Lilly(Eli) & Co (NYSE: LLY) is 59.81% higher on its value in year-to-date trading and has touched a low of $516.57 and a high of $966.10 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 $931.68 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $931.58, the stock is 11.05% and 6.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.06 million and changing -0.01% at the moment leaves the stock 26.36% off its SMA200. LLY registered 70.43% gain for a year compared to 6-month gain of 23.01%.
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The stock witnessed a 2.87% loss in the last 1 month and extending the period to 3 months gives it a 18.37%, and is 10.21% 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 3.23% over the week and 3.80% over the month.
Lilly(Eli) & Co (LLY) has around 43000 employees, a market worth around $885.40B and $38.92B in sales. Current P/E ratio is 116.37 and Fwd P/E is 42.04. Profit margin for the company is 18.86%. Distance from 52-week low is 80.34% and -3.57% from its 52-week high. The company has generated returns on investments over the last 12 months (19.69%).
Lilly(Eli) & Co quarterly earnings per share for the current quarter are estimated at 4.47 with sales reaching $12.19B over the same period.The EPS is expected to grow by 154.09% this year, but quarterly earnings will post 35.00% year-over-year. Quarterly sales are estimated to grow 28.30% in year-over-year returns.
4471.0 institutions hold shares in Lilly(Eli) & Co (LLY), with institutional investors hold 83.47% of the company’s shares. The shares outstanding are 949.38M, and float is at 851.50M with Short Float at 0.64%. Institutions hold 83.34% of the Float.
The top institutional shareholder in the company is LILLY ENDOWMENT INC with over 98.9 million shares valued at $$76.94 billion. The investor’s holdings represent 10.979 of the LLY Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 72.75 million shares valued at $$56.59 billion to account for 8.0756 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 65.27 million shares representing 7.2463 and valued at over $$50.78 billion, while PNC FINANCIAL SERVICES GROUP, INC. holds 5.7103 of the shares totaling 51.44 million with a market value of $$40.02 billion.
Lilly(Eli) & Co (LLY) Insider Activity
The most recent transaction is an insider sale by LILLY ENDOWMENT INC, the company’s 10% Owner. SEC filings show that LILLY ENDOWMENT INC sold 210,000 shares of the company’s common stock on Jul 10 ’24 at a price of $939.82 per share for a total of $197.36 million. Following the sale, the insider now owns 96.94 million shares.
Lilly(Eli) & Co disclosed in a document filed with the SEC on Jul 08 ’24 that LILLY ENDOWMENT INC (10% Owner) sold a total of 93,593 shares of the company’s common stock. The trade occurred on Jul 08 ’24 and was made at $918.64 per share for $85.98 million. Following the transaction, the insider now directly holds 97.15 million shares of the LLY stock.
Still, SEC filings show that on Jul 05 ’24, LILLY ENDOWMENT INC (10% Owner) disposed off 52,369 shares at an average price of $915.18 for $47.93 million. The insider now directly holds 97,247,403 shares of Lilly(Eli) & Co (LLY).
