Is GSK Plc ADR (NYSE: GSK) Back In The Buying Zone?

With over 4.08 million GSK Plc ADR (GSK) shares trading Tuesday and a closing price of $36.42 on the day, the dollar volume was approximately $148.42 million. The shares have shown a positive half year performance of 5.14% and its price on 12/12/23 gained nearly 0.14%. Currently, there are 2.04B common shares owned by the public and among those 2.04B shares have been available to trade.

An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 21 analysts who have offered their price forecasts for GSK have a consensus price objective of $42.84. The analysts have set the share’s price value over the next 12 months at a high of $62.61 and a low of $31.82. The average price target is 14.99% above its recent price level and a downside to the estimated low will see the stock lose -14.46% over that period. But an upside of 41.83% will see the stock hit the forecast high price target while median target price for the stock is $39.61.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.

Shares of GSK Plc ADR (NYSE: GSK) opened at $36.50, up $0.13 from a prior closing price of $36.37. However, the script later moved the day high at 36.55, up 0.14%. The company’s stock has a 5-day price change of 0.25% and -0.92% over the past three months. GSK shares are trading 3.64% year to date (YTD), with the 12-month market performance up to 1.25% higher. It has a 12-month low price of $33.20 and touched a high of $38.32 over the same period. GSK has an average intraday trading volume of 3.48 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.38%, 2.05%, and 2.51% respectively.

Institutional ownership of GSK Plc ADR (NYSE: GSK) shares accounts for 14.18% of the company’s 2.04B shares outstanding.

It has a market capitalization of $74.23B and a beta (3y monthly) value of 0.64. The stock’s trailing 12-month PE ratio is 10.01, while the earnings-per-share (ttm) stands at $3.64. The company has a PEG of 2.09 and a Quick Ratio of 0.70 with the debt-to-equity ratio at 1.59. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.75% over the week and 0.92% over the month.

Analysts forecast that GSK Plc ADR (GSK) will achieve an EPS of $0.75 for the current quarter, $0 for the next quarter and $3.94 for 2024. The lowest estimate earnings-per-share for the quarter is $0.75 while analysts give the company a high EPS estimate of $0.75. Comparatively, EPS for the current quarter was $0.6 a year ago. Earnings per share for the fiscal year are expected to increase by 10.11%, and 0.45% over the next financial year. EPS should shrink at an annualized rate of 4.80% over the next five years, compared to 55.37% over the past 5-year period.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 21 brokerage firm advisors rate GSK Plc ADR (GSK) as a “Moderate Buy” at a consensus score of 2.48. Specifically, 8 Wall Street analysts polled rate the stock as a buy, while 10 of the 21 advise that investors “hold,” and 2 rated it as a “Sell.”

Most Popular

Related Posts