At the time of writing, 2seventy bio Inc [TSVT] stock is trading at $4.95, down -0.40%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value.
From an analyst’s perspective:
2seventy bio Inc [NASDAQ: TSVT] stock has seen the most recent analyst activity on June 06, 2024, when Goldman downgraded its rating to a Sell and also revised its price target to $2 from $5. Previously, Leerink Partners upgraded its rating to Outperform on January 31, 2024, and elevated its price target to $18. On January 31, 2024, downgrade downgraded it’s rating to Market Perform. Leerink Partners downgraded its rating to a Market Perform but stick to its price target of $6 on October 30, 2023. Citigroup initiated its recommendation with a Buy and recommended $13 as its price target on October 12, 2023. Goldman downgraded its rating to Neutral for this stock on September 13, 2023, but kept the price target unchanged to $5. In a note dated September 12, 2023, Guggenheim downgraded an Neutral rating on this stock.
For the past year, the stock price of 2seventy bio Inc fluctuated between $2.29 and $5.90. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. 2seventy bio Inc [NASDAQ: TSVT] shares were valued at $4.95 at the most recent close of the market. An investor can expect a potential return of 1.01% based on the average TSVT price forecast.
Analyzing the TSVT fundamentals
According to 2seventy bio Inc [NASDAQ:TSVT], the company’s sales were 37.86M for trailing twelve months, which represents an -72.61% plunge. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at -2.81%, Pretax Profit Margin comes in at -1.51%, and Net Profit Margin reading is -1.51%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.26 and Total Capital is -0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.16.
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 4.93 points at the first support level, and at 4.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.96, and for the 2nd resistance point, it is at 4.98.
Ratios To Look Out For
It is important to note that 2seventy bio Inc [NASDAQ:TSVT] has a current ratio of 4.67. As well, the Quick Ratio is 4.67, while the Cash Ratio is 1.78. Considering the valuation of this stock, the price to sales ratio is 6.84, the price to book ratio is 1.21.
Transactions by insiders
Recent insider trading involved Snow Jessica, Chief Operating Officer, that happened on Mar 17 ’25 when 2298.0 shares were sold. President and CEO, Baird William D III completed a deal on Mar 17 ’25 to sell 5092.0 shares. Meanwhile, Chief Financial Officer Eatwell Victoria sold 2592.0 shares on Mar 17 ’25.