At the time of writing, biote Corp [BTMD] stock is trading at $6.28, up 0.48%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BTMD shares have gain 5.37% over the last week, with a monthly amount drifted -16.04%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
biote Corp [NASDAQ: BTMD] stock has seen the most recent analyst activity on February 20, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $9. On June 24, 2022, Cowen initiated with a Outperform rating and assigned a price target of $11 on the stock. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $9 on June 23, 2022.
For the past year, the stock price of biote Corp fluctuated between $3.65 and $8.44. Currently, Wall Street analysts expect the stock to reach $8.62 within the next 12 months. biote Corp [NASDAQ: BTMD] shares were valued at $6.28 at the most recent close of the market. An investor can expect a potential return of 37.26% based on the average BTMD price forecast.
Analyzing the BTMD fundamentals
According to biote Corp [NASDAQ:BTMD], the company’s sales were 187.23M for trailing twelve months, which represents an -0.18% plunge. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is -0.11 and Total Capital is 0.74. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.84.
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 6.22 points at the first support level, and at 6.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.31, and for the 2nd resistance point, it is at 6.34.
Ratios To Look Out For
It is important to note that biote Corp [NASDAQ:BTMD] has a current ratio of 1.34. Also, the Quick Ratio is 0.82, while the Cash Ratio stands at 0.57. Considering the valuation of this stock, the price to sales ratio is 1.09 and price to earnings (TTM) ratio is 55.23.
Transactions by insiders
Recent insider trading involved Peterson Robert Charles, Chief Financial Officer, that happened on Jul 09 ’24 when 11376.0 shares were sold.
