Key Considerations for Cytokinetics Investors

Cytokinetics sank -8.2% this morning, compared to the S&P 500's day change of -1.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

  • Cytokinetics has logged a 55.4% 52 week change, compared to 29.1% for the S&P 500

  • CYTK has an average analyst rating of buy and is -38.22% away from its mean target price of $81.29 per share

  • Its trailing earnings per share (EPS) is $-5.38, which brings its trailing Price to Earnings (P/E) ratio to -9.3. The Health Care sector's average P/E ratio is 26.07

  • The company's forward earnings per share (EPS) is $-5.39 and its forward P/E ratio is -9.3

  • The current ratio is currently 6.1, which consists in its liquid assets divided by any liabilities due within in the next 12 months

  • The company's free cash flow for the last fiscal year was $-415749000 and the average free cash flow growth rate is -32.4%

  • Cytokinetics's revenues have an average growth rate of -23.7% with operating expenses growing at 32.6%. The company's current operating margins stand at -6589.7%

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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