At the time of writing, Mannkind Corp [MNKD] stock is trading at $5.70, down -1.04%. An important factor to consider is whether the stock is rising or falling in short-term value. The MNKD shares have gain 5.17% over the last week, with a monthly amount drifted -4.20%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Mannkind Corp [NASDAQ: MNKD] stock has seen the most recent analyst activity on February 10, 2025, when Wedbush initiated its Outperform rating and assigned the stock a price target of $11. Previously, Wells Fargo started tracking the stock with Overweight rating on December 20, 2024, and set its price target to $9. On December 19, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $10 on the stock. Rodman & Renshaw initiated its recommendation with a Buy and recommended $8 as its price target on June 13, 2024. Wedbush started tracking with a Outperform rating for this stock on October 10, 2023, and assigned it a price target of $10. In a note dated May 14, 2021, RBC Capital Mkts initiated an Sector Perform rating and provided a target price of $5 on this stock.
For the past year, the stock price of Mannkind Corp fluctuated between $3.47 and $7.63. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. Mannkind Corp [NASDAQ: MNKD] shares were valued at $5.70 at the most recent close of the market. An investor can expect a potential return of 110.53% based on the average MNKD price forecast.
Analyzing the MNKD fundamentals
According to Mannkind Corp [NASDAQ:MNKD], the company’s sales were 267.20M for trailing twelve months, which represents an 36.73% jump. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is -0.09 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.14.
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 5.63 points at the first support level, and at 5.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.81, and for the 2nd resistance point, it is at 5.91.
Ratios To Look Out For
It is important to note that Mannkind Corp [NASDAQ:MNKD] has a current ratio of 4.54. On the other hand, the Quick Ratio is 4.17, and the Cash Ratio is 0.87. Considering the valuation of this stock, the price to sales ratio is 5.88 and price to earnings (TTM) ratio is 81.08.
Transactions by insiders
Recent insider trading involved Binder Steven B., Director, that happened on Nov 22 ’24 when 67536.0 shares were sold. Director, STEVEN B BINDER completed a deal on Nov 22 ’24 to buy 67536.0 shares. Meanwhile, Director Binder Steven B. sold 67539.0 shares on Nov 15 ’24.
