While Sarepta Therapeutics Inc has underperformed by -3.00%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SRPT rose by 32.25%, with highs and lows ranging from $173.25 to $78.67, whereas the simple moving average fell by -16.40% in the last 200 days.
On November 07, 2024, Cantor Fitzgerald Upgraded Sarepta Therapeutics Inc (NASDAQ: SRPT) to Overweight. A report published by Jefferies on October 21, 2024, Initiated its previous ‘Buy’ rating for SRPT. Raymond James also rated SRPT shares as ‘Outperform’, setting a target price of $150 on the company’s shares in an initiating report dated October 10, 2024. Citigroup June 26, 2024d its ‘Buy’ rating to ‘Neutral’ for SRPT, as published in its report on June 26, 2024. Piper Sandler’s report from May 31, 2024 suggests a price prediction of $157 for SRPT shares, giving the stock a ‘Overweight’ rating. RBC Capital Mkts also rated the stock as ‘Sector Perform’.
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Analysis of Sarepta Therapeutics Inc (SRPT)
Further, the quarter-over-quarter increase in sales is 40.79%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Sarepta Therapeutics Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 12.27% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.03, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 841.85K can be a very valuable indicator of volatility for SRPT stock. On a monthly basis, the volatility of the stock is set at 3.58%, whereas on a weekly basis, it is put at 4.15%, with a loss of -9.39% over the past seven days. Furthermore, long-term investors anticipate a median target price of $192.00, showing growth from the present price of $109.11, which can serve as yet another indication of whether SRPT is worth investing in or should be passed over.
How Do You Analyze Sarepta Therapeutics Inc Shares?
The USA based company Sarepta Therapeutics Inc (SRPT) is one of the biggest names in Biotechnology. When comparing Sarepta Therapeutics Inc shares with other companies under Healthcare, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 90.64, there is a growth in quarterly earnings of 173.55%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 6.13%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 94.89% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
SRPT shares are owned by institutional investors to the tune of 94.89% at present.
