Eli Lilly and Company (NYSE:LLY) shares fell to a low of $194.92 before closing at $196.21. Intraday shares traded counted 1.82 million, which was 47.0% higher than its 30-day average trading volume of 3.44M. LLY’s previous close was $194.94 while the outstanding shares total 908.80M. The firm has a beta of 0.23, a 12-month trailing P/E ratio of 29.39, and a growth ratio of 2.38. The stock’s Relative Strength Index (RSI) is 63.06, with weekly volatility at 1.60% and ATR at 3.37. The LLY stock’s 52-week price range has touched low of $129.21 and a $218.00 high. The stock traded higher over the last trading session, gaining 0.65% on 05/14/21.
Investors have identified the Drug Manufacturers – General company Eli Lilly and Company as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $186.95 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Eli Lilly and Company (LLY) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For LLY, the company has in raw cash 3.0 billion on their books with 4.9 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 16.6 billion total, with 11.71 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 8.44 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on LLY sounds very interesting.
Is the stock of LLY attractive?
In related news, Director, TAI JACKSON P bought 1,366 shares of the company’s stock in a transaction that recorded on Apr 30. The purchase was performed at an average price of 182.84, for a total value of 249,759. As the purchase deal closes, the Chief Accounting Officer, Zakrowski Donald A now sold 3,000 shares of the company’s stock, valued at 544,140. Also, 10% Owner, LILLY ENDOWMENT INC sold 59,959 shares of the company’s stock in a deal that was recorded on Mar 09. The shares were cost at an average price of 209.79 per share, with a total market value of 12,579,032. Following this completion of disposal, the 10% Owner, LILLY ENDOWMENT INC now holds 125,284 shares of the company’s stock, valued at 26,271,092. In the last 6 months, insiders have changed their ownership in shares of company stock by 11.70%.
13 out of 21 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on Eli Lilly and Company. 0 analysts has assigned a Sell rating on the LLY stock. The 12-month mean consensus price target for the company’s shares has been set at $212.36.