Alkermes plc [ALKS] stock prices are up 4.82% to $33.50 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 ALKS shares have gain 6.45% over the last week, with a monthly amount glided 18.17%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Alkermes plc [NASDAQ: ALKS] stock has seen the most recent analyst activity on February 11, 2025, when Deutsche Bank initiated its Buy rating and assigned the stock a price target of $40. Previously, Stifel upgraded its rating to Buy on November 05, 2024, and elevated its price target to $36. On June 17, 2024, TD Cowen initiated with a Buy rating and assigned a price target of $34 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $37 on March 19, 2024. UBS downgraded its rating to a Sell but $25 remained the price target by the analyst firm on February 20, 2024. In a note dated October 24, 2023, Evercore ISI upgraded an Outperform rating on this stock.
The stock price of Alkermes plc [ALKS] has been fluctuating between $22.90 and $32.88 over the past year. Currently, Wall Street analysts expect the stock to reach $37.5 within the next 12 months. Alkermes plc [NASDAQ: ALKS] shares were valued at $33.50 at the most recent close of the market. An investor can expect a potential return of 11.94% based on the average ALKS price forecast.
Analyzing the ALKS fundamentals
The Alkermes plc [NASDAQ:ALKS] reported sales of 1.56B for trailing twelve months, representing a surge of 13.91%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.26 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.28.
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 31.98 points at the first support level, and at 30.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.37, and for the 2nd resistance point, it is at 35.25.
Ratios To Look Out For
It’s worth pointing out that Alkermes plc [NASDAQ:ALKS]’s Current Ratio is 3.20. Also, the Quick Ratio is 2.81, while the Cash Ratio stands at 0.87. Considering the valuation of this stock, the price to sales ratio is 3.48, the price to book ratio is 3.71 and price to earnings (TTM) ratio is 15.36.
Transactions by insiders
Recent insider trading involved Hopkinson Craig C., Officer, that happened on Feb 12 ’25 when 0.2 million shares were purchased. EVP R&D, Chief Medical Officer, Hopkinson Craig C. completed a deal on Jan 30 ’25 to sell 0.1 million shares. Meanwhile, Officer Hopkinson Craig C. bought 0.1 million shares on Jan 30 ’25.
