Incyte Corp (NASDAQ: INCY) is -17.66% lower on its value in year-to-date trading and has touched a low of $50.35 and a high of $83.95 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 INCY stock was last observed hovering at around $55.17 in the last trading session, with the day’s gains setting it 1.7%.
Currently trading at $56.87, the stock is -5.79% and -15.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.07 million and changing 3.08% at the moment leaves the stock -16.02% off its SMA200. INCY registered 3.40% gain for a year compared to 6-month gain of -13.52%. The firm has a 50-day simple moving average (SMA 50) of $66.903 and a 200-day simple moving average (SMA200) of $67.71845.
The stock witnessed a -16.01% loss in the last 1 month and extending the period to 3 months gives it a -19.38%, and is -6.12% 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 7.67% over the week and 4.26% over the month.
Incyte Corp (INCY) has around 2617 employees, a market worth around $11.01B and $4.24B in sales. Current P/E ratio is 209.70 and Fwd P/E is 8.80. Profit margin for the company is 0.77%. Distance from 52-week low is 12.95% and -32.26% from its 52-week high. The company has generated returns on investments over the last 12 months (0.93%).
with sales reaching $993.62M over the same period.The EPS is expected to grow by 413.45% this year, but quarterly earnings will post 9.94% year-over-year. Quarterly sales are estimated to grow 12.80% in year-over-year returns.
Incyte Corp (INCY) Top Institutional Holders
983.0 institutions hold shares in Incyte Corp (INCY), with institutional investors hold 98.79% of the company’s shares. The shares outstanding are 193.43M, and float is at 190.50M with Short Float at 3.77%. Institutions hold 96.74% of the Float.
The top institutional shareholder in the company is BAKER BROS. ADVISORS LP with over 30.74 million shares valued at $1.86 billion. The investor’s holdings represent 14.0889% of the INCY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 21.36 million shares valued at $1.29 billion to account for 9.7886 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 20.38 million shares representing 9.0766% and valued at over $1.24 billion, while DODGE & COX holds 7.0033 of the shares totaling 15.28 million with a market value of $926.23 million.
Incyte Corp (INCY) Insider Activity
The most recent transaction is an insider sale by Flannelly Barry P, the company’s EVP & General Manager US. SEC filings show that Flannelly Barry P sold 19,807 shares of the company’s common stock on Mar 14 ’25 at a price of $67.69 per share for a total of $1.34 million. Following the sale, the insider now owns 33567.0 shares.
Still, SEC filings show that on Mar 04 ’25, Denton Sheila A. (EVP & General Counsel) disposed off 599 shares at an average price of $69.99 for $41924.0. The insider now directly holds 25,848 shares of Incyte Corp (INCY).
