Market Highlights: Lilly(Eli) & Co (LLY) Ends on a High Note at 807.79

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The price of Lilly(Eli) & Co (NYSE: LLY) closed at $807.79 in the last session, up 0.39% from day before closing price of $804.62. In other words, the price has increased by $0.39 from its previous closing price. On the day, 2.47 million shares were traded. LLY stock price reached its highest trading level at $824.77 during the session, while it also had its lowest trading level at $804.0.

Ratios:

We take a closer look at LLY’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 727338123264 and an Enterprise Value of 751117664256. As of this moment, Lilly(Eli)’s Price-to-Earnings (P/E) ratio for their current fiscal year is 120.97, and their Forward P/E ratio for the next fiscal year is 42.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.37 while its Price-to-Book (P/B) ratio in mrq is 59.92. Its current Enterprise Value per Revenue stands at 20.904 whereas that against EBITDA is 56.164.

Stock Price History:

Over the past 52 weeks, LLY has reached a high of $966.10, while it has fallen to a 52-week low of $446.89. The 50-Day Moving Average of the stock is -6.57%, while the 200-Day Moving Average is calculated to be 11.92%.

Shares Statistics:

According to the various share statistics, LLY traded on average about 2.95M shares per day over the past 3-months and 3757710 shares per day over the past 10 days. A total of 949.38M shares are outstanding, with a floating share count of 851.48M. Insiders hold about 10.41% of the company’s shares, while institutions hold 73.44% stake in the company. Shares short for LLY as of 1721001600 were 6314668 with a Short Ratio of 2.14, compared to 1718323200 on 6482755. Therefore, it implies a Short% of Shares Outstanding of 6314668 and a Short% of Float of 0.7900001.

Dividends & Splits

The forward annual dividend rate for LLY is 4.86, which was 4.69 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.005828839The stock’s 5-year Average Dividend Yield is 1.37.

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