Teva- Pharmaceutical Industries Ltd. ADR (NYSE: TEVA) is -4.81% lower on its value in year-to-date trading and has touched a low of $10.83 and a high of $22.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TEVA stock was last observed hovering at around $20.44 in the last trading session, with the day’s gains setting it 0.54%.
Currently trading at $20.98, the stock is -0.55% and 11.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.81 million and changing 2.64% at the moment leaves the stock 22.05% off its SMA200. TEVA registered 84.04% gain for a year compared to 6-month gain of 22.83%. The firm has a 50-day simple moving average (SMA 50) of $18.7596 and a 200-day simple moving average (SMA200) of $17.1571.
The stock witnessed a 20.23% loss in the last 1 month and extending the period to 3 months gives it a 21.62%, and is -0.43% down 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 2.87% over the week and 3.71% over the month.
Teva- Pharmaceutical Industries Ltd. ADR (TEVA) has around 37226 employees, a market worth around $23.80B and $16.81B in sales. Fwd P/E is 7.47. Profit margin for the company is -5.72%. Distance from 52-week low is 93.72% and -7.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.22%).
with sales reaching $4.12B over the same period.The EPS is expected to shrink by -3.17% this year, but quarterly earnings will post 3.66% year-over-year. Quarterly sales are estimated to shrink -7.52% in year-over-year returns.
Teva- Pharmaceutical Industries Ltd. ADR (TEVA) Top Institutional Holders
741.0 institutions hold shares in Teva- Pharmaceutical Industries Ltd. ADR (TEVA), with institutional investors hold 58.18% of the company’s shares. The shares outstanding are 1.13B, and float is at 1.13B with Short Float at 2.39%. Institutions hold 58.18% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 42.99 million shares valued at $698.55 million. The investor’s holdings represent 3.8279% of the TEVA Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 41.98 million shares valued at $682.15 million to account for 3.7381 of the shares outstanding. The other top investors are ION ASSET MANAGEMENT LTD. which holds 36.33 million shares representing 3.2351% and valued at over $590.36 million, while CLAL INSURANCE ENTERPRISES HOLDINGS LTD holds 2.8797 of the shares totaling 32.34 million with a market value of $525.67 million.
Teva- Pharmaceutical Industries Ltd. ADR (TEVA) Insider Activity
The most recent transaction is an insider sale by MIGNONE ROBERTO, the company’s Director. SEC filings show that MIGNONE ROBERTO sold 286,000 shares of the company’s common stock on Dec 20 ’24 at a price of $22.01 per share for a total of $6.29 million. Following the sale, the insider now owns 0.69 million shares.
Still, SEC filings show that on Nov 20 ’24, Fox Christine (EVP, Head of U.S. Commercial) disposed off 19,388 shares at an average price of $16.87 for $0.33 million. The insider now directly holds 44,104 shares of Teva- Pharmaceutical Industries Ltd. ADR (TEVA).
