ANI Pharmaceuticals Inc [ANIP] stock prices are up 2.08% to $63.75 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 ANIP shares have gain 3.36% over the last week, with a monthly amount drifted -0.16%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
ANI Pharmaceuticals Inc [NASDAQ: ANIP] stock has seen the most recent analyst activity on March 15, 2024, when CapitalOne initiated its Overweight rating and assigned the stock a price target of $80. Previously, H.C. Wainwright reaffirmed its Buy rating on August 22, 2023, and elevated its price target to $73. On March 01, 2023, Guggenheim initiated with a Buy rating and assigned a price target of $55 on the stock. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $50 on September 07, 2022. Truist initiated its recommendation with a Buy and recommended $70 as its price target on November 02, 2021. Cantor Fitzgerald downgraded its rating to Neutral for this stock on May 07, 2020. In a note dated September 12, 2019, Guggenheim initiated an Buy rating.
The stock price of ANI Pharmaceuticals Inc [ANIP] has been fluctuating between $48.20 and $70.81 over the past year. Currently, Wall Street analysts expect the stock to reach $71 within the next 12 months. ANI Pharmaceuticals Inc [NASDAQ: ANIP] shares were valued at $63.75 at the most recent close of the market. An investor can expect a potential return of 11.37% based on the average ANIP price forecast.
Analyzing the ANIP fundamentals
The ANI Pharmaceuticals Inc [NASDAQ:ANIP] reported sales of 538.95M for trailing twelve months, representing a surge of 18.44%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.68.
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 62.66 points at the first support level, and at 61.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.52, and for the 2nd resistance point, it is at 65.30.
Ratios To Look Out For
It’s worth pointing out that ANI Pharmaceuticals Inc [NASDAQ:ANIP]’s Current Ratio is 3.97. Also, the Quick Ratio is 3.07, while the Cash Ratio stands at 1.72. Considering the valuation of this stock, the price to sales ratio is 2.49, the price to book ratio is 2.95 and price to earnings (TTM) ratio is 52.13.
Transactions by insiders
Recent insider trading involved Cook Meredith, SR. VP, GENERAL COUNSEL & SEC., that happened on Aug 13 ’24 when 250.0 shares were sold. HEAD OF R&D, COO-NOVITIUM OPS, Shanmugam Muthusamy completed a deal on Jul 18 ’24 to sell 2743.0 shares. Meanwhile, HEAD OF R&D, COO-NOVITIUM OPS Shanmugam Muthusamy sold 22000.0 shares on Jul 16 ’24.
