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In the latest session, Lilly(Eli) & Co (NYSE: LLY) closed at $941.60 down -0.93% from its previous closing price of $950.46. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 2.1 million shares were traded. LLY stock price reached its highest trading level at $956.39 during the session, while it also had its lowest trading level at $938.38.
Ratios:
For a deeper understanding of Lilly(Eli) & Co’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 2.05 whereas as Long-Term Debt/Eq ratio is at 1.92.
On February 16, 2024, Morgan Stanley reiterated its Overweight rating and also lowered its target price recommendation from $805 to $950.
Daiwa Securities Downgraded its Buy to Outperform on December 21, 2023, whereas the target price for the stock was revised from $660 to $610.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 10 ’24 when LILLY ENDOWMENT INC sold 210,000 shares for $939.82 per share. The transaction valued at 197,361,398 led to the insider holds 96,943,810 shares of the business.
LILLY ENDOWMENT INC sold 93,593 shares of LLY for $85,977,954 on Jul 08 ’24. The 10% Owner now owns 97,153,810 shares after completing the transaction at $918.64 per share. On Jul 05 ’24, another insider, LILLY ENDOWMENT INC, who serves as the 10% Owner of the company, sold 52,369 shares for $915.18 each. As a result, the insider received 47,927,194 and left with 97,247,403 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, LLY now has a Market Capitalization of 855799496704 and an Enterprise Value of 871600881664. As of this moment, Lilly(Eli)’s Price-to-Earnings (P/E) ratio for their current fiscal year is 141.01, and their Forward P/E ratio for the next fiscal year is 48.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.91 while its Price-to-Book (P/B) ratio in mrq is 69.85. Its current Enterprise Value per Revenue stands at 24.257 whereas that against EBITDA is 65.173.
Stock Price History:
The Beta on a monthly basis for LLY is 0.41, which has changed by 1.0760207 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, LLY has reached a high of $966.10, while it has fallen to a 52-week low of $443.26. The 50-Day Moving Average of the stock is 11.28%, while the 200-Day Moving Average is calculated to be 33.12%.
Shares Statistics:
For the past three months, LLY has traded an average of 2.74M shares per day and 2764710 over the past ten days. A total of 949.38M shares are outstanding, with a floating share count of 851.49M. Insiders hold about 10.41% of the company’s shares, while institutions hold 73.19% stake in the company. Shares short for LLY as of 1719532800 were 5994960 with a Short Ratio of 2.19, compared to 1717113600 on 6163270. Therefore, it implies a Short% of Shares Outstanding of 5994960 and a Short% of Float of 0.75.
Dividends & Splits
According to the company, the forward annual dividend rate for LLY is 4.86, from 4.69 in the trailing year. Against a Trailing Annual Dividend Yield of 0.004934453The stock’s 5-year Average Dividend Yield is 1.37. The current Payout Ratio is 77.91% for LLY, which recently paid a dividend on 2024-05-15 with an ex-dividend date of 1723680000. Stock splits for the company last occurred on 1997-10-16 when the company split stock in a 2:1 ratio.
