Investors may find better financial performance in BridgeBio Pharma Inc (BBIO)

A share price of BridgeBio Pharma Inc [BBIO] is currently trading at $26.34, up 3.78%. 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 BBIO shares have gain 12.66% over the last week, with a monthly amount drifted -1.46%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

On September 04, 2024, Piper Sandler initiated with a Overweight rating and assigned a price target of $46 on the stock. BMO Capital Markets initiated its recommendation with a Market Perform and recommended $37 as its price target on January 31, 2024. Wells Fargo started tracking with a Overweight rating for this stock on December 08, 2023, and assigned it a price target of $58. In a note dated December 08, 2023, Wells Fargo initiated an Overweight rating.

BridgeBio Pharma Inc experienced fluctuations in its stock price throughout the past year between $21.62 and $44.32. Currently, Wall Street analysts expect the stock to reach $44.9 within the next 12 months. BridgeBio Pharma Inc [NASDAQ: BBIO] shares were valued at $26.34 at the most recent close of the market. An investor can expect a potential return of 70.46% based on the average BBIO price forecast.

Analyzing the BBIO fundamentals

Trailing Twelve Months sales for BridgeBio Pharma Inc [NASDAQ:BBIO] were 219.12M which represents 32.11% growth. Gross Profit Margin for this corporation currently stands at 0.98% with Operating Profit Margin at -2.3%, Pretax Profit Margin comes in at -2.09%, and Net Profit Margin reading is -2.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.57, Equity is 0.39 and Total Capital is -0.76. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.58.

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 25.71 points at the first support level, and at 25.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.87, and for the 2nd resistance point, it is at 27.41.

Ratios To Look Out For

To put it in perspective, the Current Ratio for BridgeBio Pharma Inc [NASDAQ:BBIO] is 4.59. Further, the Quick Ratio stands at 4.59, while the Cash Ratio is 4.07. Considering the valuation of this stock, the price to sales ratio is 22.60.

Transactions by insiders

Recent insider trading involved KKR Genetic Disorder L.P., 10% Owner, that happened on Sep 13 ’24 when 5.8 million shares were sold. Affiliate, KKR Genetic Disorder L.P. completed a deal on Sep 13 ’24 to buy 5.8 million shares. Meanwhile, Chief Executive Officer Kumar Neil sold 27389.0 shares on Aug 19 ’24.

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