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The closing price of Sarepta Therapeutics Inc (NASDAQ: SRPT) was $151.48 for the day, down -0.17% from the previous closing price of $151.73. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 1.1 million shares were traded. SRPT stock price reached its highest trading level at $154.9 during the session, while it also had its lowest trading level at $150.47.
Ratios:
Our analysis of SRPT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.44 and its Current Ratio is at 4.05. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 1.33.
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 the company, Citigroup on June 26, 2024, Downgraded its rating to Neutral and sets its target price to $176 from $172 previously.
On May 31, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $157.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on May 28, 2024, whereas the target price for the stock was revised from $157 to $142.
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 Jun 25 ’24 when Brown Ryan Edward sold 38,957 shares for $161.61 per share. The transaction valued at 6,296,029 led to the insider holds 17,129 shares of the business.
Arif Bilal sold 3,898 shares of SRPT for $636,271 on Jun 25 ’24. The Chief Tech Ops Officer now owns 17,363 shares after completing the transaction at $163.23 per share. On Jun 24 ’24, another insider, Arif Bilal, who serves as the Chief Tech Ops Officer of the company, sold 7,859 shares for $163.08 each. As a result, the insider received 1,281,621 and left with 21,261 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, SRPT now has a Market Capitalization of 14317992960 and an Enterprise Value of 14322862080. As of this moment, Sarepta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2277.82, and their Forward P/E ratio for the next fiscal year is 12.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.20 while its Price-to-Book (P/B) ratio in mrq is 14.89. Its current Enterprise Value per Revenue stands at 10.207 whereas that against EBITDA is -270.268.
Stock Price History:
The Beta on a monthly basis for SRPT is 0.88, which has changed by 0.396129 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, SRPT has reached a high of $173.25, while it has fallen to a 52-week low of $55.25. The 50-Day Moving Average of the stock is 14.27%, while the 200-Day Moving Average is calculated to be 30.00%.
Shares Statistics:
SRPT traded an average of 1.78M shares per day over the past three months and 1825400 shares per day over the past ten days. A total of 93.73M shares are outstanding, with a floating share count of 88.72M. Insiders hold about 6.14% of the company’s shares, while institutions hold 87.27% stake in the company. Shares short for SRPT as of 1718323200 were 9459307 with a Short Ratio of 5.32, compared to 1715731200 on 6560956. Therefore, it implies a Short% of Shares Outstanding of 9459307 and a Short% of Float of 10.459999999999999.
