Sarepta Therapeutics Inc. (NASDAQ:SRPT) previous close was $77.21 while the outstanding shares total 79.45M. The firm has a beta of 1.43. SRPT’s shares traded lower over the last trading session, losing -2.73% on 05/25/21. The shares fell to a low of $74.50 before closing at $75.10. Intraday shares traded counted 0.94 million, which was 19.96% higher than its 30-day average trading volume of 1.18M. The stock’s Relative Strength Index (RSI) is 49.51, with weekly volatility at 4.28% and ATR at 3.68. The SRPT stock’s 52-week price range has touched low of $67.68 and a $181.83 high.
Investors have identified the Biotechnology company Sarepta Therapeutics Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $6.04 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Sarepta Therapeutics Inc. (SRPT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 2.27 billion total, with 364.74 million as their total liabilities.
SRPT were able to record -201.52 million as free cash flow during the 08/11/2021 quarter of the year, this saw their quarterly net cash flow reduce by -20.81 million. In cash movements, the company had a total of -180.37 million as operating cash flow.
Potential earnings growth for Sarepta Therapeutics Inc. (SRPT)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/11/2021 quarter of the year, Sarepta Therapeutics Inc. recorded a total of 146.93 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 22.63% coming in sequential stages and their sales for the 08/11/2021 quarter increasing by 1.22%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 22.35 million trying to sell their products during the last quarter, with the result yielding a gross income of 124.58 million. This allows shareholders to hold on to 79.45M with the recently reported earning now reading -2.11 cents per share. This is a figure that compared to analyst’s prediction for their 08/11/2021 (-2.10 cents a share).
Having a look at the company’s valuation, the company is expected to record -4.07 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SRPT sounds very interesting.
Is the stock of SRPT attractive?
In related news, Director, BEHRENS M KATHLEEN sold 5,000 shares of the company’s stock in a transaction that recorded on Mar 10. The sale was performed at an average price of 85.76, for a total value of 428,800. As the sale deal closes, the Director, Wigzell Hans Lennart Rudolf now sold 10,000 shares of the company’s stock, valued at 835,100. Also, Principal Financial Officer, Bratica Joseph sold 1,115 shares of the company’s stock in a deal that was recorded on Dec 11. The shares were price at an average price of 165.00 per share, with a total market value of 183,975. Following this completion of acquisition, the Principal Financial Officer, Bratica Joseph now holds 1,125 shares of the company’s stock, valued at 180,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 4.70%.
11 out of 19 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Sarepta Therapeutics Inc.. 1 analysts has assigned a Sell rating on the SRPT stock. The 12-month mean consensus price target for the company’s shares has been set at $133.71.