At the time of writing, Sight Sciences Inc [SGHT] stock is trading at $4.27, up 5.96%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SGHT shares have gain 1.91% over the last week, with a monthly amount glided 30.58%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sight Sciences Inc [NASDAQ: SGHT] stock has seen the most recent analyst activity on December 06, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $5.50. Previously, Lake Street downgraded its rating to Hold on November 04, 2024, and dropped its price target to $5. On August 21, 2024, Lake Street initiated with a Buy rating and assigned a price target of $10 on the stock. William Blair downgraded its rating to a Mkt Perform. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $5.50 on September 12, 2023. BofA Securities downgraded its rating to Underperform for this stock on September 12, 2023, and downed its price target to $4.50. In a note dated August 24, 2023, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $12 to $8.40.
For the past year, the stock price of Sight Sciences Inc fluctuated between $2.03 and $8.45. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Sight Sciences Inc [NASDAQ: SGHT] shares were valued at $4.27 at the most recent close of the market. An investor can expect a potential drop of -6.32% based on the average SGHT price forecast.
Analyzing the SGHT fundamentals
According to Sight Sciences Inc [NASDAQ:SGHT], the company’s sales were 78.11M for trailing twelve months, which represents an -9.12% plunge. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at -0.64%, Pretax Profit Margin comes in at -0.63%, and Net Profit Margin reading is -0.63%. To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is -0.55 and Total Capital is -0.42.
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 4.07 points at the first support level, and at 3.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.38, and for the 2nd resistance point, it is at 4.50.
Ratios To Look Out For
It is important to note that Sight Sciences Inc [NASDAQ:SGHT] has a current ratio of 10.47. As well, the Quick Ratio is 9.99, while the Cash Ratio is 8.97. Considering the valuation of this stock, the price to sales ratio is 2.83, the price to book ratio is 2.83.
Transactions by insiders
Recent insider trading involved Encrantz Staffan, Director, that happened on Jun 05 ’25 when 40951.0 shares were purchased. Director, Encrantz Staffan completed a deal on Jun 06 ’25 to buy 27900.0 shares. Meanwhile, Director Encrantz Staffan bought 21674.0 shares on Jun 04 ’25.
