In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Delcath Systems Inc (NASDAQ: DCTH) closed at $10.65 in the last session, up 2.80% from day before closing price of $10.36. In other words, the price has increased by $2.80 from its previous closing price. On the day, 0.57 million shares were traded. DCTH stock price reached its highest trading level at $10.81 during the session, while it also had its lowest trading level at $10.3.
Ratios:
We take a closer look at DCTH’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 96.27. For the most recent quarter (mrq), Quick Ratio is recorded 9.87 and its Current Ratio is at 10.88. 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, Craig Hallum on June 28, 2024, initiated with a Buy rating and assigned the stock a target price of $18.
On May 14, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DCTH now has a Market Capitalization of 372550816 and an Enterprise Value of 292538336. As of this moment, Delcath’s Price-to-Earnings (P/E) ratio for their current fiscal year is 234.07, and their Forward P/E ratio for the next fiscal year is 19.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.30 while its Price-to-Book (P/B) ratio in mrq is 3.55. Its current Enterprise Value per Revenue stands at 4.165 whereas that against EBITDA is 56.496.
Stock Price History:
The Beta on a monthly basis for DCTH is 0.84, which has changed by 0.3515228 over the last 52 weeks, in comparison to a change of 0.15222645 over the same period for the S&P500. Over the past 52 weeks, DCTH has reached a high of $18.23, while it has fallen to a 52-week low of $7.45. The 50-Day Moving Average of the stock is -14.03%, while the 200-Day Moving Average is calculated to be -17.57%.
Shares Statistics:
According to the various share statistics, DCTH traded on average about 768.31K shares per day over the past 3-months and 1109770 shares per day over the past 10 days. A total of 34.96M shares are outstanding, with a floating share count of 32.61M. Insiders hold about 6.77% of the company’s shares, while institutions hold 48.65% stake in the company. Shares short for DCTH as of 1753920000 were 2817473 with a Short Ratio of 3.67, compared to 1751241600 on 1594921. Therefore, it implies a Short% of Shares Outstanding of 2817473 and a Short% of Float of 8.189999.
Earnings Estimates
The dynamic stock of Delcath Systems Inc (DCTH) is currently attracting attention from 5.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is -$0.01, with high estimates of $0.04 and low estimates of -$0.09.
Analysts are recommending an EPS of between $0.17 and -$0.08 for the fiscal current year, implying an average EPS of $0.07. EPS for the following year is $0.56, with 5.0 analysts recommending between $0.87 and $0.25.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $23.9M. It ranges from a high estimate of $24.98M to a low estimate of $22.8M. As of the current estimate, Delcath Systems Inc’s year-ago sales were $11.2MFor the next quarter, 6 analysts are estimating revenue of $26.7M. There is a high estimate of $27.2M for the next quarter, whereas the lowest estimate is $26.21M.
A total of 6 analysts have provided revenue estimates for DCTH’s current fiscal year. The highest revenue estimate was $96M, while the lowest revenue estimate was $93.8M, resulting in an average revenue estimate of $94.55M. In the same quarter a year ago, actual revenue was $37.2MBased on 6 analysts’ estimates, the company’s revenue will be $134.83M in the next fiscal year. The high estimate is $153.15M and the low estimate is $123.5M.
