On Monday, Neurocrine Biosciences, Inc (NASDAQ: NBIX) opened higher 5.01% from the last session, before settling in for the closing price of $126.70. Price fluctuations for NBIX have ranged from $110.95 to $157.98 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 34.77% annually for the last half of the decade. Company’s average yearly earnings per share was noted 73.52% at the time writing. With a float of $98.54 million, this company’s outstanding shares have now reached $101.20 million.
In an organization with 1400 employees, it is important to assess its efficiency. 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) Insider Updates
A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. The insider ownership of Neurocrine Biosciences, Inc is 2.68%, while institutional ownership is 91.85%. The most recent insider transaction that took place on Nov 29 ’24, was worth 294,373. In this transaction Chief Scientific Officer of this company sold 2,331 shares at a rate of $126.29, taking the stock ownership to the 15,449 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Officer proposed sale 2,331 for $126.59, making the entire transaction worth $295,081.
Neurocrine Biosciences, Inc (NBIX) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 73.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 59.00% 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
Check out the current performance indicators for Neurocrine Biosciences, Inc (NBIX). In the past quarter, the stock posted a quick ratio of 4.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.00. Likewise, its price to free cash flow for the trailing twelve months is 30.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.73, a number that is poised to hit 1.62 in the next quarter and is forecasted to reach 6.51 in one year’s time.
Technical Analysis of Neurocrine Biosciences, Inc (NBIX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.9 million. That was better than the volume of 0.87 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.64%. Additionally, its Average True Range was 3.06.
During the past 100 days, Neurocrine Biosciences, Inc’s (NBIX) raw stochastic average was set at 46.99%, which indicates a significant decrease from 83.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.25% in the past 14 days, which was lower than the 44.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $121.88, while its 200-day Moving Average is $132.97. However, in the short run, Neurocrine Biosciences, Inc’s stock first resistance to watch stands at $136.13. Second resistance stands at $139.20. The third major resistance level sits at $143.59. If the price goes on to break the first support level at $128.66, it is likely to go to the next support level at $124.27. Assuming the price breaks the second support level, the third support level stands at $121.20.
Neurocrine Biosciences, Inc (NASDAQ: NBIX) Key Stats
There are currently 101,247K shares outstanding in the company with a market cap of 13.46 billion. Presently, the company’s annual sales total 1,887 M according to its annual income of 249,700 K. Last quarter, the company’s sales amounted to 622,100 K and its income totaled 129,800 K.
