Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of SpringWorks Therapeutics Inc (NASDAQ: SWTX) was $40.49 for the day, down -1.72% from the previous closing price of $41.20. In other words, the price has decreased by -$1.72 from its previous closing price. On the day, 2.08 million shares were traded. SWTX stock price reached its highest trading level at $42.3 during the session, while it also had its lowest trading level at $39.74.
Ratios:
Our analysis of SWTX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.02 and its Current Ratio is at 6.16. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Evercore ISI on November 20, 2024, initiated with a Outperform rating and assigned the stock a target price of $60.
On February 05, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $75.
On December 01, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $45.BofA Securities initiated its Buy rating on December 01, 2022, with a $45 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 Dec 03 ’24 when Edris Badreddin sold 20,000 shares for $41.97 per share. The transaction valued at 839,336 led to the insider holds 209,600 shares of the business.
Islam Saqib sold 49,000 shares of SWTX for $2,027,357 on Dec 02 ’24. The Chief Executive Officer now owns 1,014,368 shares after completing the transaction at $41.37 per share. On Sep 03 ’24, another insider, Islam Saqib, who serves as the Chief Executive Officer of the company, sold 49,000 shares for $40.57 each. As a result, the insider received 1,988,033 and left with 1,063,368 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, SWTX now has a Market Capitalization of 3011905536 and an Enterprise Value of 2641337088. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.23 while its Price-to-Book (P/B) ratio in mrq is 5.65. Its current Enterprise Value per Revenue stands at 19.495 whereas that against EBITDA is -9.038.
Stock Price History:
Over the past 52 weeks, SWTX has reached a high of $53.92, while it has fallen to a 52-week low of $28.21. The 50-Day Moving Average of the stock is 9.75%, while the 200-Day Moving Average is calculated to be 5.56%.
Shares Statistics:
SWTX traded an average of 1.15M shares per day over the past three months and 1035860 shares per day over the past ten days. A total of 74.34M shares are outstanding, with a floating share count of 65.88M. Insiders hold about 11.43% of the company’s shares, while institutions hold 101.71% stake in the company. Shares short for SWTX as of 1734048000 were 11690690 with a Short Ratio of 10.17, compared to 1731628800 on 12288278. Therefore, it implies a Short% of Shares Outstanding of 11690690 and a Short% of Float of 19.02.
