The stock of Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) has increased by 0.74 when compared to last closing price of 346.84. Despite this, the company has experienced a 1.59% gain in its stock price over the last five trading sessions. The Motley Fool reported 2023-09-10 that Amazon should deliver strong growth over the short term and long term. Mastercard’s moat and growth opportunities make it an attractive pick.
Is It Worth Investing in Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) Right Now?
The price-to-earnings ratio for Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) is 27.01x, which is above its average ratio. Moreover, the 36-month beta value for VRTX is 0.51. Analysts have varying opinions on the stock, with 18 analysts rating it as a “buy,” 3 as “overweight,” 11 as “hold,” and 0 as “sell.”
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The average price recommended by analysts for Vertex Pharmaceuticals Incorporated (VRTX) is $386.81, which is $34.81 above the current market price. The public float for VRTX is 257.60M and currently, short sellers hold a 1.13% of that float. On September 15, 2023, VRTX’s average trading volume was 1.06M shares.
VRTX’s Market Performance
VRTX’s stock has seen a 1.59% increase for the week, with a -0.10% drop in the past month and a 2.48% gain in the past quarter. The volatility ratio for the week is 1.36%, and the volatility levels for the past 30 days are at 1.44% for Vertex Pharmaceuticals Incorporated The simple moving average for the past 20 days is 0.49% for VRTX’s stock, with a 7.61% simple moving average for the past 200 days.
Analysts’ Opinion of VRTX
Many brokerage firms have already submitted their reports for VRTX stocks, with William Blair repeating the rating for VRTX by listing it as a “Outperform.” The predicted price for VRTX in the upcoming period, according to William Blair is $382 based on the research report published on May 30, 2023 of the current year 2023.
VRTX Trading at 0.01% from the 50-Day Moving Average
After a stumble in the market that brought VRTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.79% of loss for the given period.
Volatility was left at 1.44%, however, over the last 30 days, the volatility rate increased by 1.36%, as shares surge +1.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.31% upper at present.
During the last 5 trading sessions, VRTX rose by +1.59%, which changed the moving average for the period of 200-days by +11.64% in comparison to the 20-day moving average, which settled at $348.00. In addition, Vertex Pharmaceuticals Incorporated saw 21.00% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VRTX starting from Bozic Carmen, who sale 5,651 shares at the price of $352.66 back on Sep 05. After this action, Bozic Carmen now owns 57,556 shares of Vertex Pharmaceuticals Incorporated, valued at $1,992,882 using the latest closing price.
Tatsis Ourania, the EVP, Chief Reg. & Quality Off. of Vertex Pharmaceuticals Incorporated, sale 2,500 shares at $355.00 during a trade that took place back on Aug 23, which means that Tatsis Ourania is holding 48,637 shares at $887,500 based on the most recent closing price.
Stock Fundamentals for VRTX
Current profitability levels for the company are sitting at:
- +46.64 for the present operating margin
- +87.65 for the gross margin
The net margin for Vertex Pharmaceuticals Incorporated stands at +37.97. The total capital return value is set at 31.53, while invested capital returns managed to touch 25.84. Equity return is now at value 23.70, with 18.10 for asset returns.
Based on Vertex Pharmaceuticals Incorporated (VRTX), the company’s capital structure generated 6.47 points at debt to equity in total, while total debt to capital is 6.07. Total debt to assets is 4.96, with long-term debt to equity ratio resting at 5.82. Finally, the long-term debt to capital ratio is 5.47.
When we switch over and look at the enterprise to sales, we see a ratio of 8.51, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 6.78 and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.83.
Conclusion
To wrap up, the performance of Vertex Pharmaceuticals Incorporated (VRTX) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
