Astrazeneca plc ADR [AZN] stock is trading at $67.34, up 0.79%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AZN shares have lost -1.35% over the last week, with a monthly amount glided 3.90%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Astrazeneca plc ADR [NASDAQ: AZN] stock has seen the most recent analyst activity on February 08, 2024, when Deutsche Bank downgraded its rating to a Sell. Previously, Morgan Stanley started tracking the stock with Overweight rating on January 23, 2024, and set its price target to $85. Jefferies downgraded its rating to a Hold and decreased its price target to $70 on January 03, 2024. HSBC Securities initiated its recommendation with a Buy and recommended $78 as its price target on December 18, 2023. Jefferies upgraded its rating to Buy for this stock on September 25, 2023, and upped its price target to $80. In a note dated July 14, 2023, HSBC Securities initiated an Buy rating.
Astrazeneca plc ADR [AZN] stock has fluctuated between $60.47 and $76.56 over the past year. Currently, Wall Street analysts expect the stock to reach $80.5 within the next 12 months. Astrazeneca plc ADR [NASDAQ: AZN] shares were valued at $67.34 at the most recent close of the market. An investor can expect a potential return of 19.54% based on the average AZN price forecast.
Analyzing the AZN fundamentals
Astrazeneca plc ADR [NASDAQ:AZN] reported sales of 45.81B for the trailing twelve months, which represents a growth of 7.29%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.16 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 66.76 points at the first support level, and at 66.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.46, and for the 2nd resistance point, it is at 69.57.
Astrazeneca plc ADR [AZN] reported earnings per share of $0.72 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.79/share, meaning a difference of -$0.07 and a surprise factor of -8.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.87 per share as compared to estimates of $0.84 per share, a difference of $0.03 representing a surprise of 3.60%.
Ratios To Look Out For
For context, Astrazeneca plc ADR’s Current Ratio is 0.82. In addition, the Quick Ratio stands at 0.64 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 4.56, the price to book ratio is 5.33 and price to earnings (TTM) ratio is 35.28.
