At the time of writing, Glaukos Corporation [GKOS] stock is trading at $150.88, up 4.97%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GKOS shares have gain 8.60% over the last week, with a monthly amount glided 6.67%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Glaukos Corporation [NYSE: GKOS] stock has seen the most recent analyst activity on December 11, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $162 from $132. Previously, UBS started tracking the stock with Buy rating on December 06, 2024, and set its price target to $182. On December 02, 2024, downgrade downgraded it’s rating to Underweight but maintained its price target of $120 on the stock. Citigroup downgraded its rating to a Neutral but stick to its price target of $132 on July 10, 2024. Jefferies upgraded its rating to a Buy and raised its price target to $125 on May 06, 2024. JP Morgan upgraded its rating to Overweight for this stock on December 21, 2023, and upped its price target to $91. In a note dated December 04, 2023, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $65 on this stock.
For the past year, the stock price of Glaukos Corporation fluctuated between $74.75 and $148.67. Currently, Wall Street analysts expect the stock to reach $148.86 within the next 12 months. Glaukos Corporation [NYSE: GKOS] shares were valued at $150.88 at the most recent close of the market. An investor can expect a potential drop of -1.34% based on the average GKOS price forecast.
Analyzing the GKOS fundamentals
According to Glaukos Corporation [NYSE:GKOS], the company’s sales were 360.35M for trailing twelve months, which represents an 23.86% jump. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -0.33%, Pretax Profit Margin comes in at -0.41%, and Net Profit Margin reading is -0.42%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.27 and Total Capital is -0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
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 144.57 points at the first support level, and at 138.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 154.16, and for the 2nd resistance point, it is at 157.43.
Ratios To Look Out For
It is important to note that Glaukos Corporation [NYSE:GKOS] has a current ratio of 5.54. Also, the Quick Ratio is 4.71, while the Cash Ratio stands at 1.4. Considering the valuation of this stock, the price to sales ratio is 24.23, the price to book ratio is 12.43.
Transactions by insiders
Recent insider trading involved Gilliam Joseph E, Officer, that happened on Dec 20 ’24 when 3657.0 shares were purchased. Director, Kliman Gilbert H completed a deal on Dec 20 ’24 to buy 10000.0 shares. Meanwhile, Director Kliman Gilbert H sold 2000.0 shares on Dec 11 ’24.
