Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of SpringWorks Therapeutics Inc (NASDAQ: SWTX) closed at $37.01 in the last session, down -13.93% from day before closing price of $43.00. In other words, the price has decreased by -$13.93 from its previous closing price. On the day, 3.63 million shares were traded. SWTX stock price reached its highest trading level at $39.44 during the session, while it also had its lowest trading level at $35.22.
Ratios:
We take a closer look at SWTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.02 and its Current Ratio is at 6.16. 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, Evercore ISI on November 20, 2024, initiated with a Outperform rating and assigned the stock a target price of $60.
On February 05, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $75.
On December 01, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $45.BofA Securities initiated its Buy rating on December 01, 2022, with a $45 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 Dec 03 ’24 when Edris Badreddin sold 20,000 shares for $41.97 per share. The transaction valued at 839,336 led to the insider holds 209,600 shares of the business.
Islam Saqib sold 49,000 shares of SWTX for $2,027,357 on Dec 02 ’24. The Chief Executive Officer now owns 1,014,368 shares after completing the transaction at $41.37 per share. On Sep 03 ’24, another insider, Islam Saqib, who serves as the Chief Executive Officer of the company, sold 49,000 shares for $40.57 each. As a result, the insider received 1,988,033 and left with 1,063,368 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, SWTX now has a Market Capitalization of 3198614784 and an Enterprise Value of 2382546432. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.32 while its Price-to-Book (P/B) ratio in mrq is 5.17. Its current Enterprise Value per Revenue stands at 17.585 whereas that against EBITDA is -8.152.
Stock Price History:
The Beta on a monthly basis for SWTX is 0.78, which has changed by 0.058591843 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, SWTX has reached a high of $53.92, while it has fallen to a 52-week low of $28.21. The 50-Day Moving Average of the stock is -0.76%, while the 200-Day Moving Average is calculated to be -3.28%.
Shares Statistics:
According to the various share statistics, SWTX traded on average about 1.21M shares per day over the past 3-months and 1509050 shares per day over the past 10 days. A total of 74.34M shares are outstanding, with a floating share count of 65.95M. Insiders hold about 11.34% of the company’s shares, while institutions hold 101.71% stake in the company. Shares short for SWTX as of 1734048000 were 11690690 with a Short Ratio of 10.14, compared to 1731628800 on 12288278. Therefore, it implies a Short% of Shares Outstanding of 11690690 and a Short% of Float of 19.02.
