Rigel Pharmaceuticals Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 30 out of 155 in the Pharmaceuticals industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 53.20.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Rigel Pharmaceuticals Inc is 8.11, ranking 71 out of 155 in the Pharmaceuticals industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 58.82M, representing a year-over-year increase of 10.28%, while its net profit experienced a year-over-year increase of 24.39%.
Key Metrics
The current valuation score of Rigel Pharmaceuticals Inc is 8.67, ranking 10 out of 155 in the Pharmaceuticals industry. Its current P/E ratio is 1.43, which is 1610.11% below the recent high of 24.52 and 7866.02% above the recent low of -111.36.
The current earnings forecast score of Rigel Pharmaceuticals Inc is 7.67, ranking 97 out of 155 in the Pharmaceuticals industry. The average price target is 42.00, with a high of 69.00 and a low of 24.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Rigel Pharmaceuticals Inc is 7.46, ranking 37 out of 155 in the Pharmaceuticals industry. Currently, the stock price is trading between the resistance level at 32.92 and the support level at 25.27, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Rigel Pharmaceuticals Inc is 10.00, ranking 1 out of 155 in the Pharmaceuticals industry. The latest institutional shareholding proportion is 95.95%, representing a quarter-over-quarter increase of 9.56%. The largest institutional shareholder is James Simons, holding a total of 539.01K shares, representing 2.91% of shares outstanding, with 158.84% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Pharmaceuticals domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Rigel Pharmaceuticals Inc is 4.47, ranking 87 out of 155 in the Pharmaceuticals industry. The company's beta value is 1.21. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
