4D Molecular Therapeutics Inc [FDMT] stock prices are up 5.97% to $15.62 at the moment. 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 FDMT shares have gain 0.58% over the last week, with a monthly amount glided 3.24%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
4D Molecular Therapeutics Inc [NASDAQ: FDMT] stock has seen the most recent analyst activity on April 15, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $459. Previously, Barclays started tracking the stock with Overweight rating on April 15, 2024, and set its price target to $45. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $25 on October 26, 2023. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $32 as its price target on October 24, 2023. Leerink Partners upgraded its rating to Outperform for this stock on October 18, 2023, but kept the price target unchanged to $24. In a note dated July 05, 2023, Chardan Capital Markets initiated an Buy rating and provided a target price of $30 on this stock.
The stock price of 4D Molecular Therapeutics Inc [FDMT] has been fluctuating between $9.44 and $36.25 over the past year. Currently, Wall Street analysts expect the stock to reach $44.57 within the next 12 months. 4D Molecular Therapeutics Inc [NASDAQ: FDMT] shares were valued at $15.62 at the most recent close of the market. An investor can expect a potential return of 185.34% based on the average FDMT price forecast.
Analyzing the FDMT fundamentals
The 4D Molecular Therapeutics Inc [NASDAQ:FDMT] reported sales of 21.99M for trailing twelve months, representing a drop of -98.32%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -6.49%, Pretax Profit Margin comes in at -5.44%, and Net Profit Margin reading is -5.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.24 and Total Capital is -0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 14.91 points at the first support level, and at 14.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.02, and for the 2nd resistance point, it is at 16.43.
Ratios To Look Out For
It’s worth pointing out that 4D Molecular Therapeutics Inc [NASDAQ:FDMT]’s Current Ratio is 28.48. Further, the Quick Ratio stands at 28.48, while the Cash Ratio is 9.74. Considering the valuation of this stock, the price to sales ratio is 36.92, the price to book ratio is 1.38.
Transactions by insiders
Recent insider trading involved Bizily Scott, Chief Legal Officer, that happened on Aug 19 ’24 when 500.0 shares were sold. Chief Legal Officer, Bizily Scott completed a deal on Jul 16 ’24 to sell 1750.0 shares. Meanwhile, Chief Legal Officer Bizily Scott sold 1996.0 shares on Jul 11 ’24.
