Deciphera Pharmaceuticals Inc (NASDAQ:DCPH) traded at $25.20 at last check on Monday, April 29, made an upward move of 72.05% on its previous day’s price.
Looking at the stock we see that its previous close was $14.65. In terms of its 52-week price range, DCPH has a high of $17.73 and a low of $9.90. The company’s stock has gained about 60.24% over that past 30 days.
Deciphera Pharmaceuticals Inc has a market cap of $2.07 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.55, with the EPS growth for the year raised at -$2.16 for 2024 and -$1.7 for next year. These figures represent 5.70% and 21.30% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $46.31 million, with a low of $42 million and a high of $48.9 million. The median projection represents growth squeezing down to 38.50% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $200.26 million, or 22.60% up from figures reported last year.
On the other hand, looking at the outlook for the DCPH stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is 68.25% off its SMA20 and 61.61% from its 50-day simple moving average. The RSI (14) is pointing at 85.90 while the volatility over the past week is 4.29% and jumps to 4.27% over the past one month. The beta value is 0.40, while the average true range (ATR) is currently pointing at 1.35.
Coming back to Deciphera Pharmaceuticals Inc (NASDAQ:DCPH), we note that the average 3-month trading volume was 516.13K. Current shares outstanding are 80.50 million.
The insiders hold 38.85% of the company’s shares while institutions hold 62.71%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 56.26% up in year-to-date price movement.
