Kura Oncology Inc [KURA] stock Initiated by UBS analyst, price target now $27

Kura Oncology Inc [NASDAQ: KURA] price plunged by -36.77 percent to reach at -$5.85.

The one-year KURA stock forecast points to a potential upside of 65.41. The average equity rating for KURA stock is currently 1.33, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Kura Oncology Inc [KURA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KURA shares is $29.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KURA stock is a recommendation set at 1.33. 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.

UBS have made an estimate for Kura Oncology Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 24, 2024. While these analysts kept the previous recommendation, Stifel dropped their target price from $26 to $19. The new note on the price target was released on October 14, 2024, representing the official price target for Kura Oncology Inc stock. Previously, the target price had yet another raise to $26, while Mizuho analysts kept a Buy rating on KURA stock.

The Average True Range (ATR) for Kura Oncology Inc is set at 1.30 The Price to Book ratio for the last quarter was 1.85, with the Price to Cash per share for the same quarter was set at 5.85.

KURA Stock Performance Analysis:

Kura Oncology Inc [KURA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -38.99. With this latest performance, KURA shares dropped by -40.89% in over the last four-week period, additionally sinking by -53.06% over the last 6 months – not to mention a rise of 7.71% 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 KURA stock in for the last two-week period is set at 15.94, with the RSI for the last a single of trading hit 11.09, and the three-weeks RSI is set at 20.00 for Kura Oncology Inc [KURA]. The present Moving Average for the last 50 days of trading for this stock 18.08, while it was recorded at 14.78 for the last single week of trading, and 19.98 for the last 200 days.

Insight into Kura Oncology Inc Fundamentals:

Kura Oncology Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 11.47 and a Current Ratio set at 11.47.

KURA Stock EPS

With the latest financial reports released by the company, Kura Oncology Inc posted -0.55/share EPS, while the average EPS was predicted by analysts to be reported at -0.54/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.01. 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 KURA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Kura Oncology Inc go to 19.93%.

Kura Oncology Inc [KURA] Institutonal Ownership Details

There are presently around $108.21%, or 109.36%% of KURA stock, in the hands of institutional investors. The top three institutional holders of KURA stocks are: SUVRETTA CAPITAL MANAGEMENT, LLC with ownership of 7.07 million shares, which is approximately 8.4258%. BLACKROCK INC., holding 6.97 million shares of the stock with an approximate value of $$143.43 million in KURA stocks shares; and BLACKROCK INC., currently with $$119.56 million in KURA stock with ownership which is approximately 6.9208%.