Incyte Corp (NASDAQ: INCY) is -1.16% lower on its value in year-to-date trading and has touched a low of $53.56 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 $68.81 in the last trading session, with the day’s loss setting it -0.54%.
Currently trading at $68.27, the stock is 1.53% and 8.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.74 million and changing -0.78% at the moment leaves the stock 0.79% off its SMA200. INCY registered 9.92% gain for a year compared to 6-month loss of -0.41%.
The stock witnessed a 6.99% gain in the last 1 month and extending the period to 3 months gives it a 13.14%, and is -0.84% 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 3.72% over the week and 1.91% over the month.
Incyte Corp (INCY) has around 2617 employees, a market worth around $13.22B and $4.41B in sales. Current P/E ratio is 211.23 and Fwd P/E is 10.16. Profit margin for the company is 0.48%. Distance from 52-week low is 27.46% and -18.68% from its 52-week high. The company has generated returns on investments over the last 12 months (0.57%).
The EPS is expected to grow by 426.70% this year
The shares outstanding are 193.78M, and float is at 190.87M with Short Float at 4.42%.
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 9.339 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 Denton Sheila A., the company’s EVP & General Counsel. SEC filings show that Denton Sheila A. sold 1,795 shares of the company’s common stock on Jun 03 ’25 at a price of $68.00 per share for a total of $0.12 million. Following the sale, the insider now owns 26504.0 shares.
Still, SEC filings show that on May 30 ’25, Tray Thomas (Principal Accounting Officer) disposed off 963 shares at an average price of $65.71 for $63279.0. The insider now directly holds 22,654 shares of Incyte Corp (INCY).
