Esperion Therapeutics Inc. (ESPR) stock expected to rise by 779.12%: What’s driving the optimism?

At the time of writing, Esperion Therapeutics Inc. [ESPR] stock is trading at $1.82, up 13.04%. An important factor to consider is whether the stock is rising or falling in short-term value. The ESPR shares have gain 13.04% over the last week, with a monthly amount drifted -0.55%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Esperion Therapeutics Inc. [NASDAQ: ESPR] stock has seen the most recent analyst activity on June 20, 2024, when BofA Securities downgraded its rating to a Underperform but kept the price target unchanged to $2.50 for it. Previously, BofA Securities downgraded its rating to Neutral on January 03, 2024. Northland Capital upgraded its rating to a Market Perform. BofA Securities upgraded its rating to a Buy and raised its price target to $4 on June 15, 2023. Northland Capital downgraded its rating to Under Perform for this stock on March 16, 2023, but kept the price target unchanged to $1. In a note dated March 16, 2023, BofA Securities downgraded an Underperform rating on this stock and revised its target price from $8 to $1.50.

For the past year, the stock price of Esperion Therapeutics Inc. fluctuated between $0.70 and $3.40. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Esperion Therapeutics Inc. [NASDAQ: ESPR] shares were valued at $1.82 at the most recent close of the market. An investor can expect a potential return of 779.12% based on the average ESPR price forecast.

Analyzing the ESPR fundamentals

According to Esperion Therapeutics Inc. [NASDAQ:ESPR], the company’s sales were 277.79M for trailing twelve months, which represents an 186.33% jump. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.35%, and Net Profit Margin reading is -0.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is 0.26 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.61.

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 1.6567 points at the first support level, and at 1.4933 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9067, and for the 2nd resistance point, it is at 1.9933.

Ratios To Look Out For

It is important to note that Esperion Therapeutics Inc. [NASDAQ:ESPR] has a current ratio of 1.97. On the other hand, the Quick Ratio is 1.49, and the Cash Ratio is 1.08. Considering the valuation of this stock, the price to sales ratio is 1.29.

Transactions by insiders

Recent insider trading involved Koenig Sheldon L., President and CEO, that happened on Sep 17 ’24 when 14550.0 shares were sold. Chief Commercial Officer, Warren Eric completed a deal on Sep 17 ’24 to sell 2608.0 shares. Meanwhile, Officer Foody Joanne M. bought 3381.0 shares on Sep 17 ’24.

Related Posts