On Friday, Biogen Inc (NASDAQ: BIIB) was 0.50% up from the session before settling in for the closing price of $159.83. A 52-week range for BIIB has been $153.62 – $268.30.
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Healthcare Sector giant saw their annual sales slid by -4.53% over the last five years. When this article was written, the company’s average yearly earnings per share was at 11.49%. With a float of $144.68 million, this company’s outstanding shares have now reached $144.90 million.
The firm has a total of 7570 workers. Let’s measure their productivity. In terms of profitability, gross margin is 71.81%, operating margin of 21.11%, and the pretax margin is 20.27%.
Biogen Inc (BIIB) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Biogen Inc stocks. The insider ownership of Biogen Inc is 0.71%, while institutional ownership is 89.29%. The most recent insider transaction that took place on Sep 03 ’24, was worth 88,019. In this transaction Head of Development of this company sold 431 shares at a rate of $204.22, taking the stock ownership to the 5,316 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Officer proposed sale 431 for $204.22, making the entire transaction worth $88,019.
Biogen Inc (BIIB) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 2.95 earnings per share (EPS) during the time that was less than consensus figure (set at 3.18) by -0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.96 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.43% during the next five years compared to -18.05% drop over the previous five years of trading.
Biogen Inc (NASDAQ: BIIB) Trading Performance Indicators
You can see what Biogen Inc (BIIB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.55. Likewise, its price to free cash flow for the trailing twelve months is 12.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.07, a number that is poised to hit 3.43 in the next quarter and is forecasted to reach 16.77 in one year’s time.
Technical Analysis of Biogen Inc (BIIB)
Analysing the last 5-days average volume posted by the [Biogen Inc, BIIB], we can find that recorded value of 1.53 million was better than the volume posted last year of 1.19 million. As of the previous 9 days, the stock’s Stochastic %D was 61.57%. Additionally, its Average True Range was 4.10.
During the past 100 days, Biogen Inc’s (BIIB) raw stochastic average was set at 8.31%, which indicates a significant decrease from 31.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.43% in the past 14 days, which was lower than the 24.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $178.64, while its 200-day Moving Average is $206.33. Now, the first resistance to watch is $162.05. This is followed by the second major resistance level at $163.48. The third major resistance level sits at $165.28. If the price goes on to break the first support level at $158.82, it is likely to go to the next support level at $157.02. Should the price break the second support level, the third support level stands at $155.59.
Biogen Inc (NASDAQ: BIIB) Key Stats
There are 145,719K outstanding shares of the company, which has a market capitalization of 23.52 billion. As of now, sales total 9,836 M while income totals 1,161 M. Its latest quarter income was 2,466 M while its last quarter net income were 388,500 K.
