Forty Seven stock: buy or sell?

FTSV stock price: $95.51 0.05% At close on April 6th, 2020

Updated on:
April 6th, 2020

4

Forty Seven remained steady 0.05% today to $95.51 after topping to all time highs today.

Should I buy Forty Seven stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups are elegible for Forty Seven stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Forty Seven stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for FTSV stock for the last 30 days.

Forty Seven stock analysis

Daily outlook

Forty Seven shares reached new all time highs back again today, marking to $95.51. Shares closed at $95.51 and remained stable 0.05%.

Forty Seven remained stable 0.05% today to $95.51 after topping to all time highs today. On January, SMA100d and SMA200d crossed up triggering a rise of 138.78%. Since last November when FTSV stock price broke up the SMA200d line, it gained $84.54 (770.65%).

FTSV stock chart (daily)

Weekly outlook

Forty Seven shares stayed steady 0.05% this week and marked a new all time high at $95.51. Early March FTSV skyrocketed an astounding 38.53% in just one week. With this, it's been 3 green weeks in a row, gaining $3.67 or 3.94%.

FTSV shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom by mid March, FTSV climbed unceasignly breaking out to new all time highs. Since late December 2019 when SMA20w and SMA40w crossed up, FTSV price gained $54.63 per share (133.64%). Since mid November 2019 when FTSV stock price broke up the SMA40w line, it gained $84.82 (793.45%).

FTSV stock chart (weekly)

Forty Seven stock price history

Forty Seven IPO was on June 28th, 2018 at $15.01 per share1. Since then, FTSV stock grew a 536.30%, with an average of 536.30% per year. If you had invested $1,000 in Forty Seven stock in 2018, it would worth $5,363.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Forty Seven stock historical price chart

FTSV stock reached all-time highs today with a price of $95.51.

Forty Seven stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for Forty Seven stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Forty Seven missed the estimates of the experts and reported a shocking EPS of $-0.56 per share when experts were expecting $-0.66.
FTSV earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
0000-Q2-n/an/an/a
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q22018-08-13-0.62-2.52n/a
2018-Q32018-11-13-0.56-0.71n/a
2018-Q42019-03-28-0.66-0.56n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to , last anual sales report draw of to M dollars. When comparing vs , , profit margin (that is, the net income divided by revenues) a to .

FTSV annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY

Quarterly financial results

Reported quarter earnings marked $-17.21 M with a profit margin of . Profit margin stayed constant a 0.00% compared to previous quarter when profit margin was inf%. When comparing turnover to same quarter last year, Forty Seven sales marked a neutral move and stayed constant a nan%. Looking back to recent quarterly results, Forty Seven posted 6 positive quarters in a row.
FTSV quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2

Forty Seven ownership

When you are planning to buy shares of a company, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Forty Seven, 15.59% of all outstanding shares are owned by its staff.

In case of Forty Seven stock, 69.44% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for FTSV stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related stocks:

FTSV
Market cap$4.6 B
Total shares48.2 M
Float shares36.2 M
  - Institutional holdings (%)69.4%
  - Insider holdings (%)15.6%
Shares in short selling0.0%

Forty Seven summary

Monday, April 6th, 2020
Open$95.46
Close$95.51
Day range$95.46 - $95.51
Previous close$95.46
Session gain0.05%
Average true range$1.41
50d mov avg$70.16
100d mov avg$49.67
200d mov avg$28.75
Daily pattern
Weekly pattern lb03c

Forty Seven performance

To better understand Forty Seven performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Forty Seven to :
Stock3m6m12m
FTSVForty Seven170.72%1499.83%413.49%

Forty Seven competitors

Unfortunately, we could not find any public company that could be defined as Forty Seven competitor. This doesn't mean Forty Seven does not have any competitor in the market, it's just we could not detected it.