Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $29.65 in the prior trading day, Alkermes plc (NASDAQ: ALKS) closed at $29.81, up 0.54%. In other words, the price has increased by $0.54 from its previous closing price. On the day, 0.77 million shares were traded. ALKS stock price reached its highest trading level at $29.929 during the session, while it also had its lowest trading level at $29.33.
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 5.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.30. 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 Dec 09 ’24 when Hopkinson Craig C. sold 61,151 shares for $32.07 per share. The transaction valued at 1,961,406 led to the insider holds 47,576 shares of the business.
LAURENCIN CATO T sold 2,691 shares of ALKS for $85,708 on Dec 09 ’24. The Director now owns 23,013 shares after completing the transaction at $31.85 per share. On Dec 09 ’24, another insider, LAURENCIN CATO T, who serves as the Director of the company, bought 2,691 shares for $31.85 each.
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 4823347712 and an Enterprise Value of 4264291584. As of this moment, Alkermes’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.18, and their Forward P/E ratio for the next fiscal year is 16.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.20 while its Price-to-Book (P/B) ratio in mrq is 3.73. Its current Enterprise Value per Revenue stands at 2.833 whereas that against EBITDA is 11.885.
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 $22.90. The 50-Day Moving Average of the stock is 3.30%, while the 200-Day Moving Average is calculated to be 11.72%.
Shares Statistics:
The stock has traded on average 1.72M shares per day over the past 3-months and 1924340 shares per day over the last 10 days, according to various share statistics. A total of 161.78M shares are outstanding, with a floating share count of 158.79M. Insiders hold about 1.86% of the company’s shares, while institutions hold 111.02% stake in the company. Shares short for ALKS as of 1732838400 were 13705080 with a Short Ratio of 7.25, compared to 1730332800 on 16118724. Therefore, it implies a Short% of Shares Outstanding of 13705080 and a Short% of Float of 12.640001000000002.
