Alkermes plc [ALKS] stock prices are saw in change for the day to $28.77 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ALKS shares have gain 5.97% over the last week, with a monthly amount drifted -12.87%, and not 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 March 13, 2025, when RBC Capital Mkts initiated its Sector Perform rating and assigned the stock a price target of $40. Previously, UBS upgraded its rating to Neutral on March 04, 2025, and elevated its price target to $38. On February 11, 2025, Deutsche Bank initiated with a Buy rating and assigned a price target of $40 on the stock. Stifel upgraded its rating to a Buy and increased its price target to $36 on November 05, 2024. TD Cowen initiated its recommendation with a Buy and recommended $34 as its price target on June 17, 2024. Robert W. Baird started tracking with a Outperform rating for this stock on March 19, 2024, and assigned it a price target of $37. In a note dated February 20, 2024, UBS downgraded an Sell rating on this stock but restated the target price of $25.
The stock price of Alkermes plc [ALKS] has been fluctuating between $22.90 and $36.45 over the past year. Currently, Wall Street analysts expect the stock to reach $37.67 within the next 12 months. Alkermes plc [NASDAQ: ALKS] shares were valued at $28.77 at the most recent close of the market. An investor can expect a potential return of 30.94% 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 0.84% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.28 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 28.40 points at the first support level, and at 28.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.06, and for the 2nd resistance point, it is at 29.34.
Ratios To Look Out For
It’s worth pointing out that Alkermes plc [NASDAQ:ALKS]’s Current Ratio is 3.04. On the other hand, the Quick Ratio is 2.65, and the Cash Ratio is 0.63. Considering the valuation of this stock, the price to sales ratio is 3.04, the price to book ratio is 3.18 and price to earnings (TTM) ratio is 13.20.
Transactions by insiders
Recent insider trading involved Parisi Samuel Joseph, VP, Finance (Interim PAO), that happened on Feb 28 ’25 when 1938.0 shares were sold. VP, Finance (Interim PAO), Parisi Samuel Joseph completed a deal on Feb 25 ’25 to sell 3743.0 shares. Meanwhile, VP, Finance (Interim PAO) Parisi Samuel Joseph sold 1327.0 shares on Feb 20 ’25.
