Ironwood Pharmaceuticals Inc (IRWD) shares projected to rise by 91.01%

Ironwood Pharmaceuticals Inc [IRWD] stock is trading at $4.45, down -3.05%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IRWD shares have gain 14.69% over the last week, with a monthly amount glided 26.42%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Ironwood Pharmaceuticals Inc [NASDAQ: IRWD] stock has seen the most recent analyst activity on September 09, 2024, when Leerink Partners initiated its Market Perform rating and assigned the stock a price target of $5. Previously, CapitalOne downgraded its rating to Equal Weight on August 08, 2024, and dropped its price target to $4. On January 17, 2024, Craig Hallum initiated with a Buy rating and assigned a price target of $21 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $20 on December 14, 2023. Jefferies initiated its recommendation with a Buy and recommended $21 as its price target on November 09, 2023. JMP Securities started tracking with a Mkt Outperform rating for this stock on September 28, 2023, and assigned it a price target of $22. In a note dated September 02, 2022, CapitalOne initiated an Overweight rating and provided a target price of $15 on this stock.

Ironwood Pharmaceuticals Inc [IRWD] stock has fluctuated between $3.06 and $15.70 over the past year. Currently, Wall Street analysts expect the stock to reach $8.5 within the next 12 months. Ironwood Pharmaceuticals Inc [NASDAQ: IRWD] shares were valued at $4.45 at the most recent close of the market. An investor can expect a potential return of 91.01% based on the average IRWD price forecast.

Analyzing the IRWD fundamentals

Ironwood Pharmaceuticals Inc [NASDAQ:IRWD] reported sales of 378.42M for the trailing twelve months, which represents a drop of -19.47%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is -0.08 and Total Capital is 0.32. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.92.

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 4.30 points at the first support level, and at 4.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.61, and for the 2nd resistance point, it is at 4.77.

Ratios To Look Out For

For context, Ironwood Pharmaceuticals Inc’s Current Ratio is 3.62. Also, the Quick Ratio is 3.62, while the Cash Ratio stands at 1.79. Considering the valuation of this stock, the price to sales ratio is 1.82.

Transactions by insiders

Recent insider trading involved Davis Andrew, Officer, that happened on Dec 27 ’24 when 60434.0 shares were purchased. SVP, Chief Business Officer, Davis Andrew completed a deal on Nov 18 ’24 to sell 5360.0 shares. Meanwhile, SVP, COO and CFO Emany Sravan Kumar sold 11001.0 shares on Nov 18 ’24.

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