Short Term Estimates And Forecasts For SpringWorks Therapeutics Inc (SWTX)

SpringWorks Therapeutics Inc (NASDAQ:SWTX) has a beta value of 0.84 and has seen 1.1 million shares traded in the last trading session. The company, currently valued at $3.45B, closed the last trade at $46.69 per share which meant it gained $0.24 on the day or 0.52% during that session. The SWTX stock price is -15.49% off its 52-week high price of $53.92 and 61.45% above the 52-week low of $18.00. The 3-month trading volume is 1.14 million shares.

SpringWorks Therapeutics Inc (NASDAQ:SWTX) trade information

Sporting 0.52% in the green in last session, the stock has traded in the green over the last five days, when the SWTX stock price touched $46.69 or saw a rise of 2.77%. Year-to-date, SpringWorks Therapeutics Inc shares have moved 27.92%, while the 5-day performance has seen it change 6.11%. Over the past 30 days, the shares of SpringWorks Therapeutics Inc (NASDAQ:SWTX) have changed -1.95%.

SpringWorks Therapeutics Inc (SWTX) estimates and forecasts

Figures show that SpringWorks Therapeutics Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 116.06% over the past 6 months, with this year growth rate of 8.93%, compared to 12.60% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 0.00% and 241.60% for the next quarter. Revenue growth from the last financial year stood is estimated to be 1,520.50%.

7 analysts offering their estimates for the company have set an average revenue estimate of $12.21 million for the current quarter. 7 have an estimated revenue figure of $19.89 million for the next quarter concluding in Jun 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -65.72% over the past 5 years.

SWTX Dividends

SpringWorks Therapeutics Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.