Balance Sheet Breakdown: Alkermes plc (ALKS)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $24.49 in the prior trading day, Alkermes plc (NASDAQ: ALKS) closed at $24.14, down -1.43%. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 2.32 million shares were traded. ALKS stock price reached its highest trading level at $25.16 during the session, while it also had its lowest trading level at $23.98.

Ratios:

Our goal is to gain a better understanding of ALKS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.36. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 3.20. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.29.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Robert W. Baird on March 19, 2024, initiated with a Outperform rating and assigned the stock a target price of $37.

On February 20, 2024, UBS Downgraded its rating to Sell which previously was Neutral but kept the price unchanged to $25.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 18 ’24 when Nichols Christian Todd sold 10,417 shares for $28.10 per share. The transaction valued at 292,740 led to the insider holds 65,911 shares of the business.

Parisi Samuel Joseph sold 2,559 shares of ALKS for $75,874 on Feb 27 ’24. The VP, Finance (Interim PAO) now owns 7,717 shares after completing the transaction at $29.65 per share. On Feb 15 ’24, another insider, LAURENCIN CATO T, who serves as the Director of the company, sold 2,690 shares for $31.85 each. As a result, the insider received 85,676 and left with 15,169 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALKS now has a Market Capitalization of 4084994560 and an Enterprise Value of 3710061568. As of this moment, Alkermes’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.52, and their Forward P/E ratio for the next fiscal year is 9.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 3.25. Its current Enterprise Value per Revenue stands at 2.149 whereas that against EBITDA is 6.887.

Stock Price History:

The Beta on a monthly basis for ALKS is 0.49, which has changed by -0.20013255 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, ALKS has reached a high of $32.88, while it has fallen to a 52-week low of $20.46. The 50-Day Moving Average of the stock is -7.16%, while the 200-Day Moving Average is calculated to be -8.56%.

Shares Statistics:

The stock has traded on average 2.02M shares per day over the past 3-months and 1463110 shares per day over the last 10 days, according to various share statistics. A total of 166.98M shares are outstanding, with a floating share count of 166.77M. Insiders hold about 1.45% of the company’s shares, while institutions hold 102.29% stake in the company. Shares short for ALKS as of 1714435200 were 12894206 with a Short Ratio of 6.40, compared to 1711584000 on 14335888. Therefore, it implies a Short% of Shares Outstanding of 12894206 and a Short% of Float of 11.129999999999999.

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