SpringWorks Therapeutics Inc (NASDAQ: SWTX)’s stock price has increased by 6.02 compared to its previous closing price of 38.86. However, the company has seen a 13.37% increase in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-03 that STAMFORD, Conn., Jan. 03, 2025 (GLOBE NEWSWIRE) — SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a commercial-stage biopharmaceutical company focused on severe rare diseases and cancer, today announced that Saqib Islam, Chief Executive Officer, will present at the 43rd Annual J.P. Morgan Healthcare Conference on Monday, January 13, 2025 at 11:15 a.m. PT.
Is It Worth Investing in SpringWorks Therapeutics Inc (NASDAQ: SWTX) Right Now?
The stock has a 36-month beta value of 0.81. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SWTX is 65.88M, and at present, short sellers hold a 17.75% of that float. On January 08, 2025, the average trading volume of SWTX was 1.10M shares.
SWTX’s Market Performance
The stock of SpringWorks Therapeutics Inc (SWTX) has seen a 13.37% increase in the past week, with a -1.32% drop in the past month, and a 27.67% gain in the past quarter. The volatility ratio for the week is 8.25%, and the volatility levels for the past 30 days are at 5.47% for SWTX. The simple moving average for the past 20 days is 8.88% for SWTX’s stock, with a 7.26% simple moving average for the past 200 days.
Analysts’ Opinion of SWTX
Many brokerage firms have already submitted their reports for SWTX stocks, with Evercore ISI repeating the rating for SWTX by listing it as a “Outperform.” The predicted price for SWTX in the upcoming period, according to Evercore ISI is $60 based on the research report published on November 20, 2024 of the previous year 2024.
Guggenheim, on the other hand, stated in their research note that they expect to see SWTX reach a price target of $75. The rating they have provided for SWTX stocks is “Buy” according to the report published on February 05th, 2024.
BofA Securities gave a rating of “Buy” to SWTX, setting the target price at $45 in the report published on December 01st of the previous year.
SWTX Trading at 12.36% from the 50-Day Moving Average
After a stumble in the market that brought SWTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.59% of loss for the given period.
Volatility was left at 5.47%, however, over the last 30 days, the volatility rate increased by 8.25%, as shares sank -0.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.53% upper at present.
During the last 5 trading sessions, SWTX rose by +13.37%, which changed the moving average for the period of 200-days by -19.94% in comparison to the 20-day moving average, which settled at $37.84. In addition, SpringWorks Therapeutics Inc saw 14.03% 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 SWTX starting from Edris Badreddin, who sale 20,000 shares at the price of $41.97 back on Dec 03 ’24. After this action, Edris Badreddin now owns 209,600 shares of SpringWorks Therapeutics Inc, valued at $839,336 using the latest closing price.
Islam Saqib, the Chief Executive Officer of SpringWorks Therapeutics Inc, sale 49,000 shares at $41.37 during a trade that took place back on Dec 02 ’24, which means that Islam Saqib is holding 1,014,368 shares at $2,027,357 based on the most recent closing price.
Stock Fundamentals for SWTX
Current profitability levels for the company are sitting at:
- -2.18 for the present operating margin
- 0.94 for the gross margin
The net margin for SpringWorks Therapeutics Inc stands at -2.03. The total capital return value is set at -0.55. Equity return is now at value -59.33, with -51.12 for asset returns.
Currently, EBITDA for the company is -341.35 million with net debt to EBITDA at 0.27. When we switch over and look at the enterprise to sales, we see a ratio of 22.05. The receivables turnover for the company is 4.11for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.16.
Conclusion
To sum up, SpringWorks Therapeutics Inc (SWTX) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
