Lilly(Eli) & Co (LLY) concluded trading on Wednesday at a closing price of $750.77, with 3.07 million shares of worth about $2.3 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.75% during that period and on April 17, 2024 the price saw a gain of about 0.54%. Currently the company’s common shares owned by public are about 949.38M shares, out of which, 849.80M shares are available for trading.
However, the stock later moved at a day high price of 763.50, or with a gain of 0.54%. Stock saw a price change of -1.47% in past 5 days and over the past one month there was a price change of -1.56%. Year-to-date (YTD), LLY shares are showing a performance of 28.79% which increased to 101.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $367.35 but also hit the highest price of $800.78 during that period. The average intraday trading volume for Lilly(Eli) & Co shares is 3.06 million. The stock is currently trading -2.17% below its 20-day simple moving average (SMA20), while that difference is down -1.28% for SMA50 and it goes to 22.80% higher than SMA200.
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Lilly(Eli) & Co (NYSE: LLY) currently have 949.38M outstanding shares and institutions hold larger chunk of about 73.56% of that.
The stock has a current market capitalization of $713.81B and its 3Y-monthly beta is at 0.38. PE ratio of stock for trailing 12 months is 132.07, while it has posted earnings per share of $5.68 in the same period. Its PEG reads 2.61 and has Quick Ratio of 0.73 while making debt-to-equity ratio of 2.34. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LLY, volatility over the week remained 2.19% while standing at 2.27% over the month.
Stock’s fiscal year EPS is expected to rise by 97.74% while it is estimated to increase by 45.28% in next year. EPS is likely to grow at an annualized rate of 50.67% for next 5-years, compared to annual growth of 13.74% 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 DZ Bank on February 21, 2024 offering a Hold rating for the stock and assigned a target price of $820 to it. Coverage by Morgan Stanley stated Lilly(Eli) & Co (LLY) stock as an Overweight in their note to investors on February 16, 2024, suggesting a price target of $950 for the stock. On December 21, 2023, Daiwa Securities Downgrade their recommendations, while on November 09, 2023, Deutsche Bank Initiated their ratings for the stock with a price target of $535. Stock get a Buy rating from UBS on October 20, 2023.
