Analyzing Ratios: Tarsus Pharmaceuticals Inc (TARS)’s Financial Story Unveiled

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The price of Tarsus Pharmaceuticals Inc (NASDAQ: TARS) closed at $25.69 in the last session, down -4.71% from day before closing price of $26.96. In other words, the price has decreased by -$4.71 from its previous closing price. On the day, 1.01 million shares were traded. TARS stock price reached its highest trading level at $26.98 during the session, while it also had its lowest trading level at $24.95.

Ratios:

We take a closer look at TARS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.99 and its Current Ratio is at 7.03. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.28.

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, Goldman on November 20, 2023, initiated with a Neutral rating and assigned the stock a target price of $19.

On July 18, 2023, William Blair started tracking the stock assigning a Outperform rating and target price of $44.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 12 ’24 when LINK WILLIAM J PHD sold 35,000 shares for $26.08 per share. The transaction valued at 912,961 led to the insider holds 0 shares of the business.

FLYING L PARTNERS XI LLC bought 35,000 shares of TARS for $939,750 on Aug 12 ’24. On Jun 18 ’24, another insider, Farrow Jeffrey S, who serves as the insider of the company, sold 10,445 shares for $27.47 each. As a result, the insider received 286,924 and left with 18,136 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, TARS now has a Market Capitalization of 977291264 and an Enterprise Value of 727344192. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.72 while its Price-to-Book (P/B) ratio in mrq is 3.87. Its current Enterprise Value per Revenue stands at 8.724 whereas that against EBITDA is -4.684.

Stock Price History:

Over the past 52 weeks, TARS has reached a high of $42.50, while it has fallen to a 52-week low of $12.57. The 50-Day Moving Average of the stock is -6.36%, while the 200-Day Moving Average is calculated to be -7.22%.

Shares Statistics:

According to the various share statistics, TARS traded on average about 737.89K shares per day over the past 3-months and 1114880 shares per day over the past 10 days. A total of 34.21M shares are outstanding, with a floating share count of 31.46M. Insiders hold about 17.86% of the company’s shares, while institutions hold 98.58% stake in the company. Shares short for TARS as of 1722384000 were 9758485 with a Short Ratio of 13.22, compared to 1719532800 on 8459817. Therefore, it implies a Short% of Shares Outstanding of 9758485 and a Short% of Float of 26.6.

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