What is the best trade option for Lilly(Eli) & Co (LLY) stock?

A share price of Lilly(Eli) & Co [LLY] is currently trading at $956.53, down -0.36%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LLY shares have gain 0.63% over the last week, with a monthly amount glided 18.90%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Lilly(Eli) & Co [NYSE: LLY] stock has seen the most recent analyst activity on August 12, 2024, when Deutsche Bank upgraded its rating to a Buy but kept the price target unchanged to $1025 for it. Previously, DZ Bank downgraded its rating to Hold on February 21, 2024, and kept the price target unchanged to $820. On February 16, 2024, Morgan Stanley reiterated its Overweight rating and revised its price target to $950 on the stock. Daiwa Securities downgraded its rating to a Outperform and decreased its price target to $610 on December 21, 2023. Deutsche Bank initiated its recommendation with a Hold and recommended $535 as its price target on November 09, 2023. In a note dated August 09, 2023, Jefferies upgraded an Buy rating on this stock and boosted its target price from $408 to $615.

Lilly(Eli) & Co experienced fluctuations in its stock price throughout the past year between $516.57 and $972.53. Currently, Wall Street analysts expect the stock to reach $734.4 within the next 12 months. Lilly(Eli) & Co [NYSE: LLY] shares were valued at $956.53 at the most recent close of the market. An investor can expect a potential drop of -23.22% based on the average LLY price forecast.

Analyzing the LLY fundamentals

Trailing Twelve Months sales for Lilly(Eli) & Co [NYSE:LLY] were 38.92B which represents 35.98% growth. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.61 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.13.

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 948.86 points at the first support level, and at 941.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 966.93, and for the 2nd resistance point, it is at 977.32.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Lilly(Eli) & Co [NYSE:LLY] is 1.11. Further, the Quick Ratio stands at 0.87, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 23.36, the price to book ratio is 67.06 and price to earnings (TTM) ratio is 119.48.

Transactions by insiders

Recent insider trading involved LILLY ENDOWMENT INC, 10% Owner, that happened on Aug 27 ’24 when 24552.0 shares were sold. Officer, Zakrowski Donald A completed a deal on Aug 26 ’24 to buy 750.0 shares. Meanwhile, SVP, Finance, & CAO Zakrowski Donald A sold 750.0 shares on Aug 26 ’24.

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