Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, SpringWorks Therapeutics Inc’s stock clocked out at $56.56, down -2.90% from its previous closing price of $58.25. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 2.46 million shares were traded.
Ratios:
To gain a deeper understanding of SWTX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.70 and its Current Ratio is at 3.81. In the meantime, Its Debt-to-Equity ratio is 0.02 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 20 ’25 when Islam Saqib sold 29,328 shares for $60.30 per share. The transaction valued at 1,768,401 led to the insider holds 1,034,625 shares of the business.
Ashar Bhavesh sold 1,016 shares of SWTX for $62,168 on Feb 20 ’25. The Chief Commercial Officer now owns 62,053 shares after completing the transaction at $61.19 per share. On Feb 20 ’25, another insider, LYNCH DANIEL, who serves as the Director of the company, sold 47,600 shares for $60.22 each. As a result, the insider received 2,866,534 and left with 82,944 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 22.12 while its Price-to-Book (P/B) ratio in mrq is 8.75.
Stock Price History:
Over the past 52 weeks, SWTX has reached a high of $62.00, while it has fallen to a 52-week low of $28.21. The 50-Day Moving Average of the stock is 37.00%, while the 200-Day Moving Average is calculated to be 48.31%.
Shares Statistics:
A total of 74.40M shares are outstanding, with a floating share count of 66.67M. Insiders hold about 11.03% of the company’s shares, while institutions hold 106.12% stake in the company.
