How much can investors make with Tarsus Pharmaceuticals Inc (TARS) stock in the next 12 months?

Tarsus Pharmaceuticals Inc [TARS] stock is trading at $54.04, down -0.68%. An important factor to consider is whether the stock is rising or falling in short-term value. The TARS shares have gain 0.04% over the last week, with a monthly amount glided 10.45%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Tarsus Pharmaceuticals Inc [NASDAQ: TARS] stock has seen the most recent analyst activity on November 20, 2023, when Goldman initiated its Neutral rating and assigned the stock a price target of $19. Previously, William Blair started tracking the stock with Outperform rating on July 18, 2023, and set its price target to $44. On May 18, 2023, Guggenheim initiated with a Buy rating. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $40 on August 01, 2022. H.C. Wainwright initiated its recommendation with a Buy and recommended $40 as its price target on December 21, 2021. Oppenheimer started tracking with a Outperform rating for this stock on November 23, 2021, and assigned it a price target of $55. In a note dated November 10, 2020, Raymond James initiated an Strong Buy rating and provided a target price of $39 on this stock.

Tarsus Pharmaceuticals Inc [TARS] stock has fluctuated between $18.99 and $56.77 over the past year. Currently, Wall Street analysts expect the stock to reach $63 within the next 12 months. Tarsus Pharmaceuticals Inc [NASDAQ: TARS] shares were valued at $54.04 at the most recent close of the market. An investor can expect a potential return of 16.58% based on the average TARS price forecast.

Analyzing the TARS fundamentals

Tarsus Pharmaceuticals Inc [NASDAQ:TARS] reported sales of 129.62M for the trailing twelve months, which represents a growth of 2471.78%. Gross Profit Margin for this corporation currently stands at 0.93% with Operating Profit Margin at -1.08%, Pretax Profit Margin comes in at -1.04%, and Net Profit Margin reading is -1.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.36, Equity is -0.56 and Total Capital is -0.45. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.

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 53.51 points at the first support level, and at 52.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.73, and for the 2nd resistance point, it is at 55.41.

Ratios To Look Out For

For context, Tarsus Pharmaceuticals Inc’s Current Ratio is 5.42. On the other hand, the Quick Ratio is 5.38, and the Cash Ratio is 2.68. Considering the valuation of this stock, the price to sales ratio is 15.71, the price to book ratio is 8.57.

Transactions by insiders

Recent insider trading involved LINK WILLIAM J PHD, Director, that happened on Aug 12 ’24 when 35000.0 shares were sold. Director, FLYING L PARTNERS XI LLC completed a deal on Aug 12 ’24 to buy 35000.0 shares. Meanwhile, Farrow Jeffrey S sold 10445.0 shares on Jun 18 ’24.

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