While Immatics N.V has overperformed by 2.23%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, IMTX fell by -29.36%, with highs and lows ranging from $13.77 to $6.72, whereas the simple moving average fell by -36.16% in the last 200 days.
On October 07, 2024, Piper Sandler started tracking Immatics N.V (NASDAQ: IMTX) recommending Overweight. A report published by Cantor Fitzgerald on November 02, 2023, Initiated its previous ‘Overweight’ rating for IMTX. Mizuho also rated IMTX shares as ‘Buy’, setting a target price of $12 on the company’s shares in an initiating report dated March 31, 2023. Bryan Garnier Initiated an Buy rating on March 24, 2023, and assigned a price target of $16. BofA Securities initiated its ‘Buy’ rating for IMTX, as published in its report on November 20, 2020. Goldman’s report from September 22, 2020 suggests a price prediction of $17 for IMTX shares, giving the stock a ‘Buy’ rating. SVB Leerink also rated the stock as ‘Outperform’.
Analysis of Immatics N.V (IMTX)
Further, the quarter-over-quarter increase in sales is 761.57%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Immatics N.V’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 -17.48% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.98, 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 605.58K can be a very valuable indicator of volatility for IMTX stock. On a monthly basis, the volatility of the stock is set at 4.62%, whereas on a weekly basis, it is put at 5.16%, with a loss of -7.15% over the past seven days. Furthermore, long-term investors anticipate a median target price of $16.67, showing growth from the present price of $6.88, which can serve as yet another indication of whether IMTX is worth investing in or should be passed over.
How Do You Analyze Immatics N.V Shares?
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 25.46%. 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 61.70% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
IMTX shares are owned by institutional investors to the tune of 61.70% at present.
