Currently, Terns Pharmaceuticals Inc [TERN] is trading at $3.66, up 5.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TERN shares have gain 0.83% over the last week, with a monthly amount drifted -17.94%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Oppenheimer started tracking the stock with Outperform rating on October 31, 2024, and set its price target to $82. On June 22, 2023, Mizuho initiated with a Buy rating and assigned a price target of $16 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $18 on June 07, 2023. ROTH MKM initiated its recommendation with a Buy and recommended $23 as its price target on May 31, 2023. BMO Capital Markets started tracking with a Outperform rating for this stock on May 08, 2023, and assigned it a price target of $18. In a note dated February 14, 2023, JMP Securities initiated an Mkt Outperform rating and provided a target price of $17 on this stock.
This stock has fluctuated between a low of $3.24 and a high of $11.40 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Terns Pharmaceuticals Inc [NASDAQ: TERN] shares were valued at $3.66 at the most recent close of the market. An investor can expect a potential return of 528.42% based on the average TERN price forecast.
Analyzing the TERN fundamentals
Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -75.63%, Pretax Profit Margin comes in at -66.42%, and Net Profit Margin reading is -66.62%. To continue investigating profitability, this company’s Return on Assets is posted at -0.23, Equity is -0.33 and Total Capital is -0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 3.52 points at the first support level, and at 3.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.73, and for the 2nd resistance point, it is at 3.80.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Terns Pharmaceuticals Inc [NASDAQ:TERN] is 32.99. Also, the Quick Ratio is 32.99, while the Cash Ratio stands at 23.67.
Transactions by insiders
Recent insider trading involved Jung Melita Sun, Chief Business Officer, that happened on Nov 30 ’24 when 2250.0 shares were purchased. Chief Executive Officer, Burroughs Amy L. completed a deal on Nov 30 ’24 to buy 510.0 shares. Meanwhile, Chief Medical Officer Kuriakose Emil sold 4481.0 shares on Jan 02 ’25.
