Alkermes plc (ALKS) concluded trading on Thursday at a closing price of $32.56, with 5.47 million shares of worth about $178.1 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.82% during that period and on Thursday the price saw a gain of about 16.33%. Currently the company’s common shares owned by public are about 164.38M shares, out of which, 164.25M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 101 times over the past 12 months. They bought 536,924 shares in 51 of the transactions. In 50 selling transactions, insiders dumped 245,201 shares.
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However, the stock later moved at a day high price of 32.71, or with a gain of 16.33%. Stock saw a price change of 21.63% in past 5 days and over the past one month there was a price change of 17.59%. Year-to-date (YTD), ALKS shares are showing a performance of 17.38% which increased to 26.58% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.46 but also hit the highest price of $31.34 during that period. The average intraday trading volume for Alkermes plc shares is 2.40 million. The stock is currently trading 18.19% above its 20-day simple moving average (SMA20), while that difference is up 18.07% for SMA50 and it goes to 20.88% higher than SMA200.
Alkermes plc (NASDAQ: ALKS) currently have 164.38M outstanding shares and institutions hold larger chunk of about 106.10% of that.
The stock has a current market capitalization of $5.43B and its 3Y-monthly beta is at 0.56. PE ratio of stock for trailing 12 months is 26.38, while it has posted earnings per share of $1.23 in the same period. Its PEG reads 1.06 and has Quick Ratio of 2.53 while making debt-to-equity ratio of 0.28. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALKS, volatility over the week remained 6.24% while standing at 3.18% over the month.
Analysts are in expectations that Alkermes plc (ALKS) stock would likely to be making an EPS of $0.51 in the current quarter, while forecast for next quarter EPS is $0.61 and it is $2.52 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.43 which is $0.6 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.14 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 78.67% while it is estimated to decrease by -1.18% in next year. EPS is likely to grow at an annualized rate of 24.80% for next 5-years, compared to annual growth of 1.24% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on November 20, 2023 offering a Neutral rating for the stock and assigned a target price of $33 to it.
