A share price of Arcutis Biotherapeutics Inc [ARQT] is currently trading at $14.72, up 1.52%. An important factor to consider is whether the stock is rising or falling in short-term value. The ARQT shares have gain 7.52% over the last week, with a monthly amount glided 11.68%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Arcutis Biotherapeutics Inc [NASDAQ: ARQT] stock has seen the most recent analyst activity on December 30, 2024, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $19. Previously, Jefferies started tracking the stock with Buy rating on August 28, 2024, and set its price target to $15. On January 03, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $8 on the stock. Mizuho downgraded its rating to a Neutral and decreased its price target to $4 on October 26, 2023. Goldman downgraded its rating to a Neutral and reduced its price target to $6 on October 13, 2023. Needham started tracking with a Buy rating for this stock on September 07, 2022, and assigned it a price target of $46. In a note dated March 17, 2022, Goldman initiated an Buy rating and provided a target price of $45 on this stock.
Arcutis Biotherapeutics Inc experienced fluctuations in its stock price throughout the past year between $6.99 and $16.20. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Arcutis Biotherapeutics Inc [NASDAQ: ARQT] shares were valued at $14.72 at the most recent close of the market. An investor can expect a potential return of 29.08% based on the average ARQT price forecast.
Analyzing the ARQT fundamentals
Trailing Twelve Months sales for Arcutis Biotherapeutics Inc [NASDAQ:ARQT] were 196.54M which represents 427.58% growth. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at -0.65%, Pretax Profit Margin comes in at -0.71%, and Net Profit Margin reading is -0.71%. To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is -0.77 and Total Capital is -0.48. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.7.
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 14.06 points at the first support level, and at 13.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.12, and for the 2nd resistance point, it is at 15.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Arcutis Biotherapeutics Inc [NASDAQ:ARQT] is 4.15. On the other hand, the Quick Ratio is 3.97, and the Cash Ratio is 0.88. Considering the valuation of this stock, the price to sales ratio is 8.89, the price to book ratio is 11.01.
Transactions by insiders
Recent insider trading involved Burnett Patrick,, that happened on Mar 03 ’25 when 2819.0 shares were sold., Burnett Patrick completed a deal on Mar 04 ’25 to sell 954.0 shares. Meanwhile, Watanabe Todd Franklin sold 20880.0 shares on Mar 03 ’25.
