is 0.19 and Total Capital is -0.33. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.55.

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 3.87 points at the first support level, and at 3.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.12, and for the 2nd resistance point, it is at 4.25.

Ratios To Look Out For

It’s worth pointing out that G1 Therapeutics Inc [NASDAQ:GTHX]’s Current Ratio is 2.94. Also, the Quick Ratio is 2.55, while the Cash Ratio stands at 0.61. Considering the valuation of this stock, the price to sales ratio is 2.48, the price to book ratio is 7.49.

Transactions by insiders

Recent insider trading involved Bailey John E. (Jack) Jr., President and CEO, that happened on Jul 05 ’24 when 7662.0 shares were sold. Chief Business Officer, Avagliano Mark completed a deal on Jul 05 ’24 to sell 2638.0 shares. Meanwhile, Chief Operating Officer MURDOCK TERRY L sold 2475.0 shares on Jul 05 ’24.

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