The stock of Gilead Sciences, Inc (NASDAQ:GILD) last traded at $91.35, up 0.95% from the previous session.
GILD stock price is now 4.11% away from the 50-day moving average and 21.26% away from the 200-day moving average. The market capitalization of the company currently stands at $113.85B.
With the price target of $110, Wolfe Research recently initiated with Outperform rating for Gilead Sciences, Inc (NASDAQ: GILD). On November 14, 2024, Citigroup recently initiated its ‘Buy’ rating on the stock quoting a target price of $125, while ‘Maxim Group’ rates the stock as ‘Hold’
In other news, Bluestone Jeffrey, Director bought 6,788 shares of the company’s stock on Nov 26 ’24. The stock was bought for $620,356 at an average price of $91.39. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’24, Chief Commercial Officer Mercier Johanna sold 5,000 shares of the business’s stock. A total of $456,400 was realized by selling the stock at an average price of $91.28. This leaves the insider owning 73,127 shares of the company worth $6.68 million. A total of 0.10% of the company’s stock is owned by insiders.
During the past 12 months, Gilead Sciences, Inc has had a low of $62.07 and a high of $98.90. As of last week, the company has a debt-to-equity ratio of 1.26, a current ratio of 1.26, and a quick ratio of 1.10. According to the stock market information, the enterprise value for the company is $130314387456, which is based on a 1029.88 price-to-earnings ratio, a 137.32 price-to-earnings-growth ratio, and a beta of 0.19. The fifty day moving average price for GILD is $87.5748 and a two-hundred day moving average price translates $75.25185 for the stock.
The latest earnings results from Gilead Sciences, Inc (NASDAQ: GILD) was released for 2024-09-30. The net profit margin was 0.45% and return on equity was 0.62% for GILD. The company reported revenue of $7.54 billion for the quarter, compared to $7.05 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.01 percent.
