The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Arvinas Inc’s stock clocked out at $18.01, down -3.28% from its previous closing price of $18.62. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 0.81 million shares were traded. ARVN stock price reached its highest trading level at $18.48 during the session, while it also had its lowest trading level at $17.35.
Ratios:
To gain a deeper understanding of ARVN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.62 and its Current Ratio is at 4.17. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, BTIG Research on December 10, 2024, initiated with a Buy rating and assigned the stock a target price of $69.
On November 18, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $55.
Oppenheimer reiterated its Outperform rating for the stock on February 28, 2024, while the target price for the stock was revised from $95 to $80.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 07 ’24 when Loomis David K sold 231 shares for $27.69 per share. The transaction valued at 6,396 led to the insider holds 8,040 shares of the business.
Houston John G sold 5,196 shares of ARVN for $244,472 on Feb 23 ’24. The President and CEO now owns 1,036,681 shares after completing the transaction at $47.05 per share. On Feb 23 ’24, another insider, Cassidy Sean A, who serves as the Chief Financial Officer of the company, sold 1,702 shares for $47.05 each. As a result, the insider received 80,079 and left with 181,916 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, ARVN now has a Market Capitalization of 1279437568 and an Enterprise Value of 117422896. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.68 while its Price-to-Book (P/B) ratio in mrq is 2.11. Its current Enterprise Value per Revenue stands at 0.729 whereas that against EBITDA is -0.333.
Stock Price History:
The Beta on a monthly basis for ARVN is 1.90, which has changed by -0.5112861 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, ARVN has reached a high of $53.08, while it has fallen to a 52-week low of $17.37. The 50-Day Moving Average of the stock is -21.29%, while the 200-Day Moving Average is calculated to be -33.92%.
Shares Statistics:
It appears that ARVN traded 776.11K shares on average per day over the past three months and 817440 shares per day over the past ten days. A total of 68.70M shares are outstanding, with a floating share count of 59.53M. Insiders hold about 13.37% of the company’s shares, while institutions hold 99.99% stake in the company. Shares short for ARVN as of 1734048000 were 9614234 with a Short Ratio of 12.21, compared to 1731628800 on 8538924. Therefore, it implies a Short% of Shares Outstanding of 9614234 and a Short% of Float of 14.249999999999998.
