SI-BONE Inc [SIBN] stock prices are up 18.29% to $16.23 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SIBN shares have gain 13.74% over the last week, with a monthly amount glided 14.30%, and seem to be holding up well over a long-time horizon.
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.
The stock price of SI-BONE Inc [SIBN] has been fluctuating between $11.70 and $21.64 over the past year. 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 $16.23 at the most recent close of the market. An investor can expect a potential return of 13.99% based on the average SIBN price forecast.
Analyzing the SIBN fundamentals
The SI-BONE Inc [NASDAQ:SIBN] reported sales of 157.03M for trailing twelve months, representing a surge of 18.60%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
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 14.46 points at the first support level, and at 12.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.30, and for the 2nd resistance point, it is at 18.37.
Ratios To Look Out For
It’s worth pointing out that SI-BONE Inc [NASDAQ:SIBN]’s Current Ratio is 8.25. As well, the Quick Ratio is 7.22, while the Cash Ratio is 1.22. Considering the valuation of this stock, the price to sales ratio is 4.33, the price to book ratio is 4.11.
Transactions by insiders
Recent insider trading involved RECUPERO ANTHONY J, President, Commercial Ops, that happened on Jan 02 ’25 when 3670.0 shares were sold. Chief Financial Officer, Maheshwari Anshul completed a deal on Jan 02 ’25 to sell 5304.0 shares. Meanwhile, Director DUNN JEFFREY W sold 1609.0 shares on Nov 18 ’24.
