At the time of writing, Arcellx Inc [ACLX] stock is trading at $65.63, up 4.79%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ACLX shares have gain 4.76% over the last week, with a monthly amount drifted -3.67%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Arcellx Inc [NASDAQ: ACLX] stock has seen the most recent analyst activity on October 08, 2024, when Redburn Atlantic initiated its Buy rating and assigned the stock a price target of $109. On May 31, 2024, Piper Sandler initiated with a Overweight rating and assigned a price target of $70 on the stock. Morgan Stanley started tracking the stock assigning a Overweight rating and suggested a price target of $81 on March 07, 2024. Needham reiterated its recommendation of a Buy and raised its price target to $71 on January 04, 2024. Scotiabank started tracking with a Sector Outperform rating for this stock on December 19, 2023, and assigned it a price target of $66. In a note dated October 30, 2023, TD Cowen initiated an Outperform rating.
For the past year, the stock price of Arcellx Inc fluctuated between $47.88 and $107.37. Currently, Wall Street analysts expect the stock to reach $111.6 within the next 12 months. Arcellx Inc [NASDAQ: ACLX] shares were valued at $65.63 at the most recent close of the market. An investor can expect a potential return of 70.04% based on the average ACLX price forecast.
Analyzing the ACLX fundamentals
According to Arcellx Inc [NASDAQ:ACLX], the company’s sales were 107.94M for trailing twelve months, which represents an -75.83% plunge. Gross Profit Margin for this corporation currently stands at 0.98% with Operating Profit Margin at -1.27%, Pretax Profit Margin comes in at -0.98%, and Net Profit Margin reading is -0.99%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.22 and Total Capital is -0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
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 61.91 points at the first support level, and at 58.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.27, and for the 2nd resistance point, it is at 70.90.
Ratios To Look Out For
It is important to note that Arcellx Inc [NASDAQ:ACLX] has a current ratio of 4.78. As well, the Quick Ratio is 4.78, while the Cash Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 33.41, the price to book ratio is 7.83.
Transactions by insiders
Recent insider trading involved Elghandour Rami, that happened on Feb 26 ’25 when 38300.0 shares were sold. Officer, Elghandour Rami completed a deal on Feb 26 ’25 to buy 38300.0 shares. Meanwhile, Director Patel Kavita sold 1500.0 shares on Feb 25 ’25.
