In the latest session, Apellis Pharmaceuticals Inc (NASDAQ: APLS) closed at $56.92 up 1.17% from its previous closing price of $56.26. In other words, the price has increased by $+0.66 from its previous closing price. On the day, 1083329 shares were traded.
Ratios:
For a deeper understanding of Apellis Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 3.10. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.54.
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 the company, Jefferies on February 05, 2024, Upgraded its rating to Buy and sets its target price to $80 from $68 previously.
On November 09, 2023, Goldman started tracking the stock assigning a Buy rating and target price of $74.Goldman initiated its Buy rating on November 09, 2023, with a $74 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 18 ’24 when DeLong Mark Jeffrey sold 9,913 shares for $56.90 per share. The transaction valued at 564,050 led to the insider holds 54,693 shares of the business.
Chopas James George sold 184 shares of APLS for $10,389 on Mar 15 ’24. The VP/Chief Accounting Officer now owns 38,883 shares after completing the transaction at $56.46 per share. On Mar 13 ’24, another insider, Nicholson Nur, who serves as the Chief Technical Officer of the company, sold 11,220 shares for $57.56 each. As a result, the insider received 645,838 and left with 56,287 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, APLS now has a Market Capitalization of 6.79B and an Enterprise Value of 6.54B. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.31 while its Price-to-Book (P/B) ratio in mrq is 34.98. Its current Enterprise Value per Revenue stands at 16.50 whereas that against EBITDA is -13.22.
Stock Price History:
Over the past 52 weeks, APLS has reached a high of $94.75, while it has fallen to a 52-week low of $19.83. The 50-Day Moving Average of the stock is 64.95, while the 200-Day Moving Average is calculated to be 56.20.
Shares Statistics:
For the past three months, APLS has traded an average of 1.64M shares per day and 1.2M over the past ten days. A total of 119.56M shares are outstanding, with a floating share count of 98.81M. Insiders hold about 18.05% of the company’s shares, while institutions hold 91.91% stake in the company. Shares short for APLS as of Feb 29, 2024 were 10.06M with a Short Ratio of 6.15, compared to 10.67M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.35% and a Short% of Float of 9.69%.
Earnings Estimates
There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.54 for the current quarter, with a high estimate of -$0.28 and a low estimate of -$0.88, while EPS last year was -$1.56. The consensus estimate for the next quarter is -$0.37, with high estimates of $0.09 and low estimates of -$0.6.
Analysts are recommending an EPS of between $0.46 and -$2.23 for the fiscal current year, implying an average EPS of -$1.18. EPS for the following year is $1.2, with 11 analysts recommending between $2.28 and $0.13.
Revenue Estimates
A total of 12 analysts believe the company’s revenue will be $161.51M this quarter.It ranges from a high estimate of $178.58M to a low estimate of $130.45M. As of the current estimate, Apellis Pharmaceuticals Inc’s year-ago sales were $44.85M, an estimated increase of 260.10% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $188.52M, an increase of 168.40% less than the figure of $260.10% in the same quarter last year. There is a high estimate of $228.28M for the next quarter, whereas the lowest estimate is $161.39M.
A total of 13 analysts have provided revenue estimates for APLS’s current fiscal year. The highest revenue estimate was $919.78M, while the lowest revenue estimate was $712.95M, resulting in an average revenue estimate of $798.6M. In the same quarter a year ago, actual revenue was $396.59M, up 101.40% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.18B in the next fiscal year. The high estimate is $1.57B and the low estimate is $946.04M. The average revenue growth estimate for next year is up 48.00% from the average revenue estimate for this year.
