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As of close of business last night, Alkermes plc’s stock clocked out at $26.43, down -3.43% from its previous closing price of $27.37. In other words, the price has decreased by -$3.43 from its previous closing price. On the day, 2.08 million shares were traded. ALKS stock price reached its highest trading level at $27.95 during the session, while it also had its lowest trading level at $26.41.
Ratios:
To gain a deeper understanding of ALKS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.30. For the most recent quarter (mrq), Quick Ratio is recorded 2.61 and its Current Ratio is at 2.99. In the meantime, Its Debt-to-Equity ratio is 0.29 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 this company, TD Cowen on June 17, 2024, initiated with a Buy rating and assigned the stock a target price of $34.
On March 19, 2024, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $37.
UBS Downgraded its Neutral to Sell on February 20, 2024, while the target price for the stock was maintained at $25.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 18 ’24 when Nichols Christian Todd sold 10,417 shares for $28.10 per share. The transaction valued at 292,740 led to the insider holds 65,911 shares of the business.
Parisi Samuel Joseph sold 2,559 shares of ALKS for $75,874 on Feb 27 ’24. The VP, Finance (Interim PAO) now owns 7,717 shares after completing the transaction at $29.65 per share. On Feb 15 ’24, another insider, LAURENCIN CATO T, who serves as the Director of the company, sold 2,690 shares for $31.85 each. As a result, the insider received 85,676 and left with 15,169 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 4352175104 and an Enterprise Value of 3844067840. As of this moment, Alkermes’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.66, and their Forward P/E ratio for the next fiscal year is 10.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.89 while its Price-to-Book (P/B) ratio in mrq is 3.41. Its current Enterprise Value per Revenue stands at 2.549 whereas that against EBITDA is 10.83.
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 $20.46. The 50-Day Moving Average of the stock is -2.73%, while the 200-Day Moving Average is calculated to be -0.46%.
Shares Statistics:
It appears that ALKS traded 1.77M shares on average per day over the past three months and 2015800 shares per day over the past ten days. A total of 166.98M shares are outstanding, with a floating share count of 161.57M. Insiders hold about 1.88% of the company’s shares, while institutions hold 109.48% stake in the company. Shares short for ALKS as of 1724976000 were 17185990 with a Short Ratio of 10.52, compared to 1722384000 on 18543231. Therefore, it implies a Short% of Shares Outstanding of 17185990 and a Short% of Float of 15.439998999999998.
