Blueprint Medicines Corp [BPMC] stock prices are down -1.49% to $95.08 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 BPMC shares have lost -0.02% over the last week, with a monthly amount drifted -2.53%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Blueprint Medicines Corp [NASDAQ: BPMC] stock has seen the most recent analyst activity on November 14, 2024, when JP Morgan initiated its Overweight rating and assigned the stock a price target of $126. Previously, UBS started tracking the stock with Neutral rating on October 24, 2024, and set its price target to $88. On May 14, 2024, Stephens initiated with a Overweight rating and assigned a price target of $140 on the stock. Leerink Partners upgraded its rating to a Market Perform and increased its price target to $97 on May 06, 2024. Oppenheimer upgraded its rating to a Outperform but $85 remained the price target by the analyst firm on October 27, 2023. Needham reiterated a Buy rating for this stock on August 21, 2023, and upped its price target to $66. In a note dated July 31, 2023, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $55 to $82.
The stock price of Blueprint Medicines Corp [BPMC] has been fluctuating between $70.89 and $121.90 over the past year. Currently, Wall Street analysts expect the stock to reach $122.6 within the next 12 months. Blueprint Medicines Corp [NASDAQ: BPMC] shares were valued at $95.08 at the most recent close of the market. An investor can expect a potential return of 28.94% based on the average BPMC price forecast.
Analyzing the BPMC fundamentals
The Blueprint Medicines Corp [NASDAQ:BPMC] reported sales of 434.41M for trailing twelve months, representing a surge of 126.61%. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at -0.64%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.48 and Total Capital is -0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.23.
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 93.82 points at the first support level, and at 92.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 96.44, and for the 2nd resistance point, it is at 97.79.
Ratios To Look Out For
It’s worth pointing out that Blueprint Medicines Corp [NASDAQ:BPMC]’s Current Ratio is 3.32. In addition, the Quick Ratio stands at 3.27 and the Cash Ratio stands at 0.35. Considering the valuation of this stock, the price to sales ratio is 13.90, the price to book ratio is 19.27.
Transactions by insiders
Recent insider trading involved Haviland Kate, CHIEF EXECUTIVE OFFICER, that happened on Nov 29 ’24 when 2353.0 shares were sold. CHIEF OPERATING OFFICER, Rossi Christina completed a deal on Nov 27 ’24 to sell 2274.0 shares. Meanwhile, Officer KATHRYN D HAVILAND bought 3799.0 shares on Nov 29 ’24.
