Apellis Pharmaceuticals Inc [NASDAQ: APLS] stock went on an upward path that rose over 12.12% on Thursday, amounting to a one-week price increase of more than 4.61%.
Over the last 12 months, APLS stock rose by 56.20%. The one-year Apellis Pharmaceuticals Inc stock forecast points to a potential upside of 46.2. The average equity rating for APLS stock is currently 1.47, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $4.59 billion, with 119.56 million shares outstanding and 100.04 million shares in the current float. Compared to the average trading volume of 1.45M shares, APLS stock reached a trading volume of 4334991 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $70.00 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 1.47. 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.
Piper Sandler have made an estimate for Apellis Pharmaceuticals Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 31, 2024. While these analysts kept the previous recommendation, Jefferies raised their target price from $68 to $80. The new note on the price target was released on February 05, 2024, representing the official price target for Apellis Pharmaceuticals Inc stock.
The Average True Range (ATR) for Apellis Pharmaceuticals Inc is set at 2.46, with the Price to Sales ratio for APLS stock in the period of the last 12 months amounting to 7.29. The Price to Book ratio for the last quarter was 17.34, with the Price to Cash per share for the same quarter was set at 2.97.
APLS Stock Performance Analysis:
Apellis Pharmaceuticals Inc [APLS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.61. With this latest performance, APLS shares gained by 0.59% in over the last four-week period, additionally sinking by -43.54% over the last 6 months – not to mention a rise of 56.20% 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 49.76, with the RSI for the last a single of trading hit 52.26, and the three-weeks RSI is set at 48.03 for Apellis Pharmaceuticals Inc [APLS]. The present Moving Average for the last 50 days of trading for this stock 38.87, while it was recorded at 35.36 for the last single week of trading, and 51.68 for the last 200 days.
Insight into Apellis Pharmaceuticals Inc Fundamentals:
Apellis Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.18 and a Current Ratio set at 5.08.
APLS Stock EPS
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%.
Apellis Pharmaceuticals Inc [APLS] Institutonal Ownership Details
The top three institutional holders of APLS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in APLS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in APLS stock with ownership which is approximately 5.1238%.
