Wall Street predicts Aurinia Pharmaceuticals Inc (AUPH) stock to surge by 26.62%

Aurinia Pharmaceuticals Inc [AUPH] stock prices are up 2.04% to $8.49 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 AUPH shares have gain 17.75% over the last week, with a monthly amount glided 19.92%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Aurinia Pharmaceuticals Inc [NASDAQ: AUPH] stock has seen the most recent analyst activity on November 04, 2022, when Oppenheimer downgraded its rating to a Perform. On December 10, 2021, upgrade upgraded it’s rating to Outperform and revised its price target to $31 on the stock. Oppenheimer downgraded its rating to a Perform but stick to its price target of $32 on October 28, 2021. H.C. Wainwright reiterated its recommendation of a Buy and raised its price target to $35 on January 25, 2021. H.C. Wainwright reiterated a Buy rating for this stock on November 03, 2020, and downed its price target to $28. In a note dated June 17, 2020, BTIG Research initiated an Buy rating and provided a target price of $20 on this stock.

The stock price of Aurinia Pharmaceuticals Inc [AUPH] has been fluctuating between $4.71 and $10.05 over the past year. Currently, Wall Street analysts expect the stock to reach $10.75 within the next 12 months. Aurinia Pharmaceuticals Inc [NASDAQ: AUPH] shares were valued at $8.49 at the most recent close of the market. An investor can expect a potential return of 26.62% based on the average AUPH price forecast.

Analyzing the AUPH fundamentals

The Aurinia Pharmaceuticals Inc [NASDAQ:AUPH] reported sales of 220.36M for trailing twelve months, representing a surge of 24.32%. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.06 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.

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 8.29 points at the first support level, and at 8.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.70, and for the 2nd resistance point, it is at 8.90.

Ratios To Look Out For

It’s worth pointing out that Aurinia Pharmaceuticals Inc [NASDAQ:AUPH]’s Current Ratio is 5.60. Also, the Quick Ratio is 5.11, while the Cash Ratio stands at 0.47. Considering the valuation of this stock, the price to sales ratio is 5.50, the price to book ratio is 3.13.

Transactions by insiders

Recent insider trading involved Habig Scott Michael, Chief Commercial Officer, that happened on Aug 06 ’24 when 18249.0 shares were sold. Director, Balakrishnan Brinda completed a deal on May 21 ’24 to sell 520.0 shares. Meanwhile, Director Billen Daniel sold 5252.0 shares on May 21 ’24.

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