As of close of business last night, Sage Therapeutics Inc.’s stock clocked out at $49.15, down -4.82% from its previous closing price of $51.64. In other words, the price has decreased by -$2.49 from its previous closing price. On the day, 507190 shares were traded. SAGE stock price reached its highest trading level at $51.37 during the session, while it also had its lowest trading level at $48.90.
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Ratios:
To gain a deeper understanding of SAGE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.20 and its Current Ratio is at 14.20. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 09 when Barrett Elizabeth bought 1,000 shares for $50.50 per share. The transaction valued at 50,500 led to the insider holds 1,000 shares of the business.
JONAS JEFFREY M sold 11,643 shares of SAGE for $519,413 on Feb 10. The Director now owns 121,981 shares after completing the transaction at $44.61 per share. On Nov 10, another insider, Greene Barry E, who serves as the President and CEO of the company, bought 14,500 shares for $34.48 each. As a result, the insider paid 500,022 and bolstered with 46,940 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SAGE now has a Market Capitalization of 2.72B and an Enterprise Value of 1.46B. For the stock, the TTM Price-to-Sale (P/S) ratio is 308.97 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 155.54 whereas that against EBITDA is -2.53.
Stock Price History:
Over the past 52 weeks, SAGE has reached a high of $54.86, while it has fallen to a 52-week low of $30.67. The 50-Day Moving Average of the stock is 46.69, while the 200-Day Moving Average is calculated to be 41.99.
Shares Statistics:
It appears that SAGE traded 522.60K shares on average per day over the past three months and 410.06k shares per day over the past ten days. A total of 59.67M shares are outstanding, with a floating share count of 52.05M. Insiders hold about 0.10% of the company’s shares, while institutions hold 88.70% stake in the company. Shares short for SAGE as of Apr 27, 2023 were 4.73M with a Short Ratio of 5.61M, compared to 4.79M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 7.91% and a Short% of Float of 10.34%.
Earnings Estimates
As of right now, 21 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$2.57 for the current quarter, with a high estimate of -$2.08 and a low estimate of -$2.86, while EPS last year was -$2.13. The consensus estimate for the next quarter is -$2.5, with high estimates of $0.72 and low estimates of -$3.35.
Analysts are recommending an EPS of between -$6.35 and -$10.69 for the fiscal current year, implying an average EPS of -$7.81. EPS for the following year is -$8.63, with 20 analysts recommending between -$5.61 and -$11.7.
Revenue Estimates
In the current quarter, 19 analysts expect revenue to total $2.91M. It ranges from a high estimate of $3.6M to a low estimate of $1.54M. As of the current estimate, Sage Therapeutics Inc.’s year-ago sales were $1.5M, an estimated increase of 93.90% from the year-ago figure. For the next quarter, 19 analysts are estimating revenue of $16.84M, an increase of 868.40% over than the figure of $93.90% in the same quarter last year. There is a high estimate of $197.62M for the next quarter, whereas the lowest estimate is $1M.
A total of 21 analysts have provided revenue estimates for SAGE’s current fiscal year. The highest revenue estimate was $253.9M, while the lowest revenue estimate was $8.29M, resulting in an average revenue estimate of $175.63M. In the same quarter a year ago, actual revenue was $7.69M, up 2,185.10% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $198.49M in the next fiscal year. The high estimate is $346.9M and the low estimate is $68.8M. The average revenue growth estimate for next year is up 13.00% from the average revenue estimate for this year.
