Lilly(Eli) & Co (LLY) shares projected to rise by -43.52%

A share price of Lilly(Eli) & Co [LLY] is currently trading at $746.74, down -0.54%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LLY shares have lost -1.39% over the last week, with a monthly amount drifted -0.99%, and not seem to be holding up well over a long-time horizon.

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

From an analyst’s perspective:

Lilly(Eli) & Co [NYSE: LLY] stock has seen the most recent analyst activity on February 21, 2024, when DZ Bank downgraded its rating to a Hold but kept the price target unchanged to $820 for it. Previously, Morgan Stanley reaffirmed its Overweight rating on February 16, 2024, and elevated its price target to $950. On December 21, 2023, downgrade downgraded it’s rating to Outperform and revised its price target to $610 on the stock. Deutsche Bank started tracking the stock assigning a Hold rating and suggested a price target of $535 on November 09, 2023. Jefferies upgraded its rating to Buy for this stock on August 09, 2023, and upped its price target to $615. In a note dated July 26, 2023, Citigroup reiterated an Buy rating on this stock and boosted its target price from $360 to $525.

Lilly(Eli) & Co experienced fluctuations in its stock price throughout the past year between $367.35 and $800.78. Currently, Wall Street analysts expect the stock to reach $421.78 within the next 12 months. Lilly(Eli) & Co [NYSE: LLY] shares were valued at $746.74 at the most recent close of the market. An investor can expect a potential drop of -43.52% based on the average LLY price forecast.

Analyzing the LLY fundamentals

Trailing Twelve Months sales for Lilly(Eli) & Co [NYSE:LLY] were 34.12B which represents 28.10% growth. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.47 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.34.

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 742.11 points at the first support level, and at 737.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 752.25, and for the 2nd resistance point, it is at 757.77.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Lilly(Eli) & Co [NYSE:LLY] is 0.94. Also, the Quick Ratio is 0.73, while the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 20.81, the price to book ratio is 65.81 and price to earnings (TTM) ratio is 131.36.

Transactions by insiders

Recent insider trading involved Zakrowski Donald A, SVP, Finance, & CAO, that happened on Mar 11 ’24 when 750.0 shares were sold. 10% Owner, LILLY ENDOWMENT INC completed a deal on Feb 16 ’24 to sell 0.17 million shares. Meanwhile, 10% Owner LILLY ENDOWMENT INC sold 50316.0 shares on Feb 15 ’24.

Related Posts