Accuray Inc [ARAY] stock prices are down -1.24% to $1.59 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ARAY shares have gain 2.58% over the last week, with a monthly amount drifted -1.85%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Accuray Inc [NASDAQ: ARAY] stock has seen the most recent analyst activity on February 13, 2024, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $9. Previously, B. Riley Securities started tracking the stock with Buy rating on June 23, 2022, and set its price target to $7.50. On December 22, 2021, Loop Capital initiated with a Buy rating and assigned a price target of $7.50 on the stock. BTIG Research upgraded its rating to a Buy but stick to its price target of $9.50 on January 21, 2020. Citigroup upgraded its rating to a Neutral. JP Morgan downgraded its rating to Underweight for this stock on December 13, 2017. In a note dated November 30, 2017, Lake Street initiated an Buy rating and provided a target price of $10 on this stock.
The stock price of Accuray Inc [ARAY] has been fluctuating between $1.14 and $2.95 over the past year. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Accuray Inc [NASDAQ: ARAY] shares were valued at $1.59 at the most recent close of the market. An investor can expect a potential return of 277.36% based on the average ARAY price forecast.
Analyzing the ARAY fundamentals
The Accuray Inc [NASDAQ:ARAY] reported sales of 458.50M for trailing twelve months, representing a drop of -5.02%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.03 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It’s worth pointing out that Accuray Inc [NASDAQ:ARAY]’s Current Ratio is 1.63. Also, the Quick Ratio is 0.90, while the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 0.39, the price to book ratio is 2.21.
Transactions by insiders
Recent insider trading involved WHITTERS JOSEPH E, Director, that happened on Jun 13 ’25 when 50000.0 shares were purchased. Officer, Hoge Michael completed a deal on Feb 11 ’25 to buy 0.24 million shares.