Glaukos Corporation [GKOS] stock is trading at $132.25, down -4.64%. An important factor to consider is whether the stock is rising or falling in short-term value. The GKOS shares have gain 1.36% over the last week, with a monthly amount glided 2.94%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Glaukos Corporation [NYSE: GKOS] stock has seen the most recent analyst activity on July 10, 2024, when Citigroup downgraded its rating to a Neutral but kept the price target unchanged to $132 for it. Previously, Jefferies upgraded its rating to Buy on May 06, 2024, and elevated its price target to $125. On December 21, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $91 on the stock. Morgan Stanley started tracking the stock assigning a Equal-Weight rating and suggested a price target of $65 on December 04, 2023. Truist initiated its recommendation with a Buy and recommended $88 as its price target on November 28, 2023. Wells Fargo upgraded its rating to Overweight for this stock on November 08, 2023, and upped its price target to $83. In a note dated June 07, 2023, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $55 to $80.
Glaukos Corporation [GKOS] stock has fluctuated between $59.22 and $139.51 over the past year. Currently, Wall Street analysts expect the stock to reach $119.33 within the next 12 months. Glaukos Corporation [NYSE: GKOS] shares were valued at $132.25 at the most recent close of the market. An investor can expect a potential drop of -9.77% based on the average GKOS price forecast.
Analyzing the GKOS fundamentals
Glaukos Corporation [NYSE:GKOS] reported sales of 341.73M for the trailing twelve months, which represents a growth of 19.02%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -0.36%, Pretax Profit Margin comes in at -0.46%, and Net Profit Margin reading is -0.46%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.31 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
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 129.82 points at the first support level, and at 127.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 136.48, and for the 2nd resistance point, it is at 140.71.
Ratios To Look Out For
For context, Glaukos Corporation’s Current Ratio is 5.48. On the other hand, the Quick Ratio is 4.67, and the Cash Ratio is 0.97. Considering the valuation of this stock, the price to sales ratio is 21.27, the price to book ratio is 10.90.
Transactions by insiders
Recent insider trading involved Gilliam Joseph E, Officer, that happened on Oct 30 ’24 when 2500.0 shares were purchased. Director, Kliman Gilbert H completed a deal on Sep 09 ’24 to sell 3000.0 shares. Meanwhile, Director Kliman Gilbert H bought 3000.0 shares on Sep 09 ’24.
