That’s why I Feel Comfortable With Gilead Sciences, Inc’s (GILD) Future

At the time of writing, Gilead Sciences, Inc [GILD] stock is trading at $92.80, up 0.81%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GILD shares have gain 0.50% over the last week, with a monthly amount glided 4.98%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Wolfe Research started tracking the stock with Outperform rating on November 15, 2024, and set its price target to $110. On November 14, 2024, Citigroup initiated with a Buy rating and assigned a price target of $125 on the stock. Maxim Group downgraded its rating to a Hold. Leerink Partners upgraded its rating to a Outperform and raised its price target to $96 on October 21, 2024. Bernstein started tracking with a Outperform rating for this stock on October 17, 2024, and assigned it a price target of $105. In a note dated October 07, 2024, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $78 to $100.

For the past year, the stock price of Gilead Sciences, Inc fluctuated between $62.07 and $98.90. Currently, Wall Street analysts expect the stock to reach $87.3 within the next 12 months. Gilead Sciences, Inc [NASDAQ: GILD] shares were valued at $92.80 at the most recent close of the market. An investor can expect a potential drop of -5.93% based on the average GILD price forecast.

Analyzing the GILD fundamentals

According to Gilead Sciences, Inc [NASDAQ:GILD], the company’s sales were 28.27B for trailing twelve months, which represents an 7.05% jump. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.26.

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 91.92 points at the first support level, and at 91.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 93.63, and for the 2nd resistance point, it is at 94.47.

Ratios To Look Out For

It is important to note that Gilead Sciences, Inc [NASDAQ:GILD] has a current ratio of 1.26. In addition, the Quick Ratio stands at 1.10 and the Cash Ratio stands at 0.43. Considering the valuation of this stock, the price to sales ratio is 4.09, the price to book ratio is 6.26 and price to earnings (TTM) ratio is 1046.22.

Transactions by insiders

Recent insider trading involved Dickinson Andrew D, Chief Financial Officer, that happened on Dec 16 ’24 when 8500.0 shares were sold. Officer, ANDREW DICKINSON completed a deal on Dec 16 ’24 to buy 8500.0 shares. Meanwhile, Chief Financial Officer Dickinson Andrew D sold 0.25 million shares on Nov 29 ’24.

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