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.
After finishing at $14.88 in the prior trading day, Delcath Systems Inc (NASDAQ: DCTH) closed at $14.05, down -5.58%. In other words, the price has decreased by -$5.58 from its previous closing price. On the day, 0.51 million shares were traded.
Ratios:
Our goal is to gain a better understanding of DCTH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.11.
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, Craig Hallum on June 28, 2024, initiated with a Buy rating and assigned the stock a target price of $18.
On May 14, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $25.
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 Mar 19 ’24 when Aharon Gil bought 26,882 shares for $3.72 per share. The transaction valued at 100,001 led to the insider holds 1,069,710 shares of the business.
SALAMON STEVEN A J bought 26,882 shares of DCTH for $100,001 on Mar 19 ’24. The Director now owns 1,121,025 shares after completing the transaction at $3.72 per share.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 19.84 while its Price-to-Book (P/B) ratio in mrq is 45.93.
Stock Price History:
Over the past 52 weeks, DCTH has reached a high of $16.97, while it has fallen to a 52-week low of $3.70. The 50-Day Moving Average of the stock is 1.18%, while the 200-Day Moving Average is calculated to be 39.39%.
Shares Statistics:
A total of 28.02M shares are outstanding, with a floating share count of 26.78M. Insiders hold about 16.24% of the company’s shares, while institutions hold 37.52% stake in the company.
Earnings Estimates
As of right now, 5.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.03, with high estimates of $0.04 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.53 and -$0.93 for the fiscal current year, implying an average EPS of -$0.73. EPS for the following year is -$0.12, with 5.0 analysts recommending between $0.39 and -$0.87.
Revenue Estimates
4 analysts predict $14.96M in revenue for the current quarter. It ranges from a high estimate of $15.1M to a low estimate of $14.53M. As of the current estimate, Delcath Systems Inc’s year-ago sales were $539kFor the next quarter, 4 analysts are estimating revenue of $15.51M. There is a high estimate of $16.96M for the next quarter, whereas the lowest estimate is $11.9M.
A total of 4 analysts have provided revenue estimates for DCTH’s current fiscal year. The highest revenue estimate was $37.2M, while the lowest revenue estimate was $36.6M, resulting in an average revenue estimate of $37.05M. In the same quarter a year ago, actual revenue was $2.06MBased on 6 analysts’ estimates, the company’s revenue will be $77.64M in the next fiscal year. The high estimate is $87.8M and the low estimate is $62.27M.
