Sangamo Therapeutics Inc [SGMO] stock Upgrade by Truist analyst, price target now $7

Sangamo Therapeutics Inc [NASDAQ: SGMO] stock went on an upward path that rose over 13.69% on Wednesday, amounting to a one-week price increase of more than 13.34%.

Over the last 12 months, SGMO stock dropped by -46.52%. The one-year Sangamo Therapeutics Inc stock forecast points to a potential upside of 86.59. The average equity rating for SGMO stock is currently 1.83, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $133.86 million, with 245.40 million shares outstanding and 237.64 million shares in the current float. Compared to the average trading volume of 4.88M shares, SGMO stock reached a trading volume of 20113102 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Sangamo Therapeutics Inc [SGMO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SGMO shares is $4.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SGMO stock is a recommendation set at 1.83. 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.

Truist have made an estimate for Sangamo Therapeutics Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 13, 2024. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on December 10, 2024, representing the official price target for Sangamo Therapeutics Inc stock. Previously, the target price had yet another drop from $6 to $2, while RBC Capital Mkts kept a Sector Perform rating on SGMO stock. On April 28, 2023, analysts decreased their price target for SGMO shares from 5 to 1.50.

The Price to Book ratio for the last quarter was 25.06, with the Price to Cash per share for the same quarter was set at 0.10.

SGMO Stock Performance Analysis:

Sangamo Therapeutics Inc [SGMO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.34. With this latest performance, SGMO shares gained by 26.27% in over the last four-week period, additionally sinking by -51.73% over the last 6 months – not to mention a drop of -46.52% 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 SGMO stock in for the last two-week period is set at 56.61, with the RSI for the last a single of trading hit 0.0385, and the three-weeks RSI is set at 0.0448 for Sangamo Therapeutics Inc [SGMO]. The present Moving Average for the last 50 days of trading for this stock 0.5019, while it was recorded at 0.5026 for the last single week of trading, and 1.1189 for the last 200 days.

Insight into Sangamo Therapeutics Inc Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Sangamo Therapeutics Inc [SGMO] shares currently have an operating margin of -128.52% and a Gross Margin at 86.26%. Sangamo Therapeutics Inc’s Net Margin is presently recorded at -126.63%.

Sangamo Therapeutics Inc (SGMO) Capital Structure & Debt Analysis

According to recent financial data for Sangamo Therapeutics Inc. ( SGMO), the Return on Equity (ROE) stands at -262.12%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -75.06%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Sangamo Therapeutics Inc’s Return on Invested Capital (ROIC) is -271.09%, showcasing its effectiveness in deploying capital for earnings.

Sangamo Therapeutics Inc (SGMO) Efficiency & Liquidity Metrics

Based on Sangamo Therapeutics Inc’s (SGMO) latest financial statements, the Debt-to-Equity Ratio is 5.07%, indicating its reliance on debt financing relative to shareholder equity.

Sangamo Therapeutics Inc (SGMO) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Sangamo Therapeutics Inc. (SGMO) effectively leverages its workforce, generating an average of -$441202.19 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.76% and a Quick Ratio of 0.76%, indicating strong ability to cover short-term liabilities.

SGMO 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 SGMO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sangamo Therapeutics Inc go to 24.16%.

Sangamo Therapeutics Inc [SGMO] Institutonal Ownership Details

There are presently around $22.77%, or 23.44% of SGMO stock, in the hands of institutional investors. The top three institutional holders of SGMO stocks are: WASATCH ADVISORS LP with ownership of 20.09 million shares, which is approximately 9.8509%. ARMISTICE CAPITAL, LLC, holding 14.06 million shares of the stock with an approximate value of $$5.04 million in SGMO stocks shares; and ARMISTICE CAPITAL, LLC, currently with $$4.26 million in SGMO stock with ownership which is approximately 5.8341%.

The DBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.