A share price of SI-BONE Inc [SIBN] is currently trading at $13.63, up 1.04%. 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 SIBN shares have gain 11.08% over the last week, with a monthly amount drifted -7.15%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SI-BONE Inc [NASDAQ: SIBN] stock has seen the most recent analyst activity on August 06, 2024, when Needham reiterated its Buy rating and also revised its price target to $19 from $27. Previously, Piper Sandler started tracking the stock with Overweight rating on March 28, 2024, and set its price target to $25. On October 12, 2022, Jefferies initiated with a Buy rating and assigned a price target of $20 on the stock. Citigroup initiated its recommendation with a Buy and recommended $40 as its price target on June 08, 2021. Needham reiterated a Buy rating for this stock on March 09, 2021, and downed its price target to $34. In a note dated December 16, 2020, Needham reiterated an Buy rating on this stock and boosted its target price from $28 to $35.
SI-BONE Inc experienced fluctuations in its stock price throughout the past year between $11.76 and $21.70. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. SI-BONE Inc [NASDAQ: SIBN] shares were valued at $13.63 at the most recent close of the market. An investor can expect a potential return of 46.74% based on the average SIBN price forecast.
Analyzing the SIBN fundamentals
Trailing Twelve Months sales for SI-BONE Inc [NASDAQ:SIBN] were 150.71M which represents 20.01% growth. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at -0.3%, Pretax Profit Margin comes in at -0.27%, and Net Profit Margin reading is -0.27%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.24 and Total Capital is -0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.24.
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 13.34 points at the first support level, and at 13.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.04, and for the 2nd resistance point, it is at 14.44.
Ratios To Look Out For
To put it in perspective, the Current Ratio for SI-BONE Inc [NASDAQ:SIBN] is 9.17. Further, the Quick Ratio stands at 8.12, while the Cash Ratio is 1.16. Considering the valuation of this stock, the price to sales ratio is 3.69, the price to book ratio is 3.43.
Transactions by insiders
Recent insider trading involved RECUPERO ANTHONY J, President, Commercial Ops, that happened on Oct 02 ’24 when 3305.0 shares were sold. President, Commercial Ops, RECUPERO ANTHONY J completed a deal on Oct 03 ’24 to sell 921.0 shares. Meanwhile, Chief Financial Officer Maheshwari Anshul sold 3305.0 shares on Oct 02 ’24.
