Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Gilead Sciences, Inc. (NASDAQ: GILD) closed at $74.34 up 0.27% from its previous closing price of $74.14. In other words, the price has increased by $0.27 from its previous closing price. On the day, 4.86 million shares were traded. GILD stock price reached its highest trading level at $75.01 during the session, while it also had its lowest trading level at $73.75.
Ratios:
For a deeper understanding of Gilead Sciences, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 1.28 whereas as Long-Term Debt/Eq ratio is at 1.18.
On May 01, 2024, Maxim Group reiterated its Buy rating and also upped its target price recommendation from $90 to $85.
HSBC Securities Upgraded its Reduce to Hold on April 24, 2024, while the target price for the stock was maintained at $69.
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 Aug 13 ’24 when Mercier Johanna sold 5,490 shares for $73.98 per share. The transaction valued at 406,150 led to the insider holds 114,979 shares of the business.
JOHANNA MERCIER bought 5,490 shares of GILD for $406,150 on Aug 13 ’24. On Jul 01 ’24, another insider, Parsey Merdad, who serves as the Chief Medical Officer of the company, sold 2,000 shares for $68.63 each. As a result, the insider received 137,260 and left with 96,380 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 92552552448 and an Enterprise Value of 111788711936. As of this moment, Gilead’s Price-to-Earnings (P/E) ratio for their current fiscal year is 90.86, and their Forward P/E ratio for the next fiscal year is 10.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 16.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.33 while its Price-to-Book (P/B) ratio in mrq is 5.07. Its current Enterprise Value per Revenue stands at 4.02 whereas that against EBITDA is 8.304.
Stock Price History:
The Beta on a monthly basis for GILD is 0.20, which has changed by -0.02293092 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. 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 5.64%, while the 200-Day Moving Average is calculated to be 1.42%.
Shares Statistics:
For the past three months, GILD has traded an average of 7.29M shares per day and 6103850 over the past ten days. 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 85.12% stake in the company. Shares short for GILD as of 1722384000 were 17844574 with a Short Ratio of 2.45, compared to 1719532800 on 22995005. Therefore, it implies a Short% of Shares Outstanding of 17844574 and a Short% of Float of 1.43.
Dividends & Splits
According to the company, the forward annual dividend rate for GILD is 3.04, from 3.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.041003507The stock’s 5-year Average Dividend Yield is 4.03. The current Payout Ratio is 66.62% for GILD, which recently paid a dividend on 2024-06-14 with an ex-dividend date of 1726185600. Stock splits for the company last occurred on 2013-01-28 when the company split stock in a 2:1 ratio.