Lilly(Eli) & Co (LLY) stock expected to decline by -4.15%: What’s driving the pessimism?

Lilly(Eli) & Co [LLY] stock prices are down -0.86% to $811.81 at the moment. 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 gain 4.56% over the last week, with a monthly amount drifted -11.11%, and not 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 October 17, 2024, when Bernstein initiated its Outperform rating and assigned the stock a price target of $1100. On August 12, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $1025 on the stock. DZ Bank downgraded its rating to a Hold but stick to its price target of $820 on February 21, 2024. Morgan Stanley reiterated its recommendation of a Overweight and raised its price target to $950 on February 16, 2024. Daiwa Securities downgraded its rating to Outperform for this stock on December 21, 2023, and downed its price target to $610. In a note dated November 09, 2023, Deutsche Bank initiated an Hold rating and provided a target price of $535 on this stock.

The stock price of Lilly(Eli) & Co [LLY] has been fluctuating between $561.65 and $972.53 over the past year. Currently, Wall Street analysts expect the stock to reach $778.1 within the next 12 months. Lilly(Eli) & Co [NYSE: LLY] shares were valued at $811.81 at the most recent close of the market. An investor can expect a potential drop of -4.15% based on the average LLY price forecast.

Analyzing the LLY fundamentals

The Lilly(Eli) & Co [NYSE:LLY] reported sales of 40.86B for trailing twelve months, representing a surge of 20.43%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.65 and Total Capital is 0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.19.

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 805.70 points at the first support level, and at 799.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 823.51, and for the 2nd resistance point, it is at 835.22.

Ratios To Look Out For

It’s worth pointing out that Lilly(Eli) & Co [NYSE:LLY]’s Current Ratio is 1.27. Also, the Quick Ratio is 0.97, while the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 18.86, the price to book ratio is 54.17 and price to earnings (TTM) ratio is 88.80.

Transactions by insiders

Recent insider trading involved Zakrowski Donald A, Officer, that happened on Nov 08 ’24 when 900.0 shares were purchased. SVP, Finance, & CAO, Zakrowski Donald A completed a deal on Nov 08 ’24 to sell 900.0 shares. Meanwhile, 10% Owner LILLY ENDOWMENT INC sold 24084.0 shares on Sep 03 ’24.

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