Endo International plc [NASDAQ: ENDP] gained 2.05% or 0.01 points to close at $0.59 with a heavy trading volume of 15850861 shares. The company report on June 3, 2022 that Keurig Dr Pepper, VICI Properties and ON Semiconductor Set to Join S&P 500; Others to Join S&P MidCap 400, and S&P SmallCap 600.
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S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:.
VICI Properties Inc. (NYSE:VICI) will replace Cerner Corp. (NASD: CERN) in the S&P 500 prior to the open of trading on Wednesday, June 8. S&P 500 constituent Oracle Corp. (NYSE:ORCL) is acquiring Cerner in a deal expected to be completed soon.
It opened the trading session at $0.5577, the shares rose to $0.5995 and dropped to $0.5505, the range by which the price of stock traded the whole day. The daily chart for ENDP points out that the company has recorded -88.87% loss over the past six months. However, it is still -73.53% lower than its most recent low trading price.
If we look at the average trading volume of 9.20M shares, ENDP reached to a volume of 15850861 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 $1.33 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 3.60. 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.
Piper Sandler have made an estimate for Endo International plc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on May 06, 2022. While these analysts kept the previous recommendation, Barclays dropped their target price from $5 to $2. The new note on the price target was released on March 02, 2022, representing the official price target for Endo International plc stock. Previously, the target price had yet another drop from $10 to $3, while Piper Sandler kept a Neutral rating on ENDP stock.
The Average True Range (ATR) for Endo International plc is set at 0.15, with the Price to Sales ratio for ENDP stock in the period of the last 12 months amounting to 0.05. Price to Free Cash Flow for ENDP in the course of the last twelve months was 0.48 with Quick ratio for the last quarter at 1.60.
Trading performance analysis for ENDP stock
Endo International plc [ENDP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.76. With this latest performance, ENDP shares dropped by -73.54% in over the last four-week period, additionally sinking by -88.87% over the last 6 months – not to mention a drop of -89.12% 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 29.87, with the RSI for the last a single of trading hit 33.82, and the three-weeks RSI is set at 29.82 for Endo International plc [ENDP]. The present Moving Average for the last 50 days of trading for this stock 1.7199, while it was recorded at 0.5528 for the last single week of trading, and 3.2205 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 +25.45 and a Gross Margin at +59.21. Endo International plc’s Net Margin is presently recorded at -19.01.
Endo International plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.80.
An analysis of insider ownership at Endo International plc [ENDP]
There are presently around $114 million, or 83.50% of ENDP stock, in the hands of institutional investors. The top three institutional holders of ENDP stocks are: BLACKROCK INC. with ownership of 37,704,517, which is approximately 2.38% of the company’s market cap and around 0.50% of the total institutional ownership; VANGUARD GROUP INC, holding 28,377,446 shares of the stock with an approximate value of $16.69 million in ENDP stocks shares; and PAULSON & CO. INC., currently with $10.19 million in ENDP stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Endo International plc stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 91 institutional holders increased their position in Endo International plc [NASDAQ:ENDP] by around 21,641,500 shares. Additionally, 97 investors decreased positions by around 16,418,714 shares, while 44 investors held positions by with 155,976,036 shares. The mentioned changes placed institutional holdings at 194,036,250 shares, according to the latest SEC report filing. ENDP stock had 27 new institutional investments in for a total of 2,502,633 shares, while 25 institutional investors sold positions of 1,677,185 shares during the same period.