The stock of Lilly(Eli) & Co (LLY) has gone down by -4.15% for the week, with a -15.34% drop in the past month and a 5.35% rise in the past quarter. The volatility ratio for the week is 3.53%, and the volatility levels for the past 30 days are 2.99% for LLY. The simple moving average for the past 20 days is -11.24% for LLY’s stock, with a 6.53% simple moving average for the past 200 days.
Is It Worth Investing in Lilly(Eli) & Co (NYSE: LLY) Right Now?
Lilly(Eli) & Co (NYSE: LLY) has a higher price-to-earnings ratio of 115.95x compared to its average ratio, The 36-month beta value for LLY is at 0.42. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 as “hold,” and 1 as “sell.”
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
The public float for LLY is 851.48M, and currently, shorts hold a 0.74% of that float. The average trading volume for LLY on August 05, 2024 was 2.91M shares.
LLY) stock’s latest price update
Lilly(Eli) & Co (NYSE: LLY)’s stock price has gone decline by -3.75 in comparison to its previous close of 804.46, however, the company has experienced a -4.15% decrease in its stock price over the last five trading days. zacks.com reported 2024-08-05 that Investor focus is likely to be on the sales numbers of Lilly’s (LLY) tirzepatide medicines Mounjaro and Zepbound.
Analysts’ Opinion of LLY
Many brokerage firms have already submitted their reports for LLY stocks, with DZ Bank repeating the rating for LLY by listing it as a “Hold.” The predicted price for LLY in the upcoming period, according to DZ Bank is $820 based on the research report published on February 21, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see LLY reach a price target of $950, previously predicting the price at $805. The rating they have provided for LLY stocks is “Overweight” according to the report published on February 16th, 2024.
Daiwa Securities gave a rating of “Outperform” to LLY, setting the target price at $610 in the report published on December 21st of the previous year.
LLY Trading at -10.70% from the 50-Day Moving Average
After a stumble in the market that brought LLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.86% of loss for the given period.
Volatility was left at 2.99%, however, over the last 30 days, the volatility rate increased by 3.53%, as shares sank -16.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.15% lower at present.
During the last 5 trading sessions, LLY fell by -4.73%, which changed the moving average for the period of 200-days by +26.52% in comparison to the 20-day moving average, which settled at $864.88. In addition, Lilly(Eli) & Co saw 32.83% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LLY starting from LILLY ENDOWMENT INC, who sale 210,000 shares at the price of $939.82 back on Jul 10 ’24. After this action, LILLY ENDOWMENT INC now owns 96,943,810 shares of Lilly(Eli) & Co, valued at $197,361,398 using the latest closing price.
LILLY ENDOWMENT INC, the 10% Owner of Lilly(Eli) & Co, sale 93,593 shares at $918.64 during a trade that took place back on Jul 08 ’24, which means that LILLY ENDOWMENT INC is holding 97,153,810 shares at $85,977,954 based on the most recent closing price.
Stock Fundamentals for LLY
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.81 for the gross margin
The net margin for Lilly(Eli) & Co stands at 0.17. The total capital return value is set at 0.18. Equity return is now at value 51.15, with 10.48 for asset returns.
Based on Lilly(Eli) & Co (LLY), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 2.05. The interest coverage ratio of the stock is 17.51.
Currently, EBITDA for the company is 12.46 billion with net debt to EBITDA at 1.53. When we switch over and look at the enterprise to sales, we see a ratio of 21.14. The receivables turnover for the company is 3.59for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.
Conclusion
In conclusion, Lilly(Eli) & Co (LLY) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
