Astrazeneca plc ADR (NASDAQ: AZN) is -9.56% lower on its value in year-to-date trading and has touched a low of $61.24 and a high of $87.68 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 AZN stock was last observed hovering at around $69.45 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $69.63, the stock is -2.65% and -1.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.42 million and changing 0.26% at the moment leaves the stock -2.11% off its SMA200. AZN registered 6.27% gain for a year compared to 6-month gain of 6.27%. The firm has a 50-day simple moving average (SMA 50) of $70.7338 and a 200-day simple moving average (SMA200) of $71.13195.
The stock witnessed a -4.62% loss in the last 1 month and extending the period to 3 months gives it a -5.80%, and is -0.31% 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 1.74% over the week and 1.43% over the month.
Astrazeneca plc ADR (AZN) has around 94300 employees, a market worth around $215.95B and $54.98B in sales. Current P/E ratio is 27.97 and Fwd P/E is 13.66. Profit margin for the company is 14.14%. Distance from 52-week low is 13.70% and -20.58% from its 52-week high. The company has generated returns on investments over the last 12 months (11.28%).
The EPS is expected to grow by 9.98% this year.
Astrazeneca plc ADR (AZN) Top Institutional Holders
1509.0 institutions hold shares in Astrazeneca plc ADR (AZN), with institutional investors hold 17.08% of the company’s shares. The shares outstanding are 3.10B, and float is at 3.10B with Short Float at 0.24%. Institutions hold 17.08% of the Float.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 64.94 million shares valued at $5.06 billion. The investor’s holdings represent 4.1788% of the AZN Shares outstanding. As of 2024-06-30, the second largest holder is PRIMECAP MANAGEMENT CO/CA/ with 42.6 million shares valued at $3.32 billion to account for 2.7411 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 40.57 million shares representing 2.6106% and valued at over $3.16 billion, while CAPITAL INTERNATIONAL INVESTORS holds 2.3618 of the shares totaling 36.7 million with a market value of $2.86 billion.
