In yesterday’s Wall Street session, Gilead Sciences, Inc (NASDAQ:GILD) shares traded at $89.14, down -1.64% from the previous session.
GILD stock price is now -2.74% away from the 50-day moving average and 14.31% away from the 200-day moving average. The market capitalization of the company currently stands at $111.09B.
On November 15, 2024, Wolfe Research recently initiated its ‘Outperform’ rating on the stock quoting a target price of $110, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, GILEAD SCIENCES, INC., 10% Owner bought 940,499 shares of the company’s stock on Dec 19 ’24. The stock was bought for $20,098,464 at an average price of $21.37. Upon completion of the transaction, the 10% Owner now directly owns 2,209,471 shares in the company, valued at $196.95 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 18 ’24, 10% Owner GILEAD SCIENCES, INC. bought 1,759,978 shares of the business’s stock. A total of $1,830,377 was incurred on buying the stock at an average price of $1.04. This leaves the insider owning 9,105,451 shares of the company worth $811.66 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 $127560138752, which is based on a 1004.96 price-to-earnings ratio, a 107.39 price-to-earnings-growth ratio, and a beta of 0.20. The fifty day moving average price for GILD is $91.6546 and a two-hundred day moving average price translates $77.9788 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.
