At the time of writing, SpringWorks Therapeutics Inc [SWTX] stock is trading at $35.00, down -3.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SWTX shares have gain 7.69% over the last week, with a monthly amount drifted -2.78%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
SpringWorks Therapeutics Inc [NASDAQ: SWTX] stock has seen the most recent analyst activity on November 20, 2024, when Evercore ISI initiated its Outperform rating and assigned the stock a price target of $60. Previously, Guggenheim started tracking the stock with Buy rating on February 05, 2024, and set its price target to $75. On December 01, 2022, BofA Securities initiated with a Buy rating and assigned a price target of $45 on the stock. H.C. Wainwright reiterated its Buy rating and increased its price target to $101 on January 19, 2021. H.C. Wainwright reiterated its recommendation of a Buy and raised its price target to $73 on October 29, 2020. Barclays started tracking with a Overweight rating for this stock on May 05, 2020, and assigned it a price target of $48. In a note dated March 19, 2020, H.C. Wainwright upgraded an Buy rating on this stock and boosted its target price from $40 to $60.
For the past year, the stock price of SpringWorks Therapeutics Inc fluctuated between $28.21 and $53.92. Currently, Wall Street analysts expect the stock to reach $77 within the next 12 months. SpringWorks Therapeutics Inc [NASDAQ: SWTX] shares were valued at $35.00 at the most recent close of the market. An investor can expect a potential return of 120.0% based on the average SWTX price forecast.
Analyzing the SWTX fundamentals
Gross Profit Margin for this corporation currently stands at 0.94% with Operating Profit Margin at -2.18%, Pretax Profit Margin comes in at -2.03%, and Net Profit Margin reading is -2.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.45, Equity is -0.48 and Total Capital is -0.55. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 33.92 points at the first support level, and at 32.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.53, and for the 2nd resistance point, it is at 38.07.
Ratios To Look Out For
It is important to note that SpringWorks Therapeutics Inc [NASDAQ:SWTX] has a current ratio of 6.16. Also, the Quick Ratio is 6.02, while the Cash Ratio stands at 1.2. Considering the valuation of this stock, the price to sales ratio is 19.22, the price to book ratio is 4.89.
Transactions by insiders
Recent insider trading involved Edris Badreddin, Chief Operating Officer, that happened on Dec 03 ’24 when 20000.0 shares were sold. Chief Executive Officer, Islam Saqib completed a deal on Dec 02 ’24 to sell 49000.0 shares. Meanwhile, Chief Executive Officer Islam Saqib sold 49000.0 shares on Sep 03 ’24.
