Ardelyx Inc [ARDX] stock prices are up 7.25% to $5.62 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ARDX shares have gain 3.88% over the last week, with a monthly amount glided 0.72%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, BTIG Research started tracking the stock with Buy rating on March 04, 2025, and set its price target to $14. On November 11, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $5.50 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $7 on July 02, 2024. Leerink Partners initiated its recommendation with a Outperform and recommended $14 as its price target on April 05, 2024. Raymond James started tracking with a Strong Buy rating for this stock on December 18, 2023, and assigned it a price target of $12. In a note dated September 07, 2023, H.C. Wainwright initiated an Buy rating and provided a target price of $9 on this stock.
The stock price of Ardelyx Inc [ARDX] has been fluctuating between $4.32 and $9.33 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Ardelyx Inc [NASDAQ: ARDX] shares were valued at $5.62 at the most recent close of the market. An investor can expect a potential return of 95.73% based on the average ARDX price forecast.
Analyzing the ARDX fundamentals
The Ardelyx Inc [NASDAQ:ARDX] reported sales of 333.62M for trailing twelve months, representing a surge of 237.95%. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.25 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.89.
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 5.34 points at the first support level, and at 5.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.77, and for the 2nd resistance point, it is at 5.92.
Ratios To Look Out For
It’s worth pointing out that Ardelyx Inc [NASDAQ:ARDX]’s Current Ratio is 4.58. Further, the Quick Ratio stands at 4.31, while the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 4.02, the price to book ratio is 7.72.
Transactions by insiders
Recent insider trading involved RAAB MICHAEL, President & CEO, that happened on Mar 07 ’25 when 41668.0 shares were sold. Director, MOTT DAVID M completed a deal on Feb 24 ’25 to buy 77729.0 shares. Meanwhile, Chief Medical Officer Williams Laura A sold 4941.0 shares on Feb 20 ’25.
