Analysts rate Ardelyx Inc. (ARDX:NSD) with a Hold rating and a $4 target

STA Research
by: STA Research
Ardelyx Inc

Analysts rate Ardelyx Inc. (ARDX:NSD) with a consensus Hold rating and an average ARDX stock price target of $4.67 per share over the next 12 months.

Based on the Ardelyx stock forecast from 3 analysts, the average analyst ARDX stock price target is USD 4.67 over the next 12 months. Ardelyx Inc’s average analyst rating is Hold. Stock Target Advisor’s own stock analysis of ARDX stock forecast is Very Bearish, which is based on 0 positive signals and 4 negative signals. At the last closing, Ardelyx stock price was USD 1.09Ardelyx stock price has changed by +0.08% over the past week, +0.40% over the past month and -24.31% over the last year.

About Ardelyx Inc. (ARDX:NSD):

Ardelyx, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat gastrointestinal and cardiorenal therapeutic areas in the United States and internationally. The company’s lead product candidate is tenapanor, which has completed Phase III clinical trial for the treatment of patients with irritable bowel syndrome with constipation, as well as in Phase III clinical trial to control serum phosphorus in adult patients with chronic kidney disease (CKD)on dialysis, or hyperphosphatemia. The company was formerly known as Nteryx, Inc. and changed its name to Ardelyx, Inc. in June 2008. Ardelyx, Inc. was incorporated in 2007 and is headquartered in Waltham, Massachusetts.

 

Most Recent Analyst Ratings for ARDX’s stock:

What we like:

There is nothing we particularly like about ARDX stock.

 

What we don’t like:

High volatility:

The total returns for ARDX stock are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value:

Ardelyx stock price is trading high compared to its peers median on a price to book value basis.

Negative cashflow:

ARDX stock had negative total cash flow in the most recent four quarters.

Negative free cash flow:

ARDX stock had negative total free cash flow in the most recent four quarters.

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