Vericel Corp (VCEL) stock hits $43.75: Is it a good time to buy or wait for a dip?

Vericel Corp [VCEL] stock prices are up 2.05% to $43.75 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VCEL shares have gain 5.02% over the last week, with a monthly amount drifted -0.73%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Vericel Corp [NASDAQ: VCEL] stock has seen the most recent analyst activity on August 09, 2024, when Canaccord Genuity initiated its Buy rating and assigned the stock a price target of $57. Previously, TD Cowen started tracking the stock with Buy rating on June 20, 2024, and set its price target to $55. On January 25, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $51 on the stock. BTIG Research upgraded its rating to a Buy but stick to its price target of $39 on August 08, 2023. BTIG Research downgraded its rating to a Neutral. Truist downgraded its rating to Hold for this stock on November 09, 2022.

The stock price of Vericel Corp [VCEL] has been fluctuating between $32.28 and $54.10 over the past year. Currently, Wall Street analysts expect the stock to reach $57.33 within the next 12 months. Vericel Corp [NASDAQ: VCEL] shares were valued at $43.75 at the most recent close of the market. An investor can expect a potential return of 31.04% based on the average VCEL price forecast.

Analyzing the VCEL fundamentals

The Vericel Corp [NASDAQ:VCEL] reported sales of 214.52M for trailing twelve months, representing a surge of 14.68%. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.39.

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 42.85 points at the first support level, and at 41.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.57, and for the 2nd resistance point, it is at 45.39.

Ratios To Look Out For

It’s worth pointing out that Vericel Corp [NASDAQ:VCEL]’s Current Ratio is 4.50. As well, the Quick Ratio is 4.16, while the Cash Ratio is 1.73. Considering the valuation of this stock, the price to sales ratio is 10.00, the price to book ratio is 8.80 and price to earnings (TTM) ratio is 10937.50.

Transactions by insiders

Recent insider trading involved Colangelo Dominick, President and CEO, that happened on Oct 16 ’24 when 17500.0 shares were sold. President and CEO, Colangelo Dominick completed a deal on Oct 17 ’24 to sell 17500.0 shares. Meanwhile, Director GILMAN STEVEN C sold 5833.0 shares on Oct 16 ’24.

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