Recent Performance of Sage Therapeutics Inc (SAGE) Stock: A Closer Look

Sage Therapeutics Inc [SAGE] stock is trading at $7.21, down -0.83%. An important factor to consider is whether the stock is rising or falling in short-term value. The SAGE shares have gain 13.19% over the last week, with a monthly amount drifted -5.01%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, RBC Capital Mkts downgraded its rating to Sector Perform on October 04, 2024, and dropped its price target to $4. On July 30, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $10 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $12 on July 25, 2024. Robert W. Baird initiated its recommendation with a Neutral and recommended $15 as its price target on May 29, 2024. Citigroup started tracking with a Sell rating for this stock on May 29, 2024, and assigned it a price target of $8. In a note dated April 17, 2024, BofA Securities downgraded an Underperform rating on this stock and revised its target price from $24 to $14.

Sage Therapeutics Inc [SAGE] stock has fluctuated between $5.84 and $28.26 over the past year. Currently, Wall Street analysts expect the stock to reach $45.22 within the next 12 months. Sage Therapeutics Inc [NASDAQ: SAGE] shares were valued at $7.21 at the most recent close of the market. An investor can expect a potential return of 527.18% based on the average SAGE price forecast.

Analyzing the SAGE fundamentals

Sage Therapeutics Inc [NASDAQ:SAGE] reported sales of 97.24M for the trailing twelve months, which represents a growth of 249.80%. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at -4.96%, Pretax Profit Margin comes in at -4.58%, and Net Profit Margin reading is -4.58%. To continue investigating profitability, this company’s Return on Assets is posted at -0.64, Equity is -0.6 and Total Capital is -0.77. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.

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 6.79 points at the first support level, and at 6.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.48, and for the 2nd resistance point, it is at 7.74.

Ratios To Look Out For

For context, Sage Therapeutics Inc’s Current Ratio is 9.95. On the other hand, the Quick Ratio is 9.95, and the Cash Ratio is 1.47. Considering the valuation of this stock, the price to sales ratio is 4.53, the price to book ratio is 0.70.

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