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As of close of business last night, Lilly(Eli) & Co’s stock clocked out at $845.31, up 9.48% from its previous closing price of $772.14. In other words, the price has increased by $9.48 from its previous closing price. On the day, 9.21 million shares were traded. LLY stock price reached its highest trading level at $877.78 during the session, while it also had its lowest trading level at $825.24.
Ratios:
To gain a deeper understanding of LLY’s stock, we examine 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:
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 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 761121341440 and an Enterprise Value of 784900882432. As of this moment, Lilly(Eli)’s Price-to-Earnings (P/E) ratio for their current fiscal year is 105.59, and their Forward P/E ratio for the next fiscal year is 43.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.64 while its Price-to-Book (P/B) ratio in mrq is 62.70. Its current Enterprise Value per Revenue stands at 21.844 whereas that against EBITDA is 58.69.
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 $502.71. The 50-Day Moving Average of the stock is -2.33%, while the 200-Day Moving Average is calculated to be 15.88%.
Shares Statistics:
It appears that LLY traded 2.94M shares on average per day over the past three months and 4274980 shares per day over the past ten 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 73.40% stake in the company. Shares short for LLY as of 1721001600 were 6314668 with a Short Ratio of 2.15, 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
With its trailing 12-month dividend rate of 4.69, LLY has a forward annual dividend rate of 4.86. Against a Trailing Annual Dividend Yield of 0.006074028The stock’s 5-year Average Dividend Yield is 1.34.
