The outlook and analysis of Immunome Inc (IMNM)’s stock

Immunome Inc [IMNM] stock prices are up 10.53% to $12.81 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IMNM shares have gain 3.06% over the last week, with a monthly amount drifted -2.73%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Immunome Inc [NASDAQ: IMNM] stock has seen the most recent analyst activity on May 31, 2024, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $27. Previously, JP Morgan started tracking the stock with Overweight rating on April 30, 2024, and set its price target to $24. On April 15, 2024, Guggenheim initiated with a Buy rating and assigned a price target of $35 on the stock. Leerink Partners started tracking the stock assigning a Outperform rating and suggested a price target of $30 on January 29, 2024. Wedbush initiated its recommendation with a Outperform and recommended $12 as its price target on December 19, 2023. Cantor Fitzgerald started tracking with a Overweight rating for this stock on October 29, 2021, and assigned it a price target of $35.

The stock price of Immunome Inc [IMNM] has been fluctuating between $6.93 and $30.96 over the past year. Currently, Wall Street analysts expect the stock to reach $30.33 within the next 12 months. Immunome Inc [NASDAQ: IMNM] shares were valued at $12.81 at the most recent close of the market. An investor can expect a potential return of 136.77% based on the average IMNM price forecast.

Analyzing the IMNM fundamentals

The Immunome Inc [NASDAQ:IMNM] reported sales of 10.78M for trailing twelve months, representing a drop of -44.55%. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at -25.18%, Pretax Profit Margin comes in at -24.35%, and Net Profit Margin reading is -24.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.89, Equity is -1.58 and Total Capital is -1.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.

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 11.85 points at the first support level, and at 10.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.31, and for the 2nd resistance point, it is at 13.82.

Ratios To Look Out For

It’s worth pointing out that Immunome Inc [NASDAQ:IMNM]’s Current Ratio is 7.12. As well, the Quick Ratio is 7.12, while the Cash Ratio is 4.14. Considering the valuation of this stock, the price to sales ratio is 72.11, the price to book ratio is 3.03.

Transactions by insiders

Recent insider trading involved Rosett Max, Chief Financial Officer, that happened on Sep 19 ’24 when 14380.0 shares were sold. Officer, Rosett Max completed a deal on Sep 19 ’24 to buy 14380.0 shares. Meanwhile, Director BIENAIME JEAN JACQUES bought 7000.0 shares on Aug 16 ’24.

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