Gains May Be On The Menu For Astrazeneca plc ADR (NASDAQ: AZN)

Currently, there are 3.10B common shares owned by the public and among those 3.10B shares have been available to trade.

The company’s stock has a 5-day price change of 1.73% and 4.61% over the past three months. AZN shares are trading 17.67% year to date (YTD), with the 12-month market performance up to 14.19% higher. It has a 12-month low price of $60.47 and touched a high of $82.01 over the same period. AZN has an average intraday trading volume of 4.01 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 0.49%, 0.67%, and 12.99% respectively.

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

Institutional ownership of Astrazeneca plc ADR (NASDAQ: AZN) shares accounts for 16.05% of the company’s 3.10B shares outstanding.

It has a market capitalization of $245.72B and a beta (3y monthly) value of 0.46. The stock’s trailing 12-month PE ratio is 38.40, while the earnings-per-share (ttm) stands at $2.06. The company has a PEG of 2.93 and a Quick Ratio of 0.69 with the debt-to-equity ratio at 0.85. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.75% over the week and 1.54% over the month.

Analysts forecast that Astrazeneca plc ADR (AZN) will achieve an EPS of 1.04 for the current quarter, 0.98 for the next quarter and 4.61 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.99 while analysts give the company a high EPS estimate of 0.99. Comparatively, EPS for the current quarter was 0.87 a year ago. Earnings per share for the fiscal year are expected to increase by 13.17%, and 15.46% over the next financial year. EPS should shrink at an annualized rate of 13.10% over the next five years, compared to 17.72% over the past 5-year period.

Looking at the support for the AZN, a number of firms have released research notes about the stock. Goldman stated their Buy rating for the stock in a research note on May 30, 2024, with the firm’s price target at $97. Deutsche Bank was of a view on February 08, 2024 that the stock is Sell, while Morgan Stanley gave the stock Overweight rating on January 23, 2024, issuing a price target of $85. UBS on their part issued Sell rating on January 16, 2024.

Most Popular

Related Posts