After finishing at $19.22 in the prior trading day, Sage Therapeutics Inc (NASDAQ: SAGE) closed at $18.69, down -2.76%. In other words, the price has decreased by -$0.53 from its previous closing price. On the day, 530881 shares were traded.
Ratios:
Our goal is to gain a better understanding of SAGE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.49 and its Current Ratio is at 10.51. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Deutsche Bank on December 12, 2023, initiated with a Hold rating and assigned the stock a target price of $21.
Goldman Downgraded its Buy to Neutral on August 08, 2023, while the target price for the stock was maintained at $22.
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 Aug 09 ’23 when Barrett Elizabeth bought 2,000 shares for $18.64 per share. The transaction valued at 37,279 led to the insider holds 3,000 shares of the business.
Barrett Elizabeth bought 1,000 shares of SAGE for $50,500 on May 09 ’23. The Director now owns 1,000 shares after completing the transaction at $50.50 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SAGE now has a Market Capitalization of 1.16B and an Enterprise Value of 407.23M. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.99 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 4.71 whereas that against EBITDA is -0.75.
Stock Price History:
Over the past 52 weeks, SAGE has reached a high of $59.99, while it has fallen to a 52-week low of $16.51. The 50-Day Moving Average of the stock is 23.20, while the 200-Day Moving Average is calculated to be 26.36.
Shares Statistics:
The stock has traded on average 950.69K shares per day over the past 3-months and 883.17k shares per day over the last 10 days, according to various share statistics. A total of 60.04M shares are outstanding, with a floating share count of 49.05M. Insiders hold about 18.39% of the company’s shares, while institutions hold 94.77% stake in the company. Shares short for SAGE as of Feb 29, 2024 were 7.91M with a Short Ratio of 8.32, compared to 7.86M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.16% and a Short% of Float of 19.85%.
Earnings Estimates
Its stock is currently analyzed by 16 different market analysts. On average, analysts expect EPS of -$1.6 for the current quarter, with a high estimate of -$0.9 and a low estimate of -$1.95, while EPS last year was -$2.46. The consensus estimate for the next quarter is -$1.58, with high estimates of -$0.86 and low estimates of -$1.97.
Analysts are recommending an EPS of between -$3.35 and -$7.92 for the fiscal current year, implying an average EPS of -$6.22. EPS for the following year is -$4.76, with 19 analysts recommending between $2.56 and -$7.14.
Revenue Estimates
16 analysts predict $5.9M in revenue for the current quarter. It ranges from a high estimate of $15.08M to a low estimate of $2.12M. As of the current estimate, Sage Therapeutics Inc’s year-ago sales were $2.41M, an estimated increase of 144.80% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $7.57M, an increase of 206.50% over than the figure of $144.80% in the same quarter last year. There is a high estimate of $15.58M for the next quarter, whereas the lowest estimate is $2.45M.
A total of 18 analysts have provided revenue estimates for SAGE’s current fiscal year. The highest revenue estimate was $84.71M, while the lowest revenue estimate was $12.05M, resulting in an average revenue estimate of $37.7M. In the same quarter a year ago, actual revenue was $86.45M, down -56.40% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $134.32M in the next fiscal year. The high estimate is $528.73M and the low estimate is $35.57M. The average revenue growth estimate for next year is up 256.30% from the average revenue estimate for this year.
