Esperion Therapeutics Inc. (ESPR) Shares on the Decline: Short-term Analysis

Currently, Esperion Therapeutics Inc. [ESPR] is trading at $2.12, down -0.47%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ESPR shares have gain 9.84% over the last week, with a monthly amount glided 19.10%, and seem to be holding up well over a long-time horizon.

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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.

This stock has fluctuated between a low of $0.71 and a high of $3.40 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Esperion Therapeutics Inc. [NASDAQ: ESPR] shares were valued at $2.12 at the most recent close of the market. An investor can expect a potential return of 654.72% based on the average ESPR price forecast.

Analyzing the ESPR fundamentals

Trailing Twelve Months sales for Esperion Therapeutics Inc. [NASDAQ:ESPR] were 277.79M which represents 186.33% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -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 2.04 points at the first support level, and at 1.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.20, and for the 2nd resistance point, it is at 2.29.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Esperion Therapeutics Inc. [NASDAQ:ESPR] is 1.97. In addition, the Quick Ratio stands at 1.49 and the Cash Ratio stands at 1.08. Considering the valuation of this stock, the price to sales ratio is 1.50.

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.

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