A share price of Arcellx Inc [ACLX] is currently trading at $60.69, down -1.20%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ACLX shares have gain 2.59% over the last week, with a monthly amount drifted -13.14%, 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.
Arcellx Inc experienced fluctuations in its stock price throughout the past year 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 $60.69 at the most recent close of the market. An investor can expect a potential return of 83.89% based on the average ACLX price forecast.
Analyzing the ACLX fundamentals
Trailing Twelve Months sales for Arcellx Inc [NASDAQ:ACLX] were 107.94M which represents -75.83% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.
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 59.66 points at the first support level, and at 58.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 61.45, and for the 2nd resistance point, it is at 62.20.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Arcellx Inc [NASDAQ:ACLX] is 4.78. Also, the Quick Ratio is 4.78, while the Cash Ratio stands at 0.84. Considering the valuation of this stock, the price to sales ratio is 30.89, the price to book ratio is 7.25.
Transactions by insiders
Recent insider trading involved Patel Kavita, Director, that happened on Apr 08 ’25 when 1500.0 shares were sold. Director, Patel Kavita completed a deal on Mar 18 ’25 to sell 1500.0 shares. Meanwhile, Elghandour Rami sold 38300.0 shares on Feb 26 ’25.
