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After finishing at $68.40 in the prior trading day, Gilead Sciences, Inc. (NASDAQ: GILD) closed at $66.60, down -2.63%. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 4.0 million shares were traded. GILD stock price reached its highest trading level at $68.33 during the session, while it also had its lowest trading level at $66.58.
Ratios:
Our goal is to gain a better understanding of GILD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.50. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 1.23.
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, Maxim Group on May 01, 2024, Reiterated its Buy rating but revised its target price to $85 from $90 previously.
On April 24, 2024, HSBC Securities Upgraded its rating to Hold which previously was Reduce but kept the price unchanged to $69.
Truist Downgraded its Buy to Hold on February 22, 2024, whereas the target price for the stock was revised from $91 to $82.
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 Jul 01 ’24 when Parsey Merdad sold 2,000 shares for $68.63 per share. The transaction valued at 137,260 led to the insider holds 96,380 shares of the business.
GILEAD SCIENCES, INC. bought 485,250 shares of GILD for $368,790 on Apr 02 ’24. The 10% Owner now owns 7,345,473 shares after completing the transaction at $0.76 per share. On Apr 01 ’24, another insider, Parsey Merdad, who serves as the Chief Medical Officer of the company, sold 2,000 shares for $72.96 each. As a result, the insider received 145,920 and left with 96,304 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, GILD now has a Market Capitalization of 82961145856 and an Enterprise Value of 102547365888. As of this moment, Gilead’s Price-to-Earnings (P/E) ratio for their current fiscal year is 185.67, and their Forward P/E ratio for the next fiscal year is 9.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 34.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.03 while its Price-to-Book (P/B) ratio in mrq is 4.73. Its current Enterprise Value per Revenue stands at 3.736 whereas that against EBITDA is 8.097.
Stock Price History:
Over the past 52 weeks, GILD has reached a high of $87.86, while it has fallen to a 52-week low of $62.07. The 50-Day Moving Average of the stock is 0.69%, while the 200-Day Moving Average is calculated to be -9.78%.
Shares Statistics:
The stock has traded on average 7.70M shares per day over the past 3-months and 11333570 shares per day over the last 10 days, according to various share statistics. A total of 1.25B shares are outstanding, with a floating share count of 1.24B. Insiders hold about 0.09% of the company’s shares, while institutions hold 85.65% stake in the company. Shares short for GILD as of 1718323200 were 18806316 with a Short Ratio of 2.44, compared to 1715731200 on 21700643. Therefore, it implies a Short% of Shares Outstanding of 18806316 and a Short% of Float of 1.50999995.
Dividends & Splits
In the trailing 12 months, GILD’s forward annual dividend rate was 3.02, compared to 3.04 this year. Against a Trailing Annual Dividend Yield of 0.044152044The stock’s 5-year Average Dividend Yield is 4.03.
