Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Lilly(Eli) & Co (NYSE: LLY) closed at $732.20 down -1.81% from its previous closing price of $745.69. In other words, the price has decreased by -$1.81 from its previous closing price. On the day, 2.05 million shares were traded. LLY stock price reached its highest trading level at $752.64 during the session, while it also had its lowest trading level at $728.785.
Ratios:
For a deeper understanding of Lilly(Eli) & Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 237.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 878.43. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 2.34 whereas as Long-Term Debt/Eq ratio is at 1.70.
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 Mar 11 ’24 when Zakrowski Donald A sold 750 shares for $753.60 per share. The transaction valued at 565,200 led to the insider holds 7,880 shares of the business.
LILLY ENDOWMENT INC sold 169,684 shares of LLY for $132,521,930 on Feb 16 ’24. The 10% Owner now owns 98,898,810 shares after completing the transaction at $780.99 per share. On Feb 15 ’24, another insider, LILLY ENDOWMENT INC, who serves as the 10% Owner of the company, sold 50,316 shares for $760.46 each. As a result, the insider received 38,263,417 and left with 99,068,494 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 708976836608 and an Enterprise Value of 682617995264. As of this moment, Lilly(Eli)’s Price-to-Earnings (P/E) ratio for their current fiscal year is 128.80, and their Forward P/E ratio for the next fiscal year is 40.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.40 while its Price-to-Book (P/B) ratio in mrq is 64.53. Its current Enterprise Value per Revenue stands at 20.004 whereas that against EBITDA is 55.432.
Stock Price History:
Over the past 52 weeks, LLY has reached a high of $800.78, while it has fallen to a 52-week low of $370.68. The 50-Day Moving Average of the stock is -3.95%, while the 200-Day Moving Average is calculated to be 18.42%.
Shares Statistics:
For the past three months, LLY has traded an average of 3.06M shares per day and 2383010 over the past ten days. A total of 949.38M shares are outstanding, with a floating share count of 849.82M. Insiders hold about 10.62% of the company’s shares, while institutions hold 73.57% stake in the company. Shares short for LLY as of 1711584000 were 5420666 with a Short Ratio of 1.77, compared to 1709164800 on 5423381. Therefore, it implies a Short% of Shares Outstanding of 5420666 and a Short% of Float of 0.64.
Dividends & Splits
According to the company, the forward annual dividend rate for LLY is 4.69, from 4.52 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0060615The stock’s 5-year Average Dividend Yield is 1.45.
