Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Delcath Systems Inc (NASDAQ: DCTH) closed at $9.72 down -4.24% from its previous closing price of $10.15. In other words, the price has decreased by -$4.24 from its previous closing price. On the day, 1.01 million shares were traded. DCTH stock price reached its highest trading level at $10.13 during the session, while it also had its lowest trading level at $9.71.
Ratios:
For a deeper understanding of Delcath Systems Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 87.86. For the most recent quarter (mrq), Quick Ratio is recorded 9.87 and its Current Ratio is at 10.88. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Craig Hallum on June 28, 2024, initiated with a Buy rating and assigned the stock a target price of $18.
On May 14, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DCTH now has a Market Capitalization of 340017792 and an Enterprise Value of 260005776. As of this moment, Delcath’s Price-to-Earnings (P/E) ratio for their current fiscal year is 213.63, and their Forward P/E ratio for the next fiscal year is 23.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.27 while its Price-to-Book (P/B) ratio in mrq is 3.24. Its current Enterprise Value per Revenue stands at 3.702 whereas that against EBITDA is 50.214.
Stock Price History:
The Beta on a monthly basis for DCTH is 0.80, which has changed by -0.10743803 over the last 52 weeks, in comparison to a change of 0.20772064 over the same period for the S&P500. Over the past 52 weeks, DCTH has reached a high of $18.23, while it has fallen to a 52-week low of $8.87. The 50-Day Moving Average of the stock is -11.49%, while the 200-Day Moving Average is calculated to be -24.44%.
Shares Statistics:
For the past three months, DCTH has traded an average of 810.29K shares per day and 1437590 over the past ten days. A total of 34.98M shares are outstanding, with a floating share count of 32.63M. Insiders hold about 6.73% of the company’s shares, while institutions hold 49.03% stake in the company. Shares short for DCTH as of 1760486400 were 4772125 with a Short Ratio of 5.89, compared to 1757894400 on 3197016. Therefore, it implies a Short% of Shares Outstanding of 4772125 and a Short% of Float of 13.87.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 1.0 analysts currently analyzing and rating the stock of Delcath Systems Inc (DCTH).The consensus estimate for the next quarter is -$0.01, with high estimates of $0.02 and low estimates of -$0.09.
Analysts are recommending an EPS of between $0.14 and -$0.08 for the fiscal current year, implying an average EPS of $0.09. EPS for the following year is $0.55, with 5.0 analysts recommending between $0.67 and $0.25.
Revenue Estimates
A total of 6 analysts have provided revenue estimates for DCTH’s current fiscal year. The highest revenue estimate was $85.1M, while the lowest revenue estimate was $83.93M, resulting in an average revenue estimate of $84.33M. In the same quarter a year ago, actual revenue was $37.2MBased on 6 analysts’ estimates, the company’s revenue will be $115.11M in the next fiscal year. The high estimate is $127.38M and the low estimate is $99.4M.
