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Blueprint Medicines Corp (NASDAQ: BPMC) closed the day trading at $114.36 down -5.10% from the previous closing price of $120.50. In other words, the price has decreased by -$5.10 from its previous closing price. On the day, 1.12 million shares were traded. BPMC stock price reached its highest trading level at $118.71 during the session, while it also had its lowest trading level at $113.81.
Ratios:
For a better understanding of BPMC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.61 and its Current Ratio is at 3.76. In the meantime, Its Debt-to-Equity ratio is 1.92 whereas as Long-Term Debt/Eq ratio is at 1.64.
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, Stephens on May 14, 2024, initiated with a Overweight rating and assigned the stock a target price of $140.
On May 06, 2024, Leerink Partners Upgraded its rating to Market Perform which previously was Underperform and also upped its target price recommendation from $50 to $97.
Oppenheimer Upgraded its Perform to Outperform on October 27, 2023, while the target price for the stock was maintained at $85.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 05 ’24 when Durso-Bumpus Debra sold 3,850 shares for $111.20 per share. The transaction valued at 428,120 led to the insider holds 43,763 shares of the business.
Durso-Bumpus Debra sold 8,817 shares of BPMC for $981,244 on Jul 03 ’24. The CHIEF PEOPLE OFFICER now owns 43,763 shares after completing the transaction at $111.29 per share. On Jun 28 ’24, another insider, Durso-Bumpus Debra, who serves as the CHIEF PEOPLE OFFICER of the company, sold 333 shares for $111.15 each. As a result, the insider received 37,013 and left with 43,763 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, BPMC now has a Market Capitalization of 7547314176 and an Enterprise Value of 7110900736. For the stock, the TTM Price-to-Sale (P/S) ratio is 25.38 while its Price-to-Book (P/B) ratio in mrq is 23.04. Its current Enterprise Value per Revenue stands at 25.197 whereas that against EBITDA is -16.61.
Stock Price History:
The Beta on a monthly basis for BPMC is 0.65, which has changed by 0.9582192 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, BPMC has reached a high of $121.90, while it has fallen to a 52-week low of $43.89. The 50-Day Moving Average of the stock is 6.43%, while the 200-Day Moving Average is calculated to be 34.67%.
Shares Statistics:
Over the past 3-months, BPMC traded about 631.01K shares per day on average, while over the past 10 days, BPMC traded about 616550 shares per day. A total of 62.62M shares are outstanding, with a floating share count of 61.23M. Insiders hold about 2.22% of the company’s shares, while institutions hold 105.28% stake in the company. Shares short for BPMC as of 1719532800 were 4556960 with a Short Ratio of 7.22, compared to 1717113600 on 4440192. Therefore, it implies a Short% of Shares Outstanding of 4556960 and a Short% of Float of 8.2100004.
