Investment Potential for Portola Pharmaceuticals, Inc. (PTLA): A Closer Look

    Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Portola Pharmaceuticals, Inc. (PTLA) was $33.00. Currently, the 1st Resistance Point for this stock is $33.33, with a 2nd Resistance Point sitting at $33.67. Meanwhile, this company’s stock has a 1st Support Level at $32.38 and a 2nd Support Level at $31.77. Portola Pharmaceuticals, Inc. (PTLA) stock has lost -$0.32, or -0.96%, in the past five days. In the last full month, these shares have gained $4.00, or 13.79%. In the past three months, this stock’s price has risen by $13.50, or 69.23%. This year-to-date, Portola Pharmaceuticals, Inc. (PTLA) shares have gained $13.48, or 69.06%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Portola Pharmaceuticals, Inc. (PTLA) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

    With 66,821 K shares outstanding, this company currently has a market capitalization of $2,147,627K. Portola Pharmaceuticals, Inc. (PTLA) generates $22,550 K in annual sales, amounting to annual net income of -$286,090 K. This stock has generated a 1-Year Total Return of -14.13%, a 3-Year Total Return of 15.79%, and a 5-year Total Return of 17.56%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

    In the most recently-reported fiscal quarter, which ended in  Dec-18, Portola Pharmaceuticals, Inc. (PTLA) reported earnings of -$1.04 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$1.11 per share, representing a 0.07 difference and -6.29% surprise. In the previous quarter ending in  Sep-18, the reported earnings of -$1.08 represented a 0.54 difference from the consensus estimate calling for -$1.62 per share, which was a -33.51% surprise.

    For the current fiscal quarter, which is set to end in 03/2019, the average earnings estimate is -$1.06 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was -$0.86 and the low estimate was -$1.36. In the year-ago quarter, Portola Pharmaceuticals, Inc. (PTLA) generated per-share earnings of -$1.28. If the analysts are correct about the current quarter’s earnings, the growth will be +17.19% .

    Turning our focus now to insider trading activity, there have been 12 purchases (270,648 shares in total) and 7 sale (86,211 shares in total) in the last 3 months. In the last 6 months, there have been 14 insider buys amounting to 489,346 shares and 7 insider sales amounting to 86,211 shares. In the past full year, 40 insider purchases were made (involving 1,147,690 shares) and 20 insider sell-offs equivalent to 169,700 shares.

    Moving onto liquidity, Portola Pharmaceuticals, Inc. (PTLA) has a Current Ratio of 5.12, a Quick Ratio of 5.01 and a Cash Ratio of 4.61. Looking at this company’s capital structure, its Total Debt to Total Equity is 252.39, its Total Debt to Total Capital is 71.62, and its Total Debt to Total Assets is now 57.74. Looking even further ahead into the future, its Long-Term Debt to Equity is 238.05 and its Long-Term Debt to Total Capital is 67.55.