Syros Pharmaceuticals Inc (SYRS) stock: 12-month forecast projects 2841.18% potential return%

Syros Pharmaceuticals Inc [SYRS] stock prices are up 4.06% to $0.17 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SYRS shares have gain 3.14% over the last week, with a monthly amount drifted -22.53%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Syros Pharmaceuticals Inc [NASDAQ: SYRS] stock has seen the most recent analyst activity on November 04, 2020, when H.C. Wainwright upgraded its rating to a Buy and also boosted its price target to $15 from $11. Previously, Alliance Global Partners started tracking the stock with Buy rating on September 22, 2020, and set its price target to $18. On January 17, 2020, downgrade downgraded it’s rating to Neutral. ROTH Capital upgraded its rating to Buy for this stock on November 05, 2018. In a note dated March 13, 2018, Wedbush reiterated an Outperform rating on this stock and boosted its target price from $11 to $13.

The stock price of Syros Pharmaceuticals Inc [SYRS] has been fluctuating between $0.16 and $7.96 over the past year. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Syros Pharmaceuticals Inc [NASDAQ: SYRS] shares were valued at $0.17 at the most recent close of the market. An investor can expect a potential return of 2841.18% based on the average SYRS price forecast.

Analyzing the SYRS fundamentals

The Syros Pharmaceuticals Inc [NASDAQ:SYRS] reported sales of 0.39M for trailing twelve months, representing a drop of -100.00%. Gross Profit Margin for this corporation currently stands at -2.29% with Operating Profit Margin at -288.92%, Pretax Profit Margin comes in at -253.41%, and Net Profit Margin reading is -253.41%. To continue investigating profitability, this company’s Return on Assets is posted at -1.15, Equity is -27.47 and Total Capital is -1.97. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -5.41.

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 0.1665 points at the first support level, and at 0.1587 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1807, and for the 2nd resistance point, it is at 0.1871.

Ratios To Look Out For

It’s worth pointing out that Syros Pharmaceuticals Inc [NASDAQ:SYRS]’s Current Ratio is 2.25. Also, the Quick Ratio is 2.25, while the Cash Ratio stands at 2.05. Considering the valuation of this stock, the price to sales ratio is 11.98.

Transactions by insiders

Recent insider trading involved Flagship Pioneering Fund VII, Affiliate, that happened on Dec 27 ’24 when 1.14 million shares were purchased. Director, AKKARAJU SRINIVAS completed a deal on Dec 30 ’24 to buy 9333.0 shares. Meanwhile, Affiliate Flagship Pioneering Fund VII, bought 1.33 million shares on Dec 27 ’24.

Related Posts