A share price of Merus N.V [MRUS] is currently trading at $49.96, up 4.65%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MRUS shares have gain 4.58% over the last week, with a monthly amount drifted -1.03%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Merus N.V [NASDAQ: MRUS] stock has seen the most recent analyst activity on March 28, 2024, when Truist initiated its Buy rating and assigned the stock a price target of $69. Previously, Needham reaffirmed its Buy rating on March 04, 2024, and elevated its price target to $65. On November 02, 2023, Canaccord Genuity initiated with a Buy rating and assigned a price target of $45 on the stock. TD Cowen started tracking the stock assigning a Outperform rating. Stifel initiated its recommendation with a Buy and recommended $38 as its price target on August 02, 2022. BMO Capital Markets started tracking with a Outperform rating for this stock on February 11, 2022, and assigned it a price target of $45. In a note dated February 10, 2022, Needham initiated an Buy rating and provided a target price of $45 on this stock.
Merus N.V experienced fluctuations in its stock price throughout the past year between $19.81 and $61.61. Currently, Wall Street analysts expect the stock to reach $77.86 within the next 12 months. Merus N.V [NASDAQ: MRUS] shares were valued at $49.96 at the most recent close of the market. An investor can expect a potential return of 55.84% based on the average MRUS price forecast.
Analyzing the MRUS fundamentals
Trailing Twelve Months sales for Merus N.V [NASDAQ:MRUS] were 35.19M which represents -30.01% decline. Gross Profit Margin for this corporation currently stands at -1.05% with Operating Profit Margin at -5.13%, Pretax Profit Margin comes in at -4.61%, and Net Profit Margin reading is -4.76%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.36 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 0.01.
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 48.43 points at the first support level, and at 46.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.79, and for the 2nd resistance point, it is at 51.63.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Merus N.V [NASDAQ:MRUS] is 9.97. In addition, the Quick Ratio stands at 9.97 and the Cash Ratio stands at 7.78. Considering the valuation of this stock, the price to sales ratio is 96.84, the price to book ratio is 4.54.
Transactions by insiders
Recent insider trading involved Shuman Harry, VP Controller, PAO, that happened on Aug 21 ’24 when 2500.0 shares were sold. VP Controller, PAO, Shuman Harry completed a deal on Aug 20 ’24 to sell 2500.0 shares. Meanwhile, COO & GC Silverman Peter B. sold 10000.0 shares on Jun 27 ’24.
