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After finishing at $906.71 in the prior trading day, Lilly(Eli) & Co (NYSE: LLY) closed at $897.19, down -1.05%. In other words, the price has decreased by -$1.05 from its previous closing price. On the day, 3.08 million shares were traded. LLY stock price reached its highest trading level at $918.5 during the session, while it also had its lowest trading level at $884.0.
Ratios:
Our goal is to gain a better understanding of LLY by taking a closer look at its different ratios. 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:
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 Jul 03 ’24 when LILLY ENDOWMENT INC sold 8,848 shares for $915.31 per share. The transaction valued at 8,098,655 led to the insider holds 97,299,772 shares of the business.
LILLY ENDOWMENT INC sold 58,749 shares of LLY for $53,770,776 on Jul 01 ’24. The 10% Owner now owns 97,308,620 shares after completing the transaction at $915.26 per share. On Jun 28 ’24, another insider, LILLY ENDOWMENT INC, who serves as the 10% Owner of the company, sold 1,441 shares for $915.02 each. As a result, the insider received 1,318,545 and left with 97,367,369 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 808653684736 and an Enterprise Value of 832433291264. As of this moment, Lilly(Eli)’s Price-to-Earnings (P/E) ratio for their current fiscal year is 134.36, and their Forward P/E ratio for the next fiscal year is 46.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.73 while its Price-to-Book (P/B) ratio in mrq is 66.55. Its current Enterprise Value per Revenue stands at 23.167 whereas that against EBITDA is 62.244.
Stock Price History:
The Beta on a monthly basis for LLY is 0.41, which has changed by 0.93886137 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, LLY has reached a high of $916.83, while it has fallen to a 52-week low of $434.34. The 50-Day Moving Average of the stock is 9.86%, while the 200-Day Moving Average is calculated to be 29.53%.
Shares Statistics:
The stock has traded on average 2.67M shares per day over the past 3-months and 3029140 shares per day over the last 10 days, according to various share statistics. A total of 949.38M shares are outstanding, with a floating share count of 851.07M. Insiders hold about 10.45% of the company’s shares, while institutions hold 73.21% stake in the company. Shares short for LLY as of 1718323200 were 6482755 with a Short Ratio of 2.43, compared to 1715731200 on 5400466. Therefore, it implies a Short% of Shares Outstanding of 6482755 and a Short% of Float of 0.8099999999999999.
Dividends & Splits
In the trailing 12 months, LLY’s forward annual dividend rate was 4.69, compared to 4.86 this year. Against a Trailing Annual Dividend Yield of 0.005172547The stock’s 5-year Average Dividend Yield is 1.37. The current Payout Ratio is 77.91% for LLY, which recently paid a dividend on 2024-05-15 with an ex-dividend date of 1723680000. Stock splits for the company last occurred on 1997-10-16 when the company split stock in a 2:1 ratio.
