A share price of Blueprint Medicines Corp [BPMC] is currently trading at $89.24, up 7.00%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BPMC shares have gain 5.73% over the last week, with a monthly amount drifted -0.84%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Blueprint Medicines Corp [NASDAQ: BPMC] stock has seen the most recent analyst activity on October 24, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $88. Previously, Stephens started tracking the stock with Overweight rating on May 14, 2024, and set its price target to $140. On May 06, 2024, upgrade upgraded it’s rating to Market Perform and revised its price target to $97 on the stock. Oppenheimer upgraded its rating to a Outperform but stick to its price target of $85 on October 27, 2023. Needham reiterated its recommendation of a Buy and raised its price target to $66 on August 21, 2023. Wells Fargo upgraded its rating to Overweight for this stock on July 31, 2023, and upped its price target to $82. In a note dated June 05, 2023, SVB Securities downgraded an Underperform rating on this stock and revised its target price from $48 to $43.
Blueprint Medicines Corp experienced fluctuations in its stock price throughout the past year between $53.73 and $121.90. Currently, Wall Street analysts expect the stock to reach $104.36 within the next 12 months. Blueprint Medicines Corp [NASDAQ: BPMC] shares were valued at $89.24 at the most recent close of the market. An investor can expect a potential return of 16.94% based on the average BPMC price forecast.
Analyzing the BPMC fundamentals
Trailing Twelve Months sales for Blueprint Medicines Corp [NASDAQ:BPMC] were 362.80M which represents 139.98% growth. Gross Profit Margin for this corporation currently stands at 0.93% with Operating Profit Margin at -0.98%, Pretax Profit Margin comes in at -0.56%, and Net Profit Margin reading is -0.57%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.85 and Total Capital is -0.37. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.08.
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 87.03 points at the first support level, and at 84.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 93.21, and for the 2nd resistance point, it is at 97.19.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Blueprint Medicines Corp [NASDAQ:BPMC] is 3.71. Also, the Quick Ratio is 3.65, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 15.58, the price to book ratio is 17.60.
Transactions by insiders
Recent insider trading involved Namouni Fouad, PRESIDENT, R & D, that happened on Oct 03 ’24 when 3633.0 shares were sold. Director, Albers Jeffrey W. completed a deal on Sep 09 ’24 to sell 19702.0 shares. Meanwhile, Director Albers Jeffrey W. bought 19702.0 shares on Sep 09 ’24.
