Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Erasca Inc (NASDAQ: ERAS) closed at $1.45 in the last session, up 1.40% from day before closing price of $1.42. In other words, the price has increased by $1.40 from its previous closing price. On the day, 2.04 million shares were traded.
Ratios:
We take a closer look at ERAS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 12.35 and its Current Ratio is at 12.35. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.12.
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, Raymond James on March 26, 2025, initiated with a Outperform rating and assigned the stock a target price of $5.
On November 18, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $6.
On March 11, 2024, CapitalOne started tracking the stock assigning a Overweight rating and target price of $8.CapitalOne initiated its Overweight rating on March 11, 2024, with a $8 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 15 ’25 when Erasca Foundation bought 8,333 shares for $1.19 per share.
Erasca Foundation bought 8,333 shares of ERAS for $10,165 on Apr 15 ’25. On Mar 17 ’25, another insider, Erasca Foundation, who serves as the Affiliate of the company, bought 8,333 shares for $1.40 each.
Stock Price History:
Over the past 52 weeks, ERAS has reached a high of $3.45, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is 9.85%, while the 200-Day Moving Average is calculated to be -32.15%.
Shares Statistics:
A total of 283.27M shares are outstanding, with a floating share count of 160.60M. Insiders hold about 43.31% of the company’s shares, while institutions hold 52.64% stake in the company.
Earnings Estimates
The current assessment of Erasca Inc (ERAS) involves the perspectives of 3.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.1 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 -$0.46. EPS for the following year is -$0.53, with 5.0 analysts recommending between -$0.43 and -$0.64.
