At the time of writing, Apellis Pharmaceuticals Inc [APLS] stock is trading at $30.77, up 10.88%. An important factor to consider is whether the stock is rising or falling in short-term value. The APLS shares have gain 17.13% over the last week, with a monthly amount glided 11.57%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Apellis Pharmaceuticals Inc [NASDAQ: APLS] stock has seen the most recent analyst activity on November 21, 2024, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $31. Previously, RBC Capital Mkts started tracking the stock with Sector Perform rating on October 25, 2024, and set its price target to $25. On October 16, 2024, William Blair initiated with a Outperform rating. Scotiabank started tracking the stock assigning a Sector Outperform rating. Piper Sandler initiated its recommendation with a Neutral and recommended $46 as its price target on May 31, 2024. Jefferies upgraded its rating to Buy for this stock on February 05, 2024, and upped its price target to $80. In a note dated December 14, 2023, Wells Fargo downgraded an Equal Weight rating on this stock.
For the past year, the stock price of Apellis Pharmaceuticals Inc fluctuated between $24.34 and $73.80. Currently, Wall Street analysts expect the stock to reach $74.5 within the next 12 months. Apellis Pharmaceuticals Inc [NASDAQ: APLS] shares were valued at $30.77 at the most recent close of the market. An investor can expect a potential return of 142.12% based on the average APLS price forecast.
Analyzing the APLS fundamentals
According to Apellis Pharmaceuticals Inc [NASDAQ:APLS], the company’s sales were 715.22M for trailing twelve months, which represents an 78.29% jump. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at -0.31%, Pretax Profit Margin comes in at -0.35%, and Net Profit Margin reading is -0.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -1.04 and Total Capital is -0.31. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.94.
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 28.66 points at the first support level, and at 26.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.94, and for the 2nd resistance point, it is at 33.10.
Ratios To Look Out For
It is important to note that Apellis Pharmaceuticals Inc [NASDAQ:APLS] has a current ratio of 4.36. On the other hand, the Quick Ratio is 3.73, and the Cash Ratio is 2.07. Considering the valuation of this stock, the price to sales ratio is 5.93, the price to book ratio is 15.84.
Transactions by insiders
Recent insider trading involved Dunlop A. Sinclair, Director, that happened on Sep 16 ’24 when 37000.0 shares were sold. VP/Chief Accounting Officer, Chopas James George completed a deal on Sep 16 ’24 to sell 192.0 shares. Meanwhile, Officer Chopas James George bought 192.0 shares on Sep 16 ’24.
