The price of Sage Therapeutics Inc (NASDAQ: SAGE) closed at $16.42 in the last session, down -0.97% from day before closing price of $16.58. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 669654 shares were traded.
Ratios:
We take a closer look at SAGE’s different ratios to gain a better understanding of the stock. 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:
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 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 986.05M and an Enterprise Value of 238.03M. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.42 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 2.75 whereas that against EBITDA is -0.44.
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 $16.48. The 50-Day Moving Average of the stock is 21.81, while the 200-Day Moving Average is calculated to be 24.78.
Shares Statistics:
According to the various share statistics, SAGE traded on average about 962.96K shares per day over the past 3-months and 706.76k shares per day over the past 10 days. 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 94.72% stake in the company. Shares short for SAGE as of Mar 15, 2024 were 8.4M with a Short Ratio of 8.72, compared to 9.02M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.97% and a Short% of Float of 21.08%.
Earnings Estimates
The company has 17 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$1.63 for the current quarter, with a high estimate of -$0.9 and a low estimate of -$2.16, while EPS last year was -$2.46. The consensus estimate for the next quarter is -$1.6, 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 -$6.25. EPS for the following year is -$4.73, with 20 analysts recommending between $2.56 and -$7.14.
Revenue Estimates
According to 17 analysts, the current quarter’s revenue is expected to be $5.73M. 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 137.80% from the year-ago figure. For the next quarter, 17 analysts are estimating revenue of $7.42M, an increase of 200.40% over than the figure of $137.80% 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 19 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 $37.09M. In the same quarter a year ago, actual revenue was $86.45M, down -57.10% from the average estimate. Based on 20 analysts’ estimates, the company’s revenue will be $134.8M 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 263.40% from the average revenue estimate for this year.
