Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Where Intra-Cellular Therapies Stands With Analysts

Author: Benzinga Insights | June 12, 2024 10:01am

Across the recent three months, 14 analysts have shared their insights on Intra-Cellular Therapies (NASDAQ:ITCI), expressing a variety of opinions spanning from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 9 4 1 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 8 2 1 0 0
3M Ago 1 1 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $91.57, a high estimate of $120.00, and a low estimate of $77.00. This upward trend is apparent, with the current average reflecting a 10.19% increase from the previous average price target of $83.10.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

The analysis of recent analyst actions sheds light on the perception of Intra-Cellular Therapies by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Jessica Fye JP Morgan Raises Overweight $78.00 $75.00
Ami Fadia Needham Maintains Buy $90.00 $90.00
Ami Fadia Needham Maintains Buy $90.00 $90.00
Charles Duncan Cantor Fitzgerald Maintains Overweight $120.00 -
Sumant Kulkarni Canaccord Genuity Raises Buy $107.00 $100.00
Ami Fadia Needham Raises Buy $90.00 $82.00
Graig Suvannavejh Mizuho Raises Buy $96.00 $82.00
Corinne Jenkins Goldman Sachs Raises Neutral $77.00 $67.00
Jason Gerberry B of A Securities Raises Buy $91.00 $82.00
Joel Beatty Baird Raises Outperform $103.00 $83.00
Joseph Thome TD Cowen Raises Buy $90.00 $80.00
Ami Fadia Needham Maintains Buy $82.00 -
Ami Fadia Needham Maintains Buy $82.00 -
Brian Abrahams RBC Capital Maintains Outperform $86.00 -

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Intra-Cellular Therapies. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Intra-Cellular Therapies compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Intra-Cellular Therapies's stock. This analysis reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Intra-Cellular Therapies's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Intra-Cellular Therapies analyst ratings.

All You Need to Know About Intra-Cellular Therapies

Intra-Cellular Therapies Inc is a biopharmaceutical company that develops novel drugs for treating diseases of the central nervous system. The company is focused on the delivery and clinical development of small-molecule drugs that address needs in neuropsychiatric and neurological disorders. Intra-Cellular maintains proprietary chemistry platforms to develop drugs for neurodegenerative diseases. The company's business segment is discovering and developing drugs for the treatment of neurological and psychiatric disorders.

Understanding the Numbers: Intra-Cellular Therapies's Finances

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining Intra-Cellular Therapies's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 52.9% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Health Care sector.

Net Margin: Intra-Cellular Therapies's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -10.53%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Intra-Cellular Therapies's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -2.56%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Intra-Cellular Therapies's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -2.07%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Intra-Cellular Therapies's debt-to-equity ratio is below the industry average. With a ratio of 0.03, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

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.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: ITCI