The Sanofi (SNY) shares are trading at lower $51.15 and the avg recommendation for the stock is Strong Buy. while the current analyst price target stands at $58.38.
To add more color to this target, the company’s high over the last year is $55.00 and the low is $37.62. Over the last 52 weeks, SNY is down -7.00% while the S&P 500 is down -0.64%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, SNY reported a profit of $7.12 billion. Sanofi also saw revenues increase to $10.28 billion. In addition, SNY has free cash flow of $0.0 as of 03-2020. The company’s EBITDA came in at $2.34 billion which compares well with its peers.
SNY booked profit margins of 13.60%. All told, it is clear that, SNY needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. SNY has a short ratio of 2.40 and outstanding shares of 2.59B.
SNY has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.79 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 1.59. Investors should also keep an eye on sector updates as SNY has historically followed its peers on positive news.
All told, Sanofi SNY has strung together solid data and demonstrated underlying fundamentals. At its current valuation, SNY represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Sanofi SNY is now commanding a market cap of 132.38B and a float of 2.23B. SNY is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of SNY stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in SNY, either long or short, and we have not been compensated for this article.