Syndax Pharmaceuticals Inc [SNDX] stock prices are up 8.41% to $15.99 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 SNDX shares have gain 7.60% over the last week, with a monthly amount glided 16.97%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Syndax Pharmaceuticals Inc [NASDAQ: SNDX] stock has seen the most recent analyst activity on October 24, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $37. Previously, Jefferies started tracking the stock with Buy rating on June 28, 2024, and set its price target to $37. On January 31, 2024, downgrade downgraded it’s rating to Sector Perform and revised its price target to $23 on the stock. Mizuho started tracking the stock assigning a Buy rating and suggested a price target of $45 on December 22, 2023. BofA Securities initiated its recommendation with a Buy and recommended $29 as its price target on October 25, 2023. Goldman started tracking with a Buy rating for this stock on October 11, 2023, and assigned it a price target of $30. In a note dated July 27, 2023, Scotiabank initiated an Sector Outperform rating.
The stock price of Syndax Pharmaceuticals Inc [SNDX] has been fluctuating between $12.06 and $25.34 over the past year. Currently, Wall Street analysts expect the stock to reach $27.5 within the next 12 months. Syndax Pharmaceuticals Inc [NASDAQ: SNDX] shares were valued at $15.99 at the most recent close of the market. An investor can expect a potential return of 71.98% based on the average SNDX price forecast.
Analyzing the SNDX fundamentals
Gross Profit Margin for this corporation currently stands at -1.7% with Operating Profit Margin at -19.43%, Pretax Profit Margin comes in at -17.96%, and Net Profit Margin reading is -17.96%. To continue investigating profitability, this company’s Return on Assets is posted at -0.7, Equity is -0.64 and Total Capital is -0.88. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 15.13 points at the first support level, and at 14.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.43, and for the 2nd resistance point, it is at 16.86.
Ratios To Look Out For
It’s worth pointing out that Syndax Pharmaceuticals Inc [NASDAQ:SNDX]’s Current Ratio is 6.99. Also, the Quick Ratio is 6.99, while the Cash Ratio stands at 2.24. Considering the valuation of this stock, the price to sales ratio is 85.30, the price to book ratio is 3.73.
Transactions by insiders
Recent insider trading involved Goldan Keith A., Chief Financial Officer, that happened on Feb 10 ’25 when 3777.0 shares were sold. Chief Executive Officer, Metzger Michael A completed a deal on Feb 10 ’25 to sell 13288.0 shares. Meanwhile, President, Head of R&D Gallagher Neil sold 4618.0 shares on Feb 10 ’25.
