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.
Ardelyx Inc (NASDAQ: ARDX) closed the day trading at $3.73 down -9.56% from the previous closing price of $4.13. In other words, the price has decreased by -$9.56 from its previous closing price. On the day, 14.0 million shares were traded.
Ratios:
For a better understanding of ARDX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 4.12. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 1.06.
On March 04, 2025, BTIG Research started tracking the stock assigning a Buy rating and target price of $14.BTIG Research initiated its Buy rating on March 04, 2025, with a $14 target price.
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 May 02 ’25 when MOTT DAVID M bought 381,377 shares for $4.22 per share. The transaction valued at 1,610,936 led to the insider holds 2,396,871 shares of the business.
RAAB MICHAEL sold 41,666 shares of ARDX for $177,168 on May 02 ’25. The President & CEO now owns 1,594,754 shares after completing the transaction at $4.25 per share. On May 02 ’25, another insider, MICHAEL RAAB, who serves as the Director of the company, bought 125,000 shares for $5.47 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 6.13.
Stock Price History:
Over the past 52 weeks, ARDX has reached a high of $9.33, while it has fallen to a 52-week low of $4.02. The 50-Day Moving Average of the stock is -25.49%, while the 200-Day Moving Average is calculated to be -31.93%.
Shares Statistics:
A total of 239.20M shares are outstanding, with a floating share count of 230.59M. Insiders hold about 3.26% of the company’s shares, while institutions hold 63.46% stake in the company.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 4.0 analysts currently analyzing and rating the stock of Ardelyx Inc (ARDX).The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.04 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.4 and -$0.49 for the fiscal current year, implying an average EPS of -$0.44. EPS for the following year is $0.1, with 5.0 analysts recommending between $0.29 and -$0.12.
Revenue Estimates
10 analysts predict $82.63M in revenue for the current quarter. It ranges from a high estimate of $87.51M to a low estimate of $72.5M. As of the current estimate, Ardelyx Inc’s year-ago sales were $73.22MFor the next quarter, 10 analysts are estimating revenue of $96.94M. There is a high estimate of $107.49M for the next quarter, whereas the lowest estimate is $84.4M.
A total of 11 analysts have provided revenue estimates for ARDX’s current fiscal year. The highest revenue estimate was $401.46M, while the lowest revenue estimate was $344.9M, resulting in an average revenue estimate of $367.24M. In the same quarter a year ago, actual revenue was $333.62MBased on 11 analysts’ estimates, the company’s revenue will be $492.67M in the next fiscal year. The high estimate is $560.6M and the low estimate is $393.7M.