Analyst Expects Sarepta Therapeutics Inc (NASDAQ: SRPT) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed Sarepta Therapeutics to Announce Fourth Quarter and Full-Year 2023 Financial Results.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NASDAQ listed company, SRPT falls under the Healthcare sector while operating within the Biotechnology industry segment. At the end of the last regular session, the stock closed at $141.53 and fluctuated between $142.16 as its day high and $137.96 as its day low. The current market capitalization of Sarepta Therapeutics Inc is $13.24B. A total of 0.88 million shares were traded on the day, compared to an average of 1.20M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, SRPT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 25 BUYs and 19 SELLs from insiders. Insiders purchased 202,418 shares during that period but sold 28,026.

In the most recent transaction, Barry Richard bought 50,000 shares of SRPT for 78.81 per share on Nov 03. After the transaction, the Director now owns 140,000 company shares. In a previous transaction on Nov 03, INGRAM DOUGLAS S bought 25,225 shares at 79.36 per share. SRPT shares that President & CEO owns now total 390,307.

Among the insiders who bought shares, Chambers Michael Andrew acquired of 9,979 shares on Aug 14 at a per-share price of $109.47. This resulted in the Director holding 246,996 shares of SRPT after the transaction. In another insider transaction, Chambers Michael Andrew bought 23,686 shares at $108.05 per share on Aug 11. Company shares held by the Director now total 237,017.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for SRPT in the last 3 months, the mean price target is $158.66 with high estimates of $224.00 and low estimates of $103.00. In terms of 52-week highs and lows, SRPT has a high of $159.89 and a low of $55.25.

As of this writing, SRPT has an earnings estimate of $0.01 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $0.61 per share and a lower estimate of -$1.03. The company reported an EPS of -$0.27 in the last quarter, which was 84.80% higher than expectations of -$1.78.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SRPT’s latest balance sheet shows that the firm has $2.12B in Cash & Short Term Investments as of fiscal 2021. There were $1.15B in debt and $452.73M in liabilities at the time. Its Book Value Per Share was $8.17, while its Total Shareholder’s Equity was $928.01M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SRPT is Buy with a score of 4.52.

Most Popular

Related Posts