Amicus Therapeutics Inc (FOLD) stock forecast: Can it reach its 52-week high of $13.53

A share price of Amicus Therapeutics Inc [FOLD] is currently trading at $9.11, down -0.22%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling.

From an analyst’s perspective:

Amicus Therapeutics Inc [NASDAQ: FOLD] stock has seen the most recent analyst activity on December 13, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $12 from $17. Previously, Jefferies started tracking the stock with Buy rating on September 06, 2024, and set its price target to $18. On May 30, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $18 on the stock. Guggenheim upgraded its rating to a Buy but stick to its price target of $13 on May 14, 2024. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $20 on December 19, 2023. Morgan Stanley started tracking with a Equal-Weight rating for this stock on September 09, 2022, and assigned it a price target of $14.

Amicus Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $8.78 and $13.53. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Amicus Therapeutics Inc [NASDAQ: FOLD] shares were valued at $9.11 at the most recent close of the market. An investor can expect a potential return of 64.65% based on the average FOLD price forecast.

Analyzing the FOLD fundamentals

Trailing Twelve Months sales for Amicus Therapeutics Inc [NASDAQ:FOLD] were 528.29M which represents 30.09% growth. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.35 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.29.

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 9.00 points at the first support level, and at 8.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.21, and for the 2nd resistance point, it is at 9.31.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Amicus Therapeutics Inc [NASDAQ:FOLD] is 3.39. Also, the Quick Ratio is 2.60, while the Cash Ratio stands at 1.44. Considering the valuation of this stock, the price to sales ratio is 5.30, the price to book ratio is 14.04.

Transactions by insiders

Recent insider trading involved Campbell Bradley L, President and CEO, that happened on Feb 19 ’25 when 400.0 shares were sold. Director, BRADLEY CAMPBELL completed a deal on Feb 19 ’25 to buy 400.0 shares. Meanwhile, President and CEO Campbell Bradley L sold 7500.0 shares on Dec 02 ’24.

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