Neurocrine Biosciences, Inc (NBIX) kicked off at the price of $121.53: Venture capitalists have an exciting new opportunity

Neurocrine Biosciences, Inc (NASDAQ: NBIX) kicked off on Tuesday, up 0.83% from the previous trading day, before settling in for the closing price of $120.53. Over the past 52 weeks, NBIX has traded in a range of $103.63-$157.98.

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Healthcare Sector giant saw their annual sales surged by 34.77% over the last five years. While this was happening, its average annual earnings per share was recorded 84.67%. With a float of $99.05 million, this company’s outstanding shares have now reached $101.25 million.

The firm has a total of 1400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 98.0%, operating margin of 26.19%, and the pretax margin is 23.26%.

Neurocrine Biosciences, Inc (NBIX) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Neurocrine Biosciences, Inc is 2.17%, while institutional ownership is 93.51%. The most recent insider transaction that took place on Sep 13 ’24, was worth 421,828. In this transaction Chief Corp. Affairs Officer of this company sold 3,461 shares at a rate of $121.88, taking the stock ownership to the 1,672 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Officer proposed sale 4,756 for $121.28, making the entire transaction worth $576,808.

Neurocrine Biosciences, Inc (NBIX) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.44 earnings per share (EPS), higher than consensus estimate (set at 1.14) by 0.3. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.35 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 84.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 41.00% during the next five years compared to 62.04% growth over the previous five years of trading.

Neurocrine Biosciences, Inc (NASDAQ: NBIX) Trading Performance Indicators

Take a look at Neurocrine Biosciences, Inc’s (NBIX) current performance indicators. Last quarter, stock had a quick ratio of 4.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.49. Likewise, its price to free cash flow for the trailing twelve months is 27.96.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.73, a number that is poised to hit 1.57 in the next quarter and is forecasted to reach 6.43 in one year’s time.

Technical Analysis of Neurocrine Biosciences, Inc (NBIX)

Analysing the last 5-days average volume posted by the [Neurocrine Biosciences, Inc, NBIX], we can find that recorded value of 1.45 million was better than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 43.41%. Additionally, its Average True Range was 3.34.

During the past 100 days, Neurocrine Biosciences, Inc’s (NBIX) raw stochastic average was set at 22.50%, which indicates a significant decrease from 44.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.38% in the past 14 days, which was lower than the 43.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $119.02, while its 200-day Moving Average is $134.47. Now, the first resistance to watch is $122.66. This is followed by the second major resistance level at $123.79. The third major resistance level sits at $125.58. If the price goes on to break the first support level at $119.74, it is likely to go to the next support level at $117.95. Now, if the price goes above the second support level, the third support stands at $116.82.

Neurocrine Biosciences, Inc (NASDAQ: NBIX) Key Stats

The company with the Market Capitalisation of 12.30 billion has total of 101,247K Shares Outstanding. Its annual sales at the moment are 1,887 M in contrast with the sum of 249,700 K annual income. Company’s last quarter sales were recorded 622,100 K and last quarter income was 129,800 K.