Gilead Sciences, Inc. [GILD] stock Reiterated by Maxim Group analyst, price target now $85

Gilead Sciences, Inc. [NASDAQ: GILD] traded at a high on Friday, posting a 2.36 gain after which it closed the day’ session at $65.06.

The results of the trading session contributed to over 9003971 shares changing hands. Over the past one week, the price volatility of Gilead Sciences, Inc. stands at 2.15% while the volatility over the past one month is 1.97%.

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

The market cap for GILD stock reached $81.05 billion, with 1.25 billion shares outstanding and 1.24 billion shares in the current float. Compared to the average trading volume of 7.01M shares, GILD reached a trading volume of 9003971 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Gilead Sciences, Inc. [GILD]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GILD shares is $82.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GILD stock is a recommendation set at 2.16. 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.

Maxim Group have made an estimate for Gilead Sciences, Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 01, 2024. The new note on the price target was released on April 24, 2024, representing the official price target for Gilead Sciences, Inc. stock. Previously, the target price had yet another drop from $91 to $82, while Truist kept a Hold rating on GILD stock.

The Average True Range (ATR) for Gilead Sciences, Inc. is set at 1.33, with the Price to Sales ratio for GILD stock in the period of the last 12 months amounting to 2.96. The Price to Book ratio for the last quarter was 4.62, with the Price to Cash per share for the same quarter was set at 4.86. Price to Free Cash Flow for GILD in the course of the last twelve months was 10.26 with Quick ratio for the last quarter at 0.94.

How has GILD stock performed recently?

Gilead Sciences, Inc. [GILD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.56. With this latest performance, GILD shares dropped by -2.91% in over the last four-week period, additionally sinking by -21.70% over the last 6 months – not to mention a drop of -16.54% 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 GILD stock in for the last two-week period is set at 48.67, with the RSI for the last a single of trading hit 52.30, and the three-weeks RSI is set at 46.23 for Gilead Sciences, Inc. [GILD]. The present Moving Average for the last 50 days of trading for this stock 66.10, while it was recorded at 64.62 for the last single week of trading, and 74.26 for the last 200 days.

Gilead Sciences, Inc. [GILD]: Deeper insight into the fundamentals

Gilead Sciences, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.94 and a Current Ratio set at 1.08.

Earnings analysis for Gilead Sciences, Inc. [GILD]

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 GILD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gilead Sciences, Inc. go to 5.38%.

Insider trade positions for Gilead Sciences, Inc. [GILD]

The top three institutional holders of GILD 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 GILD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in GILD stock with ownership which is approximately 5.8386%.

Most Popular