On Friday, Alkermes plc (NASDAQ: ALKS) was -0.87% drop from the session before settling in for the closing price of $29.97. A 52-week range for ALKS has been $22.90 – $32.88.
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Annual sales at Healthcare sector company grew by 10.61% over the past five years. When this article was written, the company’s average yearly earnings per share was at 82.21%. With a float of $158.79 million, this company’s outstanding shares have now reached $161.78 million.
Let’s look at the performance matrix of the company that is accounted for 2100 employees. In terms of profitability, gross margin is 82.31%, operating margin of 20.77%, and the pretax margin is 22.07%.
Alkermes plc (ALKS) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Alkermes plc stocks. The insider ownership of Alkermes plc is 1.86%, while institutional ownership is 111.02%. The most recent insider transaction that took place on Dec 09 ’24, was worth 1,961,406. In this transaction EVP R&D, Chief Medical Officer of this company sold 61,151 shares at a rate of $32.07, taking the stock ownership to the 47,576 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Director sold 2,691 for $31.85, making the entire transaction worth $85,708. This insider now owns 23,013 shares in total.
Alkermes plc (ALKS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 82.21% per share during the next fiscal year.
Alkermes plc (NASDAQ: ALKS) Trading Performance Indicators
You can see what Alkermes plc (ALKS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.17. Likewise, its price to free cash flow for the trailing twelve months is 15.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.96, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 1.78 in one year’s time.
Technical Analysis of Alkermes plc (ALKS)
Alkermes plc (NASDAQ: ALKS) saw its 5-day average volume 2.74 million, a positive change from its year-to-date volume of 1.82 million. As of the previous 9 days, the stock’s Stochastic %D was 12.52%. Additionally, its Average True Range was 0.88.
During the past 100 days, Alkermes plc’s (ALKS) raw stochastic average was set at 61.54%, which indicates a significant increase from 20.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.88% in the past 14 days, which was lower than the 34.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.80, while its 200-day Moving Average is $26.67. Nevertheless, the first resistance level for the watch stands at $30.21 in the near term. At $30.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.05. If the price goes on to break the first support level at $29.37, it is likely to go to the next support level at $29.03. The third support level lies at $28.53 if the price breaches the second support level.
Alkermes plc (NASDAQ: ALKS) Key Stats
There are 161,803K outstanding shares of the company, which has a market capitalization of 4.77 billion. As of now, sales total 1,663 M while income totals 355,760 K. Its latest quarter income was 378,140 K while its last quarter net income were 92,380 K.
