Lilly(Eli) & Co [NYSE: LLY] stock went on an upward path that rose over 2.55% on Tuesday, amounting to a one-week price increase of more than 5.13%.
Over the last 12 months, LLY stock rose by 81.56%. The one-year Lilly(Eli) & Co stock forecast points to a potential upside of 7.63. The average equity rating for LLY stock is currently 1.63, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $763.33 billion, with 949.38 million shares outstanding and 849.57 million shares in the current float. Compared to the average trading volume of 2.75M shares, LLY stock reached a trading volume of 4163672 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Lilly[Eli] & Co [LLY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LLY shares is $869.47 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LLY stock is a recommendation set at 1.63. 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.
DZ Bank have made an estimate for Lilly(Eli) & Co shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 21, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $805 to $950. The new note on the price target was released on February 16, 2024, representing the official price target for Lilly(Eli) & Co stock. Previously, the target price had yet another drop from $660 to $610, while Daiwa Securities kept a Outperform rating on LLY stock.
The Average True Range (ATR) for Lilly(Eli) & Co is set at 19.21, with the Price to Sales ratio for LLY stock in the period of the last 12 months amounting to 21.24. The Price to Book ratio for the last quarter was 59.58, with the Price to Cash per share for the same quarter was set at 2.72.
LLY Stock Performance Analysis:
Lilly(Eli) & Co [LLY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.13. With this latest performance, LLY shares gained by 9.82% in over the last four-week period, additionally plugging by 35.74% over the last 6 months – not to mention a rise of 81.56% 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 LLY stock in for the last two-week period is set at 62.17, with the RSI for the last a single of trading hit 66.58, and the three-weeks RSI is set at 59.81 for Lilly(Eli) & Co [LLY]. The present Moving Average for the last 50 days of trading for this stock 762.06, while it was recorded at 782.90 for the last single week of trading, and 649.44 for the last 200 days.
Insight into Lilly[Eli] & Co Fundamentals:
Lilly(Eli) & Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.03 and a Current Ratio set at 1.35.
LLY Stock EPS
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 LLY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lilly(Eli) & Co go to 56.73%.
Lilly[Eli] & Co [LLY] Institutonal Ownership Details
The top three institutional holders of LLY stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in LLY stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in LLY stock with ownership which is approximately 5.8386%.
