Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $1.91 in the prior trading day, Erasca Inc (NASDAQ: ERAS) closed at $1.81, down -5.24%. In other words, the price has decreased by -$5.24 from its previous closing price. On the day, 0.9 million shares were traded. ERAS stock price reached its highest trading level at $1.91 during the session, while it also had its lowest trading level at $1.775.
Ratios:
Our goal is to gain a better understanding of ERAS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.04 and its Current Ratio is at 11.04. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.12.
On August 18, 2025, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $2.
On March 26, 2025, Raymond James started tracking the stock assigning a Outperform rating and target price of $5.Raymond James initiated its Outperform rating on March 26, 2025, with a $5 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 15 ’25 when Erasca Foundation bought 8,333 shares for $1.55 per share.
Erasca Foundation bought 8,333 shares of ERAS for $12,835 on Aug 15 ’25. On Jul 15 ’25, another insider, Erasca Foundation, who serves as the Affiliate of the company, bought 8,333 shares for $1.42 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ERAS now has a Market Capitalization of 513442944 and an Enterprise Value of 262204944.
Stock Price History:
The Beta on a monthly basis for ERAS is 1.13, which has changed by -0.32462686 over the last 52 weeks, in comparison to a change of 0.15101504 over the same period for the S&P500. Over the past 52 weeks, ERAS has reached a high of $3.31, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is 13.87%, while the 200-Day Moving Average is calculated to be 10.95%.
Shares Statistics:
The stock has traded on average 981.16K shares per day over the past 3-months and 1312890 shares per day over the last 10 days, according to various share statistics. A total of 283.65M shares are outstanding, with a floating share count of 160.90M. Insiders hold about 43.28% of the company’s shares, while institutions hold 50.44% stake in the company. Shares short for ERAS as of 1757894400 were 18621402 with a Short Ratio of 18.98, compared to 1755216000 on 18808653. Therefore, it implies a Short% of Shares Outstanding of 18621402 and a Short% of Float of 7.4499995.
Earnings Estimates
The stock of Erasca Inc (ERAS) is currently drawing attention from 6.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.09 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$0.41 and -$0.48 for the fiscal current year, implying an average EPS of -$0.44. EPS for the following year is -$0.45, with 6.0 analysts recommending between -$0.39 and -$0.51.
