Understanding the Financial Health of ArQule Inc. (ARQL)

Publicly-traded company ArQule Inc. (NASDAQ:ARQL) had a closing price of $7.99 yesterday. Meanwhile, the average 12-month price target from Wall Street analysts is currently $13.33, this means that the stock is underpriced by 40.06%. In the past 52 weeks the company’s stock price has moved within the range of $2.23 to $12.22.

This particular stock’s 5-day moving average is 9.54, its 20-day moving average is 9.25 and its 100-day moving average is 9.35. ArQule Inc. (ARQL) currently has 119.78M shares outstanding, which means that its market capitalization is $957.04M.

The Details: ArQule Inc. (ARQL) Financial Health

Return on Assets, which is expressed as a percentage, tells us how well a public company is using its assets to turn a profit. The larger the percentage, the better it is At the moment, ArQule Inc. Return on Assets is -27.00%.

What Does Wall Street Say about Company?

When selecting potential stocks to buy, many investors want to find out what Wall Street professionals are thinking about the company beforehand – like what the average analyst rating is. At the moment, the average analyst rating for ARQL is Buy. Out of 9 total analysts who were surveyed, 0 rated it a sell, 0 rated it a underweight, 0 rated it an overweight, 0 rated it hold, and 9 rated it a Buy.

Understanding Profitability at ArQule Inc. (ARQL)

A good way of assessing a public company’s profitability is by looking at its Earnings per Share (EPS). In the most recent financial results released by ArQule Inc., for the quarter ending on 12/2019, the company posted EPS of -0.10. The average estimate of Wall Street analysts had projected -0.10.

Wall Street analysts, on average, are forecasting the company’s EPS to be -0.10, compared to -0.08 reported in the same quarter last year. When it comes to net revenue, the average estimate from a total of 9 analysts is 1.23M – compared to 2.94M posted in the year-ago period.