At the time of writing, Geron Corp [GERN] stock is trading at $3.99, up 5.28%. An important factor to consider is whether the stock is rising or falling in short-term value. The GERN shares have gain 3.10% over the last week, with a monthly amount drifted -0.50%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Geron Corp [NASDAQ: GERN] stock has seen the most recent analyst activity on November 05, 2024, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $8. On September 09, 2024, Leerink Partners initiated with a Outperform rating and assigned a price target of $7 on the stock. Robert W. Baird downgraded its rating to a Neutral but stick to its price target of $4.50 on April 30, 2024. TD Cowen initiated its recommendation with a Buy and recommended $10 as its price target on April 29, 2024. Needham reiterated a Buy rating for this stock on March 15, 2024, and upped its price target to $5. In a note dated September 12, 2023, Goldman upgraded an Buy rating on this stock but restated the target price of $4.
For the past year, the stock price of Geron Corp fluctuated between $1.64 and $5.34. Currently, Wall Street analysts expect the stock to reach $6.13 within the next 12 months. Geron Corp [NASDAQ: GERN] shares were valued at $3.99 at the most recent close of the market. An investor can expect a potential return of 53.63% based on the average GERN price forecast.
Analyzing the GERN fundamentals
According to Geron Corp [NASDAQ:GERN], the company’s sales were 29.48M for trailing twelve months, which represents an 17138.41% jump. Gross Profit Margin for this corporation currently stands at 0.97% with Operating Profit Margin at -7.07%, Pretax Profit Margin comes in at -6.84%, and Net Profit Margin reading is -6.84%. To continue investigating profitability, this company’s Return on Assets is posted at -0.5, Equity is -0.68 and Total Capital is -0.79. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 3.81 points at the first support level, and at 3.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.09, and for the 2nd resistance point, it is at 4.18.
Ratios To Look Out For
It is important to note that Geron Corp [NASDAQ:GERN] has a current ratio of 2.89. On the other hand, the Quick Ratio is 2.74, and the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 81.82, the price to book ratio is 8.23.
Transactions by insiders
Recent insider trading involved GRETHLEIN ANDREW J, EVP, Chief Operating Officer, that happened on Jul 08 ’24 when 0.67 million shares were sold. EVP, Chief Medical Officer, Feller Faye completed a deal on Jun 10 ’24 to sell 0.29 million shares. Meanwhile, EVP, Corp Strategy & CCO Kapur Anil sold 0.42 million shares on Jun 10 ’24.
