At the time of writing, SI-BONE Inc [SIBN] stock is trading at $13.54, down -2.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SIBN shares have lost -2.10% over the last week, with a monthly amount glided 9.55%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SI-BONE Inc [NASDAQ: SIBN] 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 $19 from $27. Previously, Piper Sandler started tracking the stock with Overweight rating on March 28, 2024, and set its price target to $25. On October 12, 2022, Jefferies initiated with a Buy rating and assigned a price target of $20 on the stock. Citigroup initiated its recommendation with a Buy and recommended $40 as its price target on June 08, 2021. Needham reiterated a Buy rating for this stock on March 09, 2021, and downed its price target to $34. In a note dated December 16, 2020, Needham reiterated an Buy rating on this stock and boosted its target price from $28 to $35.
For the past year, the stock price of SI-BONE Inc fluctuated between $11.70 and $21.70. Currently, Wall Street analysts expect the stock to reach $18.5 within the next 12 months. SI-BONE Inc [NASDAQ: SIBN] shares were valued at $13.54 at the most recent close of the market. An investor can expect a potential return of 36.63% based on the average SIBN price forecast.
Analyzing the SIBN fundamentals
According to SI-BONE Inc [NASDAQ:SIBN], the company’s sales were 157.03M for trailing twelve months, which represents an 18.60% jump. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.23 and Total Capital is -0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.22.
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 13.26 points at the first support level, and at 12.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.90, and for the 2nd resistance point, it is at 14.25.
Ratios To Look Out For
It is important to note that SI-BONE Inc [NASDAQ:SIBN] has a current ratio of 8.25. Also, the Quick Ratio is 7.22, while the Cash Ratio stands at 1.22. Considering the valuation of this stock, the price to sales ratio is 3.62, the price to book ratio is 3.43.
Transactions by insiders
Recent insider trading involved DUNN JEFFREY W, Director, that happened on Nov 18 ’24 when 1609.0 shares were sold. President, Commercial Ops, RECUPERO ANTHONY J completed a deal on Nov 18 ’24 to sell 3937.0 shares. Meanwhile, President, Commercial Ops RECUPERO ANTHONY J sold 2070.0 shares on Nov 19 ’24.
