Lilly(Eli) & Co (NYSE: LLY) is -3.84% lower on its value in year-to-date trading and has touched a low of $612.70 and a high of $972.53 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 LLY stock was last observed hovering at around $725.72 in the last trading session, with the day’s gains setting it 16.63%.
Currently trading at $742.35, the stock is -3.85% and -4.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.1 million and changing 2.29% at the moment leaves the stock -11.53% off its SMA200. LLY registered 19.09% gain for a year compared to 6-month loss of -13.43%. The firm has a 50-day simple moving average (SMA 50) of $782.596 and a 200-day simple moving average (SMA200) of $839.2994.
The stock witnessed a -4.66% gain in the last 1 month and extending the period to 3 months gives it a -19.06%, and is -6.91% 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 3.85% over the week and 2.72% over the month.
Lilly(Eli) & Co (LLY) has around 43000 employees, a market worth around $704.72B and $40.86B in sales. Current P/E ratio is 81.21 and Fwd P/E is 32.93. Profit margin for the company is 20.48%. Distance from 52-week low is 21.16% and -23.67% from its 52-week high. The company has generated returns on investments over the last 12 months (19.34%).
with sales reaching $13.72B over the same period.The EPS is expected to grow by 105.88% this year, but quarterly earnings will post 32.66% year-over-year. Quarterly sales are estimated to grow 46.68% in year-over-year returns.
Lilly(Eli) & Co (LLY) Top Institutional Holders
4645.0 institutions hold shares in Lilly(Eli) & Co (LLY), with institutional investors hold 83.60% of the company’s shares. The shares outstanding are 950.22M, and float is at 850.66M with Short Float at 0.72%. Institutions hold 83.47% of the Float.
The top institutional shareholder in the company is LILLY ENDOWMENT INC with over 97.37 million shares valued at $88.15 billion. The investor’s holdings represent 10.809% of the LLY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 73.86 million shares valued at $66.87 billion to account for 8.1993 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 65.86 million shares representing 7.3109% and valued at over $59.62 billion, while PNC FINANCIAL SERVICES GROUP, INC. holds 5.7066 of the shares totaling 51.4 million with a market value of $46.54 billion.
Lilly(Eli) & Co (LLY) Insider Activity
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Lilly(Eli) & Co disclosed in a document filed with the SEC on Nov 08 ’24 that Zakrowski Donald A (SVP, Finance, & CAO) sold a total of 900 shares of the company’s common stock. The trade occurred on Nov 08 ’24 and was made at $803.38 per share for $0.72 million. Following the transaction, the insider now directly holds 5480.0 shares of the LLY stock.
Still, SEC filings show that on Sep 03 ’24, LILLY ENDOWMENT INC (10% Owner) disposed off 24,084 shares at an average price of $966.69 for $23.28 million. The insider now directly holds 96,891,978 shares of Lilly(Eli) & Co (LLY).
