Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Erasca Inc (NASDAQ: ERAS) was $1.45 for the day, down -4.61% from the previous closing price of $1.52. In other words, the price has decreased by -$4.61 from its previous closing price. On the day, 0.6 million shares were traded. ERAS stock price reached its highest trading level at $1.52 during the session, while it also had its lowest trading level at $1.43.
Ratios:
Our analysis of ERAS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 12.35 and its Current Ratio is at 12.35. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.12.
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, Raymond James on March 26, 2025, initiated with a Outperform rating and assigned the stock a target price of $5.
On November 18, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $6.
On March 11, 2024, CapitalOne started tracking the stock assigning a Overweight rating and target price of $8.CapitalOne initiated its Overweight rating on March 11, 2024, with a $8 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 16 ’25 when Erasca Foundation bought 8,333 shares for $1.42 per share.
Erasca Foundation bought 8,333 shares of ERAS for $9,902 on May 15 ’25. On Apr 15 ’25, another insider, Erasca Foundation, who serves as the Affiliate of the company, bought 8,333 shares for $1.22 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 410766176 and an Enterprise Value of 106000976.
Stock Price History:
The Beta on a monthly basis for ERAS is 1.06, which has changed by -0.5292208 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, ERAS has reached a high of $3.45, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is 4.24%, while the 200-Day Moving Average is calculated to be -25.45%.
Shares Statistics:
ERAS traded an average of 1.43M shares per day over the past three months and 1121810 shares per day over the past ten days. A total of 283.27M shares are outstanding, with a floating share count of 160.60M. Insiders hold about 43.31% of the company’s shares, while institutions hold 52.58% stake in the company. Shares short for ERAS as of 1749772800 were 20956369 with a Short Ratio of 13.45, compared to 1747267200 on 20989573. Therefore, it implies a Short% of Shares Outstanding of 20956369 and a Short% of Float of 8.4.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Erasca Inc (ERAS) is currently under the scrutiny of 3.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.1 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.4 and -$0.49 for the fiscal current year, implying an average EPS of -$0.46. EPS for the following year is -$0.53, with 5.0 analysts recommending between -$0.43 and -$0.64.