Lilly(Eli) & Co (NYSE: LLY) is 32.58% higher on its value in year-to-date trading and has touched a low of $323.26 and a high of $800.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LLY stock was last observed hovering at around $772.78 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $772.86, the stock is 1.00% and 8.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.03 million and changing 0.01% at the moment leaves the stock 32.95% off its SMA200. LLY registered 131.67% gain for a year compared to 6-month gain of 34.42%. The firm has a 50-day simple moving average (SMA 50) of $22.17 and a 200-day simple moving average (SMA200) of $88.31.
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The stock witnessed a 2.28% loss in the last 1 month and extending the period to 3 months gives it a 33.31%, and is 1.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.09% over the week and 2.39% over the month.
Lilly(Eli) & Co (LLY) has around 43000 employees, a market worth around $734.81B and $34.12B in sales. Current P/E ratio is 135.95 and Fwd P/E is 42.57. Profit margin for the company is 15.36%. Distance from 52-week low is 139.08% and -3.49% from its 52-week high. The company has generated returns on investments over the last 12 months (18.01%).
Lilly(Eli) & Co quarterly earnings per share for the current quarter are estimated at $2.55 with sales reaching $9.01B over the same period.The EPS is expected to grow by 97.75% this year, but quarterly earnings will post 21.50% year-over-year. Quarterly sales are estimated to grow 29.50% in year-over-year returns.
4,056 institutions hold shares in Lilly(Eli) & Co (LLY), with institutional investors hold 84.53% of the company’s shares. The shares outstanding are 949.38M, and float is at 849.83M with Short Float at 0.64%. Institutions hold 84.39% of the Float.
The top institutional shareholder in the company is Lilly Endowment, Inc with over 99.77 million shares valued at $77.11 billion. The investor’s holdings represent 10.50% of the LLY Shares outstanding. As of Dec 30, 2023, the second largest holder is Vanguard Group Inc with 71.61 million shares valued at $55.35 billion to account for 7.54% of the shares outstanding. The other top investors are Blackrock Inc. which holds 64.37 million shares representing 6.77% and valued at over $49.75 billion, while PNC Financial Services Group, Inc. holds 5.44% of the shares totaling 51.71 million with a market value of $39.96 billion.
Lilly(Eli) & Co (LLY) Insider Activity
The most recent transaction is an insider sale by Zakrowski Donald A, the company’s SVP, Finance, & CAO. SEC filings show that Zakrowski Donald A sold 750 shares of the company’s common stock on Mar 11 ’24 at a price of $753.60 per share for a total of $0.57 million. Following the sale, the insider now owns 7880.0 shares.
Lilly(Eli) & Co disclosed in a document filed with the SEC on Feb 16 ’24 that LILLY ENDOWMENT INC (10% Owner) sold a total of 169,684 shares of the company’s common stock. The trade occurred on Feb 16 ’24 and was made at $780.99 per share for $132.52 million. Following the transaction, the insider now directly holds 98.9 million shares of the LLY stock.
Still, SEC filings show that on Feb 15 ’24, LILLY ENDOWMENT INC (10% Owner) disposed off 50,316 shares at an average price of $760.46 for $38.26 million. The insider now directly holds 99,068,494 shares of Lilly(Eli) & Co (LLY).
