Throughout the last three months, 13 analysts have evaluated ACADIA Pharmaceuticals ACAD, offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 6 | 4 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 2 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 3 | 3 | 4 | 0 | 0 |
Analysts have set 12-month price targets for ACADIA Pharmaceuticals, revealing an average target of $27.69, a high estimate of $37.00, and a low estimate of $19.00. A decline of 5.91% from the prior average price target is evident in the current average.
Investigating Analyst Ratings: An Elaborate Study
The standing of ACADIA Pharmaceuticals among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Jeffrey Hung | Morgan Stanley | Lowers | Overweight | $28.00 | $30.00 |
Keith Tapper | BMO Capital | Announces | Outperform | $31.00 | - |
Gregory Renza | RBC Capital | Maintains | Outperform | $29.00 | $29.00 |
Tazeen Ahmad | B of A Securities | Lowers | Neutral | $22.00 | $26.00 |
Ami Fadia | Needham | Maintains | Buy | $30.00 | $30.00 |
Charles Duncan | Cantor Fitzgerald | Maintains | Overweight | $37.00 | $37.00 |
Andrew Fein | HC Wainwright & Co. | Lowers | Buy | $27.00 | $33.00 |
David Hoang | Citigroup | Lowers | Buy | $30.00 | $30.19 |
Paul Matteis | Stifel | Lowers | Hold | $21.00 | $26.00 |
Uy Ear | Mizuho | Lowers | Neutral | $21.00 | $25.00 |
Joel Beatty | Baird | Lowers | Outperform | $28.00 | $31.00 |
Jay Olson | Oppenheimer | Maintains | Perform | $19.00 | $19.00 |
Charles Duncan | Cantor Fitzgerald | Maintains | Overweight | $37.00 | $37.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to ACADIA Pharmaceuticals. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of ACADIA Pharmaceuticals compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for ACADIA Pharmaceuticals's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into ACADIA Pharmaceuticals's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on ACADIA Pharmaceuticals analyst ratings.
Discovering ACADIA Pharmaceuticals: A Closer Look
Acadia Pharmaceuticals Inc is a biotechnology company that develops and commercializes biopharmaceutical products to address central nervous system disorders. The company aims to discover small molecules drugs that address disorders such as Parkinson's, Alzheimer's, and schizophrenia. Acadia also seeks to in-license or acquire complementary products and candidates. The company's patent applications claim proprietary technology, including novel methods of screening and chemical synthetic methods, novel drug targets, and novel compounds identified using its technology.
Unraveling the Financial Story of ACADIA Pharmaceuticals
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: ACADIA Pharmaceuticals's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 73.75%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Health Care sector.
Net Margin: ACADIA Pharmaceuticals's net margin excels beyond industry benchmarks, reaching 8.04%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): ACADIA Pharmaceuticals's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.7%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): ACADIA Pharmaceuticals's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.06% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.13, ACADIA Pharmaceuticals adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: Simplified
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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