For Endo International plc [ENDP], Analyst sees a rise to $3. What next?

Endo International plc [NASDAQ: ENDP] loss -10.63% on the last trading session, reaching $7.06 price per share at the time. The company report on January 5, 2021 that Endo Announces Licensing Agreement for Paladin Labs Inc. to Commercialize Abaloparatide in Canada.

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Endo International plc (NASDAQ: ENDP) announced that its subsidiary Endo Ventures Limited has entered into definitive agreements with Radius Health, Inc. (NASDAQ: RDUS) to register, commercialize and distribute abaloparatide on an exclusive basis in Canada. Paladin Labs Inc., an operating company of Endo, will be responsible for all commercial activities related to abaloparatide. Under the agreement, Endo obtained the rights to abaloparatide-subcutaneous injection (abaloparatide-SC) and abaloparatide-transdermal patch (abaloparatide-TD), a novel formulation and route of administration currently undergoing clinical development.

Abaloparatide is a parathyroid hormone-related protein (PTHrP) analog under investigation for osteoporosis; it is not approved in Canada. Abaloparatide is an anabolic (bone-forming) agent self-administered once daily. Paladin plans to file a New Drug Submission (NDS) with Health Canada for abaloparatide-SC by the first quarter of 2022.

Endo International plc represents 230.04 million in outstanding shares, while the company has a total market value of $1.82 billion with the latest information. ENDP stock price has been found in the range of $6.62 to $8.04.

If compared to the average trading volume of 4.82M shares, ENDP reached a trading volume of 10666534 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Endo International plc [ENDP]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ENDP shares is $6.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ENDP stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Endo International plc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on July 27, 2020. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on April 24, 2020, representing the official price target for Endo International plc stock. Previously, the target price had yet another raise from $5 to $7, while Piper Jaffray kept a Overweight rating on ENDP stock.

The Average True Range (ATR) for Endo International plc is set at 0.50, with the Price to Sales ratio for ENDP stock in the period of the last 12 months amounting to 0.63. Price to Free Cash Flow for ENDP in the course of the last twelve months was 9.11 with Quick ratio for the last quarter at 1.90.

Trading performance analysis for ENDP stock

Endo International plc [ENDP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.67. With this latest performance, ENDP shares gained by 31.72% in over the last four-week period, additionally plugging by 105.23% over the last 6 months – not to mention a rise of 60.09% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ENDP stock in for the last two-week period is set at 60.71, with the RSI for the last a single of trading hit 56.53, and the three-weeks RSI is set at 62.02 for Endo International plc [ENDP]. The present Moving Average for the last 50 days of trading for this stock 5.59, while it was recorded at 7.63 for the last single week of trading, and 4.17 for the last 200 days.

Endo International plc [ENDP]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Endo International plc [ENDP] shares currently have an operating margin of +19.97 and a Gross Margin at +46.15. Endo International plc’s Net Margin is presently recorded at -12.37.

Return on Total Capital for ENDP is now 7.56, given the latest momentum, and Return on Invested Capital for the company is -4.71. Additionally, ENDP Total Debt to Total Capital is recorded at 111.37, with Total Debt to Total Assets ending up at 90.42.

Reflecting on the efficiency of the workforce at the company, Endo International plc [ENDP] managed to generate an average of -$113,677 per employee. Receivables Turnover for the company is 5.68 with a Total Asset Turnover recorded at a value of 0.30.Endo International plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.20.

Endo International plc [ENDP]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Endo International plc posted 0.74/share EPS, while the average EPS was predicted by analysts to be reported at 0.57/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 29.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ENDP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Endo International plc go to -12.37%.

An analysis of insider ownership at Endo International plc [ENDP]

There are presently around $1,303 million, or 82.50% of ENDP stock, in the hands of institutional investors. The top three institutional holders of ENDP stocks are: BLACKROCK INC. with ownership of 35,989,185, which is approximately 3.439% of the company’s market cap and around 1.00% of the total institutional ownership; VANGUARD GROUP INC, holding 25,235,578 shares of the stock with an approximate value of $178.16 million in ENDP stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $128.87 million in ENDP stock with ownership of nearly 7.07% of the company’s market capitalization.

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Positions in Endo International plc stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 86 institutional holders increased their position in Endo International plc [NASDAQ:ENDP] by around 21,144,192 shares. Additionally, 90 investors decreased positions by around 21,551,969 shares, while 41 investors held positions by with 141,803,789 shares. The mentioned changes placed institutional holdings at 184,499,950 shares, according to the latest SEC report filing. ENDP stock had 23 new institutional investments in for a total of 5,033,270 shares, while 35 institutional investors sold positions of 2,585,449 shares during the same period.

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