Alert: Rating Downgrade (8/9/24)-Galapagos NV (NASDAQ: GLPG).

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Stock Rating Downgrade

Of late the Value Trend Rating for Galapagos NV (NASDAQ: GLPG) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

On 8/9/24, Galapagos NV (NASDAQ: GLPG) stock declined by -2.6%, closing at $24.81. Moreover, this decline was accompanied by above average trading volume at 126% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -7.7% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, GLPG is expected to continue to be Value Creation neutral.

Galapagos has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Galapagos has a slightly positive Appreciation Score of 69 but a very low Power Rating of 2, producing the Negative Value Trend Rating.

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