Portola Pharmaceuticals Inc. [NASDAQ: PTLA] loss 0.00% or 0.0 points to close at $17.94 with a heavy trading volume of 1150207 shares. It opened the trading session at $17.94, the shares rose to $17.96 and dropped to $17.92, the range by which the price of stock traded the whole day. The daily chart for PTLA points out that the company has recorded -29.65% loss over the past six months. However, it is still -237.85% lower than its most recent low trading price.
If we look at the average trading volume of 4.26M shares, PTLA reached to a volume of 1150207 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Portola Pharmaceuticals Inc. [PTLA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PTLA shares is $19.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PTLA stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
RBC Capital Mkts have made an estimate for Portola Pharmaceuticals Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 23, 2020. The new note on the price target was released on January 10, 2020, representing the official price target for Portola Pharmaceuticals Inc. stock. Previously, the target price had yet another raise to $35, while Goldman analysts kept a Neutral rating on PTLA stock.
The Average True Range (ATR) for Portola Pharmaceuticals Inc. is set at 0.06, with the Price to Sales ratio for PTLA stock in the period of the last 12 months amounting to 11.65. The Price to Book ratio for the last quarter was 19.50, with the Price to Cash per share for the same quarter was set at 4.62.
Trading performance analysis for PTLA stock
Portola Pharmaceuticals Inc. [PTLA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by 0.00. With this latest performance, PTLA shares gained by 1.07% in over the last four-week period, additionally sinking by -29.65% over the last 6 months – not to mention a drop of -35.79% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PTLA stock in for the last two-week period is set at 89.77, with the RSI for the last a single of trading hit 82.70, and the three-weeks RSI is set at 76.59 for Portola Pharmaceuticals Inc. [PTLA]. The present Moving Average for the last 50 days of trading for this stock 13.98, while it was recorded at 17.94 for the last single week of trading, and 19.14 for the last 200 days.
Portola Pharmaceuticals Inc. [PTLA]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Portola Pharmaceuticals Inc. [PTLA] shares currently have an operating margin of -219.96 and a Gross Margin at +83.56. Portola Pharmaceuticals Inc.’s Net Margin is presently recorded at -249.20.
Return on Total Capital for PTLA is now -63.72, given the latest momentum, and Return on Invested Capital for the company is -75.83. Return on Equity for this stock declined to -266.39, with Return on Assets sitting at -60.25. When it comes to the capital structure of this company, Portola Pharmaceuticals Inc. [PTLA] has a Total Debt to Total Equity ratio set at 278.65. Additionally, PTLA Total Debt to Total Capital is recorded at 73.59, with Total Debt to Total Assets ending up at 62.53. Long-Term Debt to Equity for the company is recorded at 260.35, with the Long-Term Debt to Total Capital now at 68.76.
Reflecting on the efficiency of the workforce at the company, Portola Pharmaceuticals Inc. [PTLA] managed to generate an average of -$712,409 per employee. Receivables Turnover for the company is 7.06 with a Total Asset Turnover recorded at a value of 0.24.Portola Pharmaceuticals Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.80 and a Current Ratio set at 4.90.
Portola Pharmaceuticals Inc. [PTLA]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Portola Pharmaceuticals Inc. posted -0.97/share EPS, while the average EPS was predicted by analysts to be reported at -1.03/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PTLA.
An analysis of insider ownership at Portola Pharmaceuticals Inc. [PTLA]
There are presently around $1,438 million, in the hands of institutional investors. The top three institutional holders of PTLA stocks are: WELLINGTON MANAGEMENT GROUP LLP with ownership of 10,724,999, which is approximately 3.013% of the company’s market cap and around 0.60% of the total institutional ownership; WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC, holding 9,999,290 shares of the stock with an approximate value of $179.39 million in PTLA stocks shares; and VANGUARD GROUP INC, currently with $124.07 million in PTLA stock with ownership of nearly 2.532% of the company’s market capitalization.
Positions in Portola Pharmaceuticals Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 109 institutional holders increased their position in Portola Pharmaceuticals Inc. [NASDAQ:PTLA] by around 13,165,770 shares. Additionally, 123 investors decreased positions by around 13,194,926 shares, while 30 investors held positions by with 53,791,476 shares. The mentioned changes placed institutional holdings at 80,152,172 shares, according to the latest SEC report filing. PTLA stock had 36 new institutional investments in for a total of 2,434,685 shares, while 66 institutional investors sold positions of 9,189,553 shares during the same period.