Monthly Drifts in Neuronetics Inc (STIM) Stock: A Closer Look

Neuronetics Inc [STIM] stock prices are up 5.31% to $1.19 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The STIM shares have gain 11.21% over the last week, with a monthly amount glided 38.37%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Neuronetics Inc [NASDAQ: STIM] stock has seen the most recent analyst activity on August 13, 2024, when William Blair downgraded its rating to a Mkt Perform. Previously, William Blair downgraded its rating to Mkt Perform on October 13, 2021. On October 13, 2021, downgrade downgraded it’s rating to Neutral. William Blair upgraded its rating to a Outperform. BTIG Research initiated its recommendation with a Buy and recommended $11 as its price target on February 06, 2020.

The stock price of Neuronetics Inc [STIM] has been fluctuating between $0.66 and $5.07 over the past year. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Neuronetics Inc [NASDAQ: STIM] shares were valued at $1.19 at the most recent close of the market. An investor can expect a potential return of 572.27% based on the average STIM price forecast.

Analyzing the STIM fundamentals

The Neuronetics Inc [NASDAQ:STIM] reported sales of 72.06M for trailing twelve months, representing a drop of -6.59%. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at -0.4%, Pretax Profit Margin comes in at -0.45%, and Net Profit Margin reading is -0.45%. To continue investigating profitability, this company’s Return on Assets is posted at -0.34, Equity is -1.09 and Total Capital is -0.42. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.13.

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 1.1267 points at the first support level, and at 1.0633 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2267, and for the 2nd resistance point, it is at 1.2633.

Ratios To Look Out For

It’s worth pointing out that Neuronetics Inc [NASDAQ:STIM]’s Current Ratio is 2.58. Also, the Quick Ratio is 2.37, while the Cash Ratio stands at 1.46. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 1.85.

Transactions by insiders

Recent insider trading involved Furlong Stephen, EVP, CFO and Treasurer, that happened on Oct 08 ’24 when 1368.0 shares were sold. EVP, GC, CCO and CS, MACAN WILLIAM ANDREW completed a deal on Oct 08 ’24 to sell 1541.0 shares. Meanwhile, Officer Furlong Stephen bought 1368.0 shares on Oct 08 ’24.

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