Market Resilience: Rigel Pharmaceuticals (RIGL) Finishes Weak at 40.78, Down -3.02

Ulysses Smith

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

Rigel Pharmaceuticals (NASDAQ: RIGL) closed the day trading at $40.78 down -3.02% from the previous closing price of $42.05. In other words, the price has decreased by -$3.02 from its previous closing price. On the day, 0.53 million shares were traded. RIGL stock price reached its highest trading level at $42.255 during the session, while it also had its lowest trading level at $40.52.

Ratios:

For a better understanding of RIGL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.86. For the most recent quarter (mrq), Quick Ratio is recorded 2.14 and its Current Ratio is at 2.28. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.26.

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 Feb 04 ’25 when Schorno Dean L sold 2,036 shares for $20.92 per share. The transaction valued at 42,595 led to the insider holds 58,969 shares of the business.

Schorno Dean L sold 1,734 shares of RIGL for $38,020 on Feb 05 ’25. The EVP & Chief Financial Officer now owns 57,235 shares after completing the transaction at $21.93 per share. On Feb 04 ’25, another insider, Santos David A, who serves as the EVP, Chief Commercial Officer of the company, sold 2,125 shares for $20.92 each. As a result, the insider received 44,457 and left with 53,500 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, RIGL now has a Market Capitalization of 740211776 and an Enterprise Value of 663948800. As of this moment, Rigel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.61, and their Forward P/E ratio for the next fiscal year is 10.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.62 while its Price-to-Book (P/B) ratio in mrq is 6.29. Its current Enterprise Value per Revenue stands at 2.354 whereas that against EBITDA is 5.47.

Stock Price History:

The Beta on a monthly basis for RIGL is 1.09, which has changed by 1.1969697 over the last 52 weeks, in comparison to a change of 0.13613915 over the same period for the S&P500. Over the past 52 weeks, RIGL has reached a high of $52.24, while it has fallen to a 52-week low of $14.63. The 50-Day Moving Average of the stock is 10.76%, while the 200-Day Moving Average is calculated to be 50.21%.

Shares Statistics:

Over the past 3-months, RIGL traded about 627.99K shares per day on average, while over the past 10 days, RIGL traded about 518610 shares per day. A total of 18.14M shares are outstanding, with a floating share count of 17.68M. Insiders hold about 2.65% of the company’s shares, while institutions hold 83.00% stake in the company. Shares short for RIGL as of 1764288000 were 2757766 with a Short Ratio of 4.39, compared to 1761868800 on 3435660. Therefore, it implies a Short% of Shares Outstanding of 2757766 and a Short% of Float of 15.6.

Earnings Estimates

. The current market rating for Rigel Pharmaceuticals (RIGL) reflects the collective analysis of 5.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.8, with high estimates of $0.85 and low estimates of $0.74.

Analysts are recommending an EPS of between $6.92 and $5.95 for the fiscal current year, implying an average EPS of $6.55. EPS for the following year is $4.24, with 5.0 analysts recommending between $5.19 and $3.09.

Revenue Estimates

5 analysts predict $66.44M in revenue for. The current quarter. It ranges from a high estimate of $71.1M to a low estimate of $60.64M. As of. The current estimate, Rigel Pharmaceuticals’s year-ago sales were $57.6MFor the next quarter, 5 analysts are estimating revenue of $59.29M. There is a high estimate of $60.3M for the next quarter, whereas the lowest estimate is $58.27M.

A total of 5 analysts have provided revenue estimates for RIGL’s current fiscal year. The highest revenue estimate was $295.6M, while the lowest revenue estimate was $285.12M, resulting in an average revenue estimate of $290.94M. In the same quarter a year ago, actual revenue was $179.28MBased on 5 analysts’ estimates, the company’s revenue will be $291.58M in the next fiscal year. The high estimate is $356.2M and the low estimate is $264.08M.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.