TG Therapeutics Inc [TGTX] stock prices are up 1.69% to $42.03 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TGTX shares have gain 13.69% over the last week, with a monthly amount glided 4.55%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TG Therapeutics Inc [NASDAQ: TGTX] stock has seen the most recent analyst activity on October 29, 2024, when TD Cowen initiated its Buy rating and assigned the stock a price target of $50. Previously, Goldman upgraded its rating to Neutral on August 02, 2023, and dropped its price target to $12. BofA Securities started tracking the stock assigning a Underperform rating and suggested a price target of $5 on May 20, 2022. B. Riley Securities reiterated its recommendation of a Buy and reduced its price target to $35 on February 23, 2022. Goldman downgraded its rating to Sell for this stock on November 15, 2021, and downed its price target to $26. In a note dated April 20, 2021, Goldman initiated an Neutral rating and provided a target price of $50 on this stock.
The stock price of TG Therapeutics Inc [TGTX] has been fluctuating between $12.93 and $43.32 over the past year. Currently, Wall Street analysts expect the stock to reach $27.5 within the next 12 months. TG Therapeutics Inc [NASDAQ: TGTX] shares were valued at $42.03 at the most recent close of the market. An investor can expect a potential drop of -34.57% based on the average TGTX price forecast.
Analyzing the TGTX fundamentals
The TG Therapeutics Inc [NASDAQ:TGTX] reported sales of 329.00M for trailing twelve months, representing a surge of 146.04%. Gross Profit Margin for this corporation currently stands at 0.88% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.12 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.14.
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 41.17 points at the first support level, and at 40.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.68, and for the 2nd resistance point, it is at 43.32.
Ratios To Look Out For
It’s worth pointing out that TG Therapeutics Inc [NASDAQ:TGTX]’s Current Ratio is 6.25. As well, the Quick Ratio is 5.03, while the Cash Ratio is 1.98. Considering the valuation of this stock, the price to sales ratio is 20.28, the price to book ratio is 29.46 and price to earnings (TTM) ratio is 301.07.
Transactions by insiders
Recent insider trading involved Power Sean A, CFO, that happened on Jan 03 ’25 when 11337.0 shares were sold. CFO, Power Sean A completed a deal on Jan 06 ’25 to sell 10021.0 shares. Meanwhile, Officer Power Sean A bought 10021.0 shares on Jan 06 ’25.
