In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Praxis Precision Medicines Inc (NASDAQ: PRAX) closed the day trading at $78.65 down -13.35% from the previous closing price of $90.77. In other words, the price has decreased by -$13.35 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
For a better understanding of PRAX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.96 and its Current Ratio is at 10.96. In the meantime, Its Debt-to-Equity ratio is 0.00 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 February 11, 2025, initiated with a Buy rating and assigned the stock a target price of $111.
On August 05, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $134.
On June 24, 2024, Needham started tracking the stock assigning a Buy rating and target price of $145.Needham initiated its Buy rating on June 24, 2024, with a $145 target price.
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 Nov 14 ’24 when Nemiroff Alex sold 8,239 shares for $80.20 per share. The transaction valued at 660,827 led to the insider holds 10,301 shares of the business.
Mastrocola Lauren sold 5,188 shares of PRAX for $424,318 on Nov 14 ’24. The Principal Accounting Officer now owns 5,613 shares after completing the transaction at $81.78 per share. On Nov 14 ’24, another insider, Mastrocola Lauren, who serves as the Officer of the company, bought 5,189 shares for $81.77 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 916.16 while its Price-to-Book (P/B) ratio in mrq is 3.66.
Stock Price History:
Over the past 52 weeks, PRAX has reached a high of $91.83, while it has fallen to a 52-week low of $33.01. The 50-Day Moving Average of the stock is 3.18%, while the 200-Day Moving Average is calculated to be 27.55%.
Shares Statistics:
A total of 17.79M shares are outstanding, with a floating share count of 17.21M. Insiders hold about 7.68% of the company’s shares, while institutions hold 110.29% stake in the company.
Earnings Estimates
Its stock is currently analyzed by 9.0 different market analysts. The consensus estimate for the next quarter is -$2.96, with high estimates of -$2.73 and low estimates of -$3.45.
Analysts are recommending an EPS of between -$9.74 and -$10.38 for the fiscal current year, implying an average EPS of -$10.1. EPS for the following year is -$11.98, with 9.0 analysts recommending between -$9.98 and -$14.86.
Revenue Estimates
A total of 11 analysts have provided revenue estimates for PRAX’s current fiscal year. The highest revenue estimate was $2.1M, while the lowest revenue estimate was $1.09M, resulting in an average revenue estimate of $1.46M. In the same quarter a year ago, actual revenue was $2.45M
