The share price of Spectrum Pharmaceuticals, Inc. [NASDAQ: SPPI] inclined by $2.40, presently trading at $2.68. The company’s shares saw 11.67% gains compared to the lowest price in the period of the last 52 weeks, set at $2.40 recorded on 02/27/20. The last few days have been benevolent to the share price as SPPI fall by -12.17% during the last week, even though the stock is still down by -10.40% compared to -0.37 of all time high it touched on 02/24/20. However, the stock had a poor performance during the past 3 months, roughly losing -8.05%, while additionally dropping -77.80% during the last 12 months. Spectrum Pharmaceuticals, Inc. is said to have a 12-month price target set at $9.75. That means that the stock has a strong potential to acquire 7.07% increase from the current trading price.
Spectrum Pharmaceuticals, Inc. [NASDAQ:SPPI]: Analyst Rating and Earnings
This is compared to its latest closing price of $2.40.
Keep your eyes peeled for the soon-to-be-published financial results of this company, which are expected to be made public on 05/07/2020.
Fundamental Analysis of Spectrum Pharmaceuticals, Inc. [SPPI]
Now let’s turn to look at profitability: with a current Operating Margin for Spectrum Pharmaceuticals, Inc. [SPPI] sitting at -119.98 and its Gross Margin at +49.83.
This company’s Return on Total Capital is -38.99, and its Return on Invested Capital has reached -46.30%. Its Return on Equity is -37.82, and its Return on Assets is -27.06. These metrics suggest that this Spectrum Pharmaceuticals, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
The Enterprise Value to Sales for this firm is now 6.40. Spectrum Pharmaceuticals, Inc. [SPPI] has a Price to Book Ratio of 3.41.
Shifting the focus to workforce efficiency, Spectrum Pharmaceuticals, Inc. [SPPI] earns $465,247 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 3.22 and its Total Asset Turnover is 0.25. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 2.86 and its Current Ratio is 2.90. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Spectrum Pharmaceuticals, Inc. [SPPI] has 113.72M shares outstanding, amounting to a total market cap of $272.93M. Its stock price has been found in the range of 2.40 to 11.36. At its current price, it has moved down by -76.41% from its 52-week high, and it has moved up 11.67% from its 52-week low.
This stock’s Beta value is currently 2.74, which indicates that it is 7.96% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 44.14. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Spectrum Pharmaceuticals, Inc. [SPPI] a Reliable Buy?
Shares of Spectrum Pharmaceuticals, Inc. [SPPI], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.