CRISPR Therapeutics AG (CRSP) stock: 12-month forecast projects 99.57% potential return%

CRISPR Therapeutics AG [CRSP] stock prices are up 3.10% to $50.84 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CRSP shares have gain 7.58% over the last week, with a monthly amount glided 3.88%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CRISPR Therapeutics AG [NASDAQ: CRSP] stock has seen the most recent analyst activity on August 06, 2024, when Needham reiterated its Buy rating and also revised its price target to $84 from $88. Previously, Rodman & Renshaw started tracking the stock with Buy rating on August 02, 2024, and set its price target to $90. Wolfe Research started tracking the stock assigning a Peer Perform rating. TD Cowen downgraded its rating to a Underperform but $30 remained the price target by the analyst firm on December 11, 2023. Cantor Fitzgerald downgraded its rating to Neutral for this stock on October 17, 2023. In a note dated September 27, 2023, Mizuho initiated an Buy rating and provided a target price of $82 on this stock.

The stock price of CRISPR Therapeutics AG [CRSP] has been fluctuating between $43.42 and $91.10 over the past year. Currently, Wall Street analysts expect the stock to reach $101.46 within the next 12 months. CRISPR Therapeutics AG [NASDAQ: CRSP] shares were valued at $50.84 at the most recent close of the market. An investor can expect a potential return of 99.57% based on the average CRSP price forecast.

Analyzing the CRSP fundamentals

Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -1.65%, Pretax Profit Margin comes in at -1.17%, and Net Profit Margin reading is -1.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.12 and Total Capital is -0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

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 49.96 points at the first support level, and at 49.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.34, and for the 2nd resistance point, it is at 51.85.

Ratios To Look Out For

It’s worth pointing out that CRISPR Therapeutics AG [NASDAQ:CRSP]’s Current Ratio is 21.64. In addition, the Quick Ratio stands at 21.64 and the Cash Ratio stands at 2.51. Considering the valuation of this stock, the price to sales ratio is 22.06, the price to book ratio is 2.24.

Transactions by insiders

Recent insider trading involved Kulkarni Samarth, Chief Executive Officer, that happened on Nov 11 ’24 when 30000.0 shares were sold. General Counsel and Secretary, KASINGER JAMES R. completed a deal on Oct 14 ’24 to sell 1089.0 shares. Meanwhile, Chief Executive Officer Kulkarni Samarth sold 4293.0 shares on Oct 14 ’24.

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