Apellis Pharmaceuticals Inc [NASDAQ: APLS] loss -10.06% or -4.91 points to close at $43.90 with a heavy trading volume of 4517944 shares.
The daily chart for APLS points out that the company has recorded -6.26% loss over the past six months.
If we look at the average trading volume of 1.41M shares, APLS reached to a volume of 4517944 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 Apellis Pharmaceuticals Inc [APLS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for APLS shares is $81.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on APLS stock is a recommendation set at 1.41. 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.
Jefferies have made an estimate for Apellis Pharmaceuticals Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 05, 2024. The new note on the price target was released on December 14, 2023, representing the official price target for Apellis Pharmaceuticals Inc stock. Previously, the target price had yet another raise to $74, while Goldman analysts kept a Buy rating on APLS stock.
The Average True Range (ATR) for Apellis Pharmaceuticals Inc is set at 3.16, with the Price to Sales ratio for APLS stock in the period of the last 12 months amounting to 13.43. The Price to Book ratio for the last quarter was 26.98, with the Price to Cash per share for the same quarter was set at 2.90.
Trading performance analysis for APLS stock
Apellis Pharmaceuticals Inc [APLS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.66. With this latest performance, APLS shares dropped by -18.42% in over the last four-week period, additionally sinking by -6.26% over the last 6 months – not to mention a drop of -52.89% 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 APLS stock in for the last two-week period is set at 35.26, with the RSI for the last a single of trading hit 34.23, and the three-weeks RSI is set at 36.45 for Apellis Pharmaceuticals Inc [APLS]. The present Moving Average for the last 50 days of trading for this stock 54.95, while it was recorded at 46.74 for the last single week of trading, and 51.22 for the last 200 days.
Apellis Pharmaceuticals Inc [APLS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Apellis Pharmaceuticals Inc [APLS] shares currently have an operating margin of -130.39 and a Gross Margin at +84.82. Apellis Pharmaceuticals Inc’s Net Margin is presently recorded at -133.29.
Return on Total Capital for APLS is now -175.88, given the latest momentum, and Return on Invested Capital for the company is -183.56. Return on Equity for this stock declined to -290.14, with Return on Assets sitting at -68.26. When it comes to the capital structure of this company, Apellis Pharmaceuticals Inc [APLS] has a Total Debt to Total Equity ratio set at 57.03. Additionally, APLS Total Debt to Total Capital is recorded at 36.32, with Total Debt to Total Assets ending up at 14.06. Long-Term Debt to Equity for the company is recorded at 53.72, with the Long-Term Debt to Total Capital now at 34.21.
Reflecting on the efficiency of the workforce at the company, Apellis Pharmaceuticals Inc [APLS] managed to generate an average of -$748,765 per employee. Receivables Turnover for the company is 3.70 with a Total Asset Turnover recorded at a value of 0.51.Apellis Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.50 and a Current Ratio set at 3.10.
Apellis Pharmaceuticals Inc [APLS]: An earnings per share (EPS) analysis
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 APLS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Apellis Pharmaceuticals Inc go to 33.30%.
An analysis of Institutional ownership at Apellis Pharmaceuticals Inc [APLS]
The top three institutional holders of APLS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in APLS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in APLS stock with ownership which is approximately 5.8386%.
