The stock of Lilly(Eli) & Co (NYSE: LLY) has decreased by -1.93 when compared to last closing price of 929.51. Despite this, the company has experienced a -0.24% fall in its stock price over the last five trading sessions. cnbc.com reported 2024-10-15 that The U.K. is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with weight-loss treatment giant, Eli Lilly. The U.S. pharmaceutical company and creator of blockbuster obesity injection Zepbound announced Monday that it would commit £279 million ($364 million) to help tackle Britain’s significant health challenges.
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 113.86x 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.”
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The public float for LLY is 851.72M, and currently, shorts hold a 0.68% of that float. The average trading volume for LLY on October 15, 2024 was 3.15M shares.
LLY’s Market Performance
LLY’s stock has seen a -0.24% decrease for the week, with a -1.30% drop in the past month and a 0.66% gain in the past quarter. The volatility ratio for the week is 1.71%, and the volatility levels for the past 30 days are at 1.83% for Lilly(Eli) & Co The simple moving average for the last 20 days is 0.47% for LLY stock, with a simple moving average of 12.61% for the last 200 days.
Analysts’ Opinion of LLY
Many brokerage firms have already submitted their reports for LLY stocks, with Citigroup repeating the rating for LLY by listing it as a “Buy.” The predicted price for LLY in the upcoming period, according to Citigroup is $1060 based on the research report published on September 13, 2024 of the current year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see LLY reach a price target of $1025. The rating they have provided for LLY stocks is “Buy” according to the report published on August 12th, 2024.
DZ Bank gave a rating of “Hold” to LLY, setting the target price at $820 in the report published on February 21st of the current year.
LLY Trading at -0.16% 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 -6.27% of loss for the given period.
Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares surge +0.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.53% upper at present.
During the last 5 trading sessions, LLY fell by -0.28%, which changed the moving average for the period of 200-days by +56.87% in comparison to the 20-day moving average, which settled at $907.28. In addition, Lilly(Eli) & Co saw 56.37% 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 24,084 shares at the price of $966.69 back on Sep 03 ’24. After this action, LILLY ENDOWMENT INC now owns 96,891,978 shares of Lilly(Eli) & Co, valued at $23,281,840 using the latest closing price.
LILLY ENDOWMENT INC, the 10% Owner of Lilly(Eli) & Co, sale 24,552 shares at $968.46 during a trade that took place back on Aug 27 ’24, which means that LILLY ENDOWMENT INC is holding 96,916,062 shares at $23,777,668 based on the most recent closing price.
Stock Fundamentals for LLY
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.81 for the gross margin
The net margin for Lilly(Eli) & Co stands at 0.19. The total capital return value is set at 0.23. Equity return is now at value 59.63, with 11.59 for asset returns.
Based on Lilly(Eli) & Co (LLY), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 2.13. The interest coverage ratio of the stock is 19.51.
Currently, EBITDA for the company is 12.46 billion with net debt to EBITDA at 1.43. When we switch over and look at the enterprise to sales, we see a ratio of 22.98. The receivables turnover for the company is 2.98for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.
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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
