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David Toung Profile - Argus Research Analyst

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David Toung

David Toung
Argus Research

Wall Street Analyst
#1,330 out of 12,290 Wall Street Analysts
#3,093 out of 28,763 experts

Success Rate

61%
177 out of 289 ratings made a profit

Average Return

+8.20%
Average return per rating
Time Frame
1 Year
Compare to
No Benchmark
Copying David Toung's trades since 2016 and holding each position for 1 Year would result in 61.25% of your transactions generating a profit, with an average return of 8.2% per rating.

Stock Rating Distribution

391Ratings
80.82% Buy
18.67% Hold
0.51% Sell
Distribution of David Toung's ratings

Additional Information

Main Sector:Healthcare
Geo Coverage:
United States

Best Rating

Stock:
Charles River Laboratories Intl
(CRL)
Rating:Buy
Date:Sep 14, 2020 - Sep 14, 2021
Return:+98.20%
The most profitable rating made by David Toung

David Toung's Stock Coverage

Company
Date
Position
Action
Price Target
No. of Ratings
Success Rate
Avg. Return
National Storage Affiliates
Apr 05, 2016
Hold
Downgraded
$21.00
(-50.73% Downside)
1Ratings
0.00%
Baxter International
Aug 15, 2016
Hold
Reiterated
3Ratings
0.00%
Veradigm
Oct 21, 2016
Buy
Reiterated
$19.00
(283.84% Upside)
3Ratings
50%
+5.65%
Biogen
Feb 16, 2018
Hold
Downgraded
1Ratings
0.00%
Cardinal Health
Aug 27, 2019
Hold
Downgraded
10Ratings
33%
+0.63%
AbbVie
Aug 05, 2021
Buy
Reiterated
$140.00
(-37.25% Downside)
14Ratings
56%
+5.58%
Bristol-Myers Squibb
Nov 01, 2021
Hold
Downgraded
6Ratings
25%
-1.12%
Gilead Sciences
Jan 28, 2022
Buy
Upgraded
$75.00
(-41.92% Downside)
11Ratings
29%
-1.86%
Merck & Company
Jun 06, 2023
Buy
Reiterated
$125.00
(4.75% Upside)
10Ratings
89%
+11.86%
Amgen
Nov 06, 2023
Buy
Reiterated
$300.00
(-12.63% Downside)
5Ratings
100%
+8.93%
List of latest recommendations made by David Toung. Click to expand and see David Toung's performance on a particular stock
Disclaimer: TipRanks collects analysts’ ratings and price targets by scanning publicly available reports on financial websites and by receiving reports from analysts, firms, or customers. The information and statistics displayed might not be accurate, complete, or up-to-date. The analyst ratings provided are the sole responsibility of the source publication. TipRanks holds no liability over the analysts' information, price targets, ratings, or opinions expressed.
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About Analyst Ratings

About Analyst Ratings
Analyst ratings represent professional recommendations - Buy, Hold, or Sell - issued for a specific stock. Each rating reflects the analyst’s view at the time of publication and is tracked to measure historical performance.
Ratings Count
The total number of analyst ratings (Buy, Hold, and Sell) issued for the stock. This includes all published recommendations, even those not used in performance calculations.
Performance Calculation
To ensure accuracy and prevent duplication, only certain ratings are included in performance metrics:
•  
One rating per analyst per month: If an analyst publishes more than one rating in a month, only the first is counted.
•  
Updated ratings end prior ones: If the analyst changes their stance during that month (for example, from Buy to Sell), performance tracking for the earlier rating stops immediately on the update date, and the new rating begins tracking from that point forward.
•  
Hold ratings excluded: Hold recommendations are displayed on the chart but are not counted in performance or return calculations.
Example
If an analyst rates a stock Buy on April 1 and changes it to Sell on April 20, the Buy rating’s performance is measured from April 1 to April 20. From April 20 onward, only the Sell rating is tracked.
Success Rate
Indicates the percentage of performance-accounted ratings that generated a positive return during their active period. For example, if 6 out of 17 accounted ratings were profitable, the success rate is 35%.
Average Return
Represents the mean return per active rating - showing the average gain or loss an analyst’s recommendation produced while it was active.

David Toung activity FAQ

What is the performance of David Toung's recommendations?
The percentage of profitable recommendations made by David Toung is 61%, and the average return per transaction is 8.20%.
    What stocks does David Toung cover?
    David Toung mostly covers HUM ,COR ,MDT stocks.
      What was David Toung's most profitable rating?
      David Toung’s most profitable ratings was a buy on CRL stock on Sep 14, 2020 - Sep 14, 2021. The return on the trade was +98.20%.
        Where can I see a list of stock analyst ratings?
        You can see a list of daily stock analyst ratings here.
          What are the most recommended stocks by analysts?
          You can see a list of the most recommended stocks by analysts here