Esperion Therapeutics Inc. (ESPR) Stocks Reach New Highs at $2.70 During Trading Session

After finishing at $2.62 in the prior trading day, Esperion Therapeutics Inc. (NASDAQ: ESPR) closed at $2.70, up 3.05%. In other words, the price has increased by $+0.0800 from its previous closing price. On the day, 14722759 shares were traded.

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Ratios:

Our goal is to gain a better understanding of ESPR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.29.

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 Sep 20 ’23 when Warren Eric sold 742 shares for $1.25 per share. The transaction valued at 924 led to the insider holds 68,318 shares of the business.

Warren Eric sold 243 shares of ESPR for $344 on Aug 18 ’23. The Chief Commercial Officer now owns 69,060 shares after completing the transaction at $1.41 per share. On Jul 19 ’23, another insider, Warren Eric, who serves as the Chief Commercial Officer of the company, sold 106 shares for $1.58 each. As a result, the insider received 168 and left with 69,303 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, ESPR now has a Market Capitalization of 498.90M and an Enterprise Value of 682.82M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.96. Its current Enterprise Value per Revenue stands at 5.87 whereas that against EBITDA is -4.55.

Stock Price History:

The Beta on a monthly basis for ESPR is 0.83, which has changed by 51.69% over the last 52 weeks, in comparison to a change of 29.19% over the same period for the S&P500. Over the past 52 weeks, ESPR has reached a high of $3.34, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is 2.3698, while the 200-Day Moving Average is calculated to be 1.6810.

Shares Statistics:

The stock has traded on average 6.16M shares per day over the past 3-months and 8.48M shares per day over the last 10 days, according to various share statistics. A total of 170.42M shares are outstanding, with a floating share count of 168.54M. Insiders hold about 1.10% of the company’s shares, while institutions hold 48.10% stake in the company. Shares short for ESPR as of Feb 29, 2024 were 16.95M with a Short Ratio of 2.75, compared to 20.07M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.16% and a Short% of Float of 10.23%.

Earnings Estimates

Its stock is currently analyzed by 7 different market analysts. On average, analysts expect EPS of $0.02 for the current quarter, with a high estimate of $0.46 and a low estimate of -$0.31, while EPS last year was -$0.79. The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.14 and low estimates of -$0.25.

Analysts are recommending an EPS of between $0.09 and -$1 for the fiscal current year, implying an average EPS of -$0.44. EPS for the following year is $0.04, with 5 analysts recommending between $1.49 and -$0.67.

Revenue Estimates

7 analysts predict $77.15M in revenue for the current quarter. It ranges from a high estimate of $144.57M to a low estimate of $28.9M. As of the current estimate, Esperion Therapeutics Inc.’s year-ago sales were $24.33M, an estimated increase of 217.10% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $42.18M, an increase of 63.60% less than the figure of $217.10% in the same quarter last year. There is a high estimate of $50.66M for the next quarter, whereas the lowest estimate is $38M.

A total of 7 analysts have provided revenue estimates for ESPR’s current fiscal year. The highest revenue estimate was $328.2M, while the lowest revenue estimate was $174M, resulting in an average revenue estimate of $257.73M. In the same quarter a year ago, actual revenue was $116.33M, up 121.50% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $382.44M in the next fiscal year. The high estimate is $710.2M and the low estimate is $266.1M. The average revenue growth estimate for next year is up 48.40% from the average revenue estimate for this year.

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