Is Legend Biotech Corp ADR (LEGN) Stock a Good Buy for Short-term Investors?

At the time of writing, Legend Biotech Corp ADR [LEGN] stock is trading at $36.93, down -0.16%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LEGN shares have lost -1.94% over the last week, with a monthly amount drifted -6.72%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Legend Biotech Corp ADR [NASDAQ: LEGN] 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 $86. Previously, Truist started tracking the stock with Buy rating on June 17, 2024, and set its price target to $88. On May 24, 2024, H.C. Wainwright reiterated its Buy rating and revised its price target to $73 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $60 on May 23, 2024. Scotiabank upgraded its rating to a Sector Outperform but $65 remained the price target by the analyst firm on April 17, 2024. Cantor Fitzgerald started tracking with a Overweight rating for this stock on April 03, 2024, and assigned it a price target of $82. In a note dated March 13, 2024, Raymond James initiated an Outperform rating and provided a target price of $86 on this stock.

For the past year, the stock price of Legend Biotech Corp ADR fluctuated between $27.34 and $59.62. Currently, Wall Street analysts expect the stock to reach $64.5 within the next 12 months. Legend Biotech Corp ADR [NASDAQ: LEGN] shares were valued at $36.93 at the most recent close of the market. An investor can expect a potential return of 74.65% based on the average LEGN price forecast.

Analyzing the LEGN fundamentals

According to Legend Biotech Corp ADR [NASDAQ:LEGN], the company’s sales were 798.01M for trailing twelve months, which represents an 37.22% jump. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.38%, and Net Profit Margin reading is -0.41%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.31 and Total Capital is -0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.37.

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 36.50 points at the first support level, and at 36.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.68, and for the 2nd resistance point, it is at 38.42.

Ratios To Look Out For

It is important to note that Legend Biotech Corp ADR [NASDAQ:LEGN] has a current ratio of 4.71. Also, the Quick Ratio is 4.57, while the Cash Ratio stands at 1.0. Considering the valuation of this stock, the price to sales ratio is 8.54, the price to book ratio is 6.58.

Transactions by insiders

Recent insider trading involved Huang Ying, Officer, that happened on Jul 23 ’25 when 15291.0 shares were purchased. Officer, Yeung Jessie completed a deal on Jul 23 ’25 to buy 642.0 shares. Meanwhile, Director Casey Patrick John bought 1000.0 shares on Jun 26 ’25.

Related Posts

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.