Arcus Biosciences Inc (RCUS) Stock Up 3.90%: Latest Performance Analysis

A share price of Arcus Biosciences Inc [RCUS] is currently trading at $17.30, up 3.90%. An important factor to consider is whether the stock is rising or falling in short-term value. The RCUS shares have gain 13.15% over the last week, with a monthly amount glided 10.05%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Arcus Biosciences Inc [NYSE: RCUS] stock has seen the most recent analyst activity on November 18, 2022, when BofA Securities initiated its Neutral rating and assigned the stock a price target of $33. Previously, Morgan Stanley started tracking the stock with Overweight rating on October 11, 2022, and set its price target to $40. Berenberg started tracking the stock assigning a Buy rating and suggested a price target of $50 on November 24, 2020. Evercore ISI initiated its recommendation with a Outperform. Cantor Fitzgerald started tracking with a Overweight rating for this stock on April 03, 2020, and assigned it a price target of $21. In a note dated March 04, 2020, Barclays initiated an Overweight rating and provided a target price of $24 on this stock.

Arcus Biosciences Inc experienced fluctuations in its stock price throughout the past year between $12.95 and $20.31. Currently, Wall Street analysts expect the stock to reach $35.2 within the next 12 months. Arcus Biosciences Inc [NYSE: RCUS] shares were valued at $17.30 at the most recent close of the market. An investor can expect a potential return of 103.47% based on the average RCUS price forecast.

Analyzing the RCUS fundamentals

Trailing Twelve Months sales for Arcus Biosciences Inc [NYSE:RCUS] were 247.00M which represents 34.48% growth. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at -1.19%, Pretax Profit Margin comes in at -1.0%, and Net Profit Margin reading is -1.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.43 and Total Capital is -0.3. 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 16.77 points at the first support level, and at 16.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.77, and for the 2nd resistance point, it is at 18.25.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Arcus Biosciences Inc [NYSE:RCUS] is 5.14. On the other hand, the Quick Ratio is 5.14, and the Cash Ratio is 0.78. Considering the valuation of this stock, the price to sales ratio is 6.40, the price to book ratio is 2.49.

Transactions by insiders

Recent insider trading involved Azoy Alexander, Chief Accounting Officer, that happened on Aug 13 ’24 when 1357.0 shares were sold. Chief Operating Officer, Jarrett Jennifer completed a deal on Mar 27 ’24 to sell 11551.0 shares. Meanwhile, Chief Operating Officer Jarrett Jennifer sold 13449.0 shares on Mar 18 ’24.

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