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Alkermes plc (NASDAQ: ALKS) closed the day trading at $27.70 down -0.75% from the previous closing price of $27.91. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 1.87 million shares were traded. ALKS stock price reached its highest trading level at $28.18 during the session, while it also had its lowest trading level at $27.49.
Ratios:
For a better understanding of ALKS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.22. For the most recent quarter (mrq), Quick Ratio is recorded 3.03 and its Current Ratio is at 3.45. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.28.
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 the company, Stifel on November 05, 2024, Upgraded its rating to Buy and sets its target price to $36 from $25 previously.
On June 17, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $34.
On March 19, 2024, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $37.Robert W. Baird initiated its Outperform rating on March 19, 2024, with a $37 target price.
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 Nov 11 ’24 when Hopkinson Craig C. sold 58,996 shares for $30.08 per share. The transaction valued at 1,774,576 led to the insider holds 83,300 shares of the business.
Hopkinson Craig C. bought 58,996 shares of ALKS for $1,774,578 on Nov 11 ’24. On Nov 06 ’24, another insider, Hopkinson Craig C., who serves as the EVP R&D, Chief Medical Officer of the company, sold 10,471 shares for $29.53 each. As a result, the insider received 309,169 and left with 99,238 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 4481943552 and an Enterprise Value of 3939068416. As of this moment, Alkermes’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.11, and their Forward P/E ratio for the next fiscal year is 15.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 3.47. Its current Enterprise Value per Revenue stands at 2.617 whereas that against EBITDA is 10.978.
Stock Price History:
Over the past 52 weeks, ALKS has reached a high of $32.88, while it has fallen to a 52-week low of $22.22. The 50-Day Moving Average of the stock is -0.58%, while the 200-Day Moving Average is calculated to be 4.16%.
Shares Statistics:
Over the past 3-months, ALKS traded about 1.70M shares per day on average, while over the past 10 days, ALKS traded about 1632100 shares per day. A total of 166.98M shares are outstanding, with a floating share count of 158.75M. Insiders hold about 1.89% of the company’s shares, while institutions hold 110.97% stake in the company. Shares short for ALKS as of 1730332800 were 16118724 with a Short Ratio of 9.51, compared to 1727654400 on 17177290. Therefore, it implies a Short% of Shares Outstanding of 16118724 and a Short% of Float of 14.87.
